Livestock
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended lower on Thursday as profit-taking overshadowed strong U.S. export demand, analysts said. The U.S. Department of Agriculture, in a weekly report, said weekly net U.S. pork export sales were 59,600 tonnes for 2021, up 68 per cent from the prior four-week average. Weekly export […] Read more
U.S. livestock: Pork export sales rise, profit-taking hits hog futures
Cattle futures down while beef exports up
Keep a close watch for these issues when calving
Recognizing the signs of trouble and acting quickly can be a true lifesaver
Reading Time: 3 minutes With spring approaching, I am going to attempt to summarize the many ways we can collectively (and hopefully) maximize calf survivability and productivity starting at calving time. Each of you will have different management styles, strategies, and numbers — but if there are one or two new things, techniques, or observations you can learn from, […] Read more
Video offers ‘911’ techniques for a newborn calf that’s not breathing
Use a recovery position or some water from a squirt bottle, but never hang a calf on a gate
Reading Time: 2 minutes A new video from the Beef Cattle Research Council demonstrates some simple ways to revive a calf that hasn’t taken a breath after having endured a tough labour. “The day a calf is born is going to be the highest-risk day of its entire life,” Dr. Claire Windeyer says in the video. “So it’s important that […] Read more
Olymel restarting hog slaughter at Red Deer
Work to resume at pork plant this week
Meat packer Olymel plans to restart slaughter operations Thursday at one of Canada’s largest hog plants following a major outbreak of COVID-19 among employees. Olymel, an arm of Sollio Co-operative, said late Wednesday it had recalled “employees that are needed to ensure that the gradual restarting of operations goes smoothly” at its Red Deer, Alta. […] Read more
U.S. livestock: Lean hogs up on new swine fever outbreak in China
April live cattle down, feeders up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped on Wednesday as China reported a new outbreak of a deadly pig disease, raising expectations that Chinese importers could increase U.S. purchases. China’s farm ministry confirmed African swine fever in piglets being illegally transported through Funing county in the southwestern province of Yunnan. The […] Read more
Second activist investor buys into Elanco
Reuters — Hedge fund Starboard Value LP has taken a stake in Elanco Animal Health and nominated three directors to the animal healthcare company’s board, the Wall Street Journal reported Wednesday, citing people familiar with the matter. The WSJ report did not mention the size of Starboard’s stake in Elanco, which makes treatments for pets […] Read more
Some beleaguered hog farmers want production cuts
In another sign of distress, six growers asked Alberta Pork to lead efforts to cut production
Reading Time: 2 minutes Some hog producers are urging Alberta Pork to lead a charge to cut pig production in the province. The unusual request is the latest instalment in an ongoing effort to staunch the flow of red ink in the province’s hog sector. But leading an effort to cut production in a bid to win higher prices […] Read more
U.S. livestock: Lean hogs down off recent gains
April live cattle end up off five-week low
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped 2.7 per cent on Tuesday as the market retreated from recent surges. Profit-taking has weighed on prices since most-active April hog futures reached a life-of-contract high on Thursday. Still, traders said robust Chinese demand for pork imports is underpinning the futures market. Traders are […] Read more
Olymel closure due to COVID creates costly backlog for hog producers
Backlog of hogs tops 100,000 and it will take weeks to work through it when plant reopens
Reading Time: 2 minutes Red Deer’s Olymel plant remains closed following three deaths linked to the COVID-19 outbreak at the hog processing facility. The plant closed temporarily but indefinitely on Feb. 16, and as of press time, it remained closed, with more than 500 confirmed COVID cases linked to the facility by Alberta Health Services. That’s more than a […] Read more
Klassen: Steady demand supports feeder cattle prices
Compared to last week, western Canadian yearling prices were unchanged while calves were steady to $2 higher on average. Auction barns received larger supplies of backgrounded cattle and there was a fair amount of direct trade of yearlings off farm. Larger supplies of heavier-weight feeders appeared to limit the upside but there was no slippage. […] Read more
Cyber-Savvy Farmer
