Livestock
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ended mixed on Friday as traders waited for fresh news to gauge demand levels. The most-active CME December lean hog futures contract LHZ2 dropped 0.625 cent to 77.15 cents per lb, with support noted around the contract’s 10-day moving average. Front-month October hogs LHV2 rose 0.575 cents to settle […] Read more
U.S. livestock: Hog futures mixed; cattle futures steady-weak
U.S. livestock: Hog futures firm on technical buying
Cattle futures close mostly lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all figures US$). Front-month October hogs […] Read more
Thanksgiving in a time of bird flu
North America's poultry sector is embroiled in a fall surge of avian influenza, even as turkey demand hits one of its annual peaks
It’s the final stretch until Thanksgiving, but anyone hoping to bring their raw bird over the border may be disappointed. The Canadian Food Inspection Agency (CFIA) is warning the public that raw poultry, including turkey, from restricted areas of the U.S. will not be allowed past the international border due to the ongoing fight with […] Read more
Bovine Gastronomy: It turns out that garlic pairs well with minerals
Alberta researcher finds cattle will consume more mineral if it’s flavoured with fresh garlic
Reading Time: 3 minutes Just like many people do, cattle enjoy the taste of garlic, and as with humans, many swear the ‘stinking rose’ offers numerous health benefits for bovines. Garlic is rumoured to entice cattle to consume more minerals, have anti-fungal properties and even discourage horn flies from pestering them. “You would find these anecdotes on blogs,” said […] Read more
U.S. livestock: CME hogs up off 10-month low on bargain-buying
Live cattle also up on technical buying
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday on bargain buying, a day after the benchmark December contract fell to a 10-month low, traders said. CME December lean hog futures settled up 2.075 cents at 76.5 cents/lb. (all figures US$). Front-month October hogs ended up 3.8 cents, at 90.8 […] Read more
Klassen: Demand fears cause feeder cattle market volatility
Barley values continue upward
Compared to last week, western Canadian yearling markets traded $4 higher to as much as $6 lower. Strength was noted in the eastern Prairie regions while the market was softer in Alberta. Western Canadian calves were extremely volatile, trading $5 higher to as much as $10 lower in some cases. It’s not uncommon for markets […] Read more
More penguins dying of avian flu at Cape Town colony
Visitors urged to disinfect shoes to prevent virus' spread elsewhere
Cape Town | Reuters — More penguins have died from avian flu at the colony at Cape Town’s Boulders beach, a popular tourist attraction and an important breeding site in South Africa, raising concerns for the species and for other seabirds. David Roberts, a clinical veterinarian at the South African Foundation For The Conservation Of […] Read more
U.S. livestock: CME lean hogs, live cattle retreat on technical selling
Funds net long in hogs, cattle
Chicago | Reuters — Chicago Mercantile Exchange benchmark December lean hog futures fell about four per cent on Tuesday, hitting a 10-month low on technical selling and worries about consumer demand for meat, traders said. Brokers shrugged off strength in outside markets including crude oil and Wall Street equity markets, which firmed as fears eased […] Read more
Lending terms for ranchers
Reading Time: < 1 minute Agriculture Financial Services Corporation says it has made “some interim changes to our loan processes” to assist producers who need funds to buy feed, gain access to water or buy breeding females. “These changes include quick processing of loans up to $200,000, interest-only payments for up to 24 months, up to 60-month loan amortization and […] Read more
Dairy commission fills board vacancy
Green tech CEO named to commissioner spot on CDC board
Concerns that the Canadian Dairy Commission could be caught short at its board table have been resolved with a new appointment to a vacant commissioner’s chair. Federal Agriculture Minister Marie-Claude Bibeau on Sept. 27 announced Shikha Jain will be the CDC’s commissioner for a four-year term effective Sept. 15. Jain, who lives at Guelph, is […] Read more