Livestock
Beijing/Sao Paulo | Reuters –– Efforts by the Brazilian government to lift a month-long ban on beef exports to China paid off on Thursday, as Beijing agreed to resume imports while also approving four new beef packers based in Brazil, according to authorities in both countries. China’s General Administration of Customs approved the resumption of […] Read more
China agrees to resume imports of Brazilian beef
Beijing authorizes four new Brazilian plants
U.S. livestock: CME hogs slide to new contract lows, finish mixed
April live cattle down, feeders up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures crumbled to new life-of-contract lows on Thursday, before finishing mixed, on concerns about poor demand for U.S. pork, analysts said. The market has tanked since last week, with additional pressure stemming from weak cash prices and larger-than-expected supplies of hogs. The front-month contract is down […] Read more
CFIA seeks feedback on traceability, animal ID amendments
Producers have until June 16 to comment on proposals
The Canadian Food Inspection Agency is now seeking comment on its proposed amendments to livestock identification and traceability regulations. The regulatory proposal would address what the agency calls “gaps” in the current system, including: adding goats and cervids as animal species that share diseases with other regulated livestock, and therefore subject to traceability requirements, shortening […] Read more
U.S. livestock: CME hogs fall to contract lows on demand worries
April cattle also down on day
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled to contract lows again on Wednesday on concerns about lower demand, analysts said. Worries about the risk for a recession to reduce consumers’ meat purchases hung over livestock markets, particularly for expensive cuts, said Arlan Suderman, chief commodities economist for broker StoneX. Wheat and […] Read more
New chair takes the reins at ABP
Brodie Haugan says important issues include the decline in the cow herd and the long-term health of the cow-calf sector
Reading Time: 3 minutes The youngest-ever chair of Alberta Beef Producers says he’s excited to bring the voice of the next generation to the organization. “To be honest, when I first got involved with ABP, I had no intent of getting to the top position,” said 32-year-old Brodie Hagen, who ranches near Orion. “I just saw the opportunity to […] Read more
U.S. livestock: CME lean hogs hit contract lows on follow-through selling
Cattle futures edge upward
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped to contract lows on Tuesday on follow-through and technical selling after recent slides, traders said. Front-month April lean hogs settled down 0.725 cent at 77.05 cents/lb. after hitting a contract low at 77 cents (all figures US$). The contract has lost 12 per cent […] Read more
Alberta bucks trend in live lamb prices
Préval Ag plant and feedlot purchase seen as positive for the sector
Reading Time: < 1 minute Provincial live lamb prices reported by Statistics Canada show an annual decrease in 2022 compared to 2021 for all provinces except Alberta, says Ann Boyda, provincial livestock market analyst with the Alberta government. “Alberta average live weight price was reported at $242.44 per hundredweight for 2022, up 4.7 per cent from 2021. Ontario has normally […] Read more
Klassen: Stronger fed cattle market pulls feeders upward
Feedlots becoming more current with production
Compared to last week, western Canadian yearling and calf markets were quoted steady to $5 higher on average. Strength was noted in southern Alberta. In the Lethbridge area, prices for lighter flesh replacements were up as much as $10 from seven days earlier. Larger supplies of backgrounded cattle are coming on the market at this […] Read more
U.S. livestock: June live cattle, hogs continue lower
Feeder cattle also down on day
Chicago Mercantile Exchange’s most-active June live cattle and lean hog contracts continued on a downward track in Monday’s trade. June live cattle closed Monday at $155.525, beneath the lower end of its 20-day Bollinger range and down 87.5 cents from Friday’s close (all figures US$ per hundredweight). Front-month April, meanwhile, opened near its 50-day moving […] Read more
They’re big but not bad: Bison herd fits with rotational grazing
Reading Time: 3 minutes Dan Sych and his family are doing something a little different — practising rotational grazing with bison. But it’s no big deal, even though his livestock are formidable beasts, says the Hay Lakes producer. “So much of it has to do with what everyone’s interpretation of what rotational grazing means to them,” he said. “We […] Read more
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