Livestock
Chicago | Reuters – Chicago Mercantile Exchange hog futures climbed to nearly four-month highs on Monday, supported by strong demand. “Cash trade got off to a good start. There’s margin out there with where fresh pork values are at. I think that’s helping to move things along,” said Matthew Wiegand, risk management consultant at FuturesOne. […] Read more
U.S. livestock: CME lean hog futures climb on strong demand
SubtitleCattle futures were pressured by softer cash prices and uncertain consumer demand
Company targets precision feeding in hog barns
Funding heats things up for Manitoba ag-tech startup
Reading Time: 2 minutes Glacier FarmMedia – A Canadian agricultural tech startup hopes its product will raise the bar for feed monitoring systems in hog barns. “Our sensor goes right on the feed line within the barns, as opposed to general load cells, which go on the bins, or laser systems that are at the top of the bin […] Read more
U.S. livestock: CME lean hog futures reach one-week high
For beef processors, margins are worsening
Chicago | Reuters – Chicago Mercantile Exchange livestock futures rose on Friday, with the hog market reaching its highest price in a week as profit margins improved for pork processors. The hog market has turned higher after dropping to a one-week low on Wednesday. Most-active October lean hog futures LHV3 ended up 1.775 cents to […] Read more
Feed weekly outlook: wheat, barley prices still on the rise
Demand for feed grains on the quiet side as feedlots order more United States corn says analyst
Marketsfarm – Variable crop conditions in Alberta and Saskatchewan are contributing to rising feed grain prices on the Prairies just weeks away from harvest. Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta., said while conditions in the northern half of Alberta are good in some places, areas around Red Deer and parts […] Read more
U.S. livestock: Live cattle futures mixed; feeders boosted as corn slumps
Chicago | Reuters – Feeder cattle futures on the Chicago Mercantile Exchange Group (CME) ticked up again on Thursday, bolstered by continued weakness in corn futures Cv1, while live cattle futures were mixed on somewhat sluggish cash sales, analysts said. The U.S. Agriculture Department said on Thursday morning that export sales of beef rose to 21,400 […] Read more
U.S. livestock: feeder cattle futures gain boost from corn market weakness
Meat packers continued to see profit margins stay in the red
Meat packers continued to see profit margins stay in the red
Recovery funds available to beekeepers for 2022 disaster
However, outdated importation policies still place producers at risk, says sector leader
Reading Time: 5 minutes Alberta beekeepers devastated by colony losses are getting a hand up through a new funding agreement. Agriculture Financial Services Corp., through the AgriRecovery program, is compensating commercial beekeepers for “extraordinary costs” incurred during the winter of 2021-22, when extreme cold and a parasite outbreak ravaged the sector. Overall, beekeepers lost 50 per cent of their […] Read more
Alberta dairy producers fight food insecurity
Reading Time: < 1 minute Alberta Milk has launched phase two of a campaign in which it encourages Albertans to help it reach a $100,000 donation target to support people facing food insecurity through a partnership with Food Banks Alberta. Until Aug. 1, Alberta Milk will match donations made to foodbanksalberta.ca/abdairyfarmers to a maximum aggregate amount of $50,000, which will […] Read more
U.S. livestock: Live cattle futures extend profit-taking slide
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group fell on Tuesday for a fourth session on profit-taking after last week’s contract highs, and a month-long slide in wholesale beef prices that erased meat packers’ profit margins, analysts said. CME August live cattle futures LCQ3 settled Tuesday down 0.450 cent at 178.300 cents […] Read more
U.S. livestock: live cattle futures end mixed; feeders pressured as corn soars
Persistent poor pasture conditions pushing producers to place more cattle in feedlots: analysts
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group closed mixed on Monday, with nearby contracts pressured by surging feed grain prices and bearish data in Friday’s monthly U.S. Cattle on Feed report. CME August live cattle futures LCQ3 settled down 1.275 cents at 178.750 cents per pound and most-active October LCV3 […] Read more