Livestock
Chicago | Reuters — U.S. live cattle futures retreated on Wednesday after the December contract hit its highest price in more than a month, while feeder cattle futures slumped as prices surged for grain used as animal feed. The rally in U.S. grain futures prices hung over cattle markets because livestock producers will be more […] Read more
U.S. livestock: Cattle futures slip as feed grain prices soar
Firm cash prices support CME hogs
U.S. livestock: Cattle up on beef demand, cash market optimism
Chicago hogs down on profit-taking
Chicago | Reuters — U.S. live cattle futures rose on Tuesday, with the December contract reaching its highest in a month on signs of strong demand for beef and expectations of firm cash cattle trade this week, analysts said. Also, commodity funds appeared to be adjusting positions ahead of the end of the month and […] Read more
Klassen: Stronger barley prices weigh on feeder market
Compared to last week, western Canadian yearling prices were steady to $2 lower; calves weighing 500 to 650 lbs. traded $2-$4 lower while lighter weights under 500 lbs. were steady to $5 higher. There is a distinct price structure for each weight category, depending on the time frame for the finished animal. The overall feeder […] Read more
Olymel to ramp up processing at Quebec poultry plant
St-Damase expansion work to take about a year
Olymel plans to bring more of its poultry further-processing in-house with a $31.5 million expansion at one of its major slaughter and cutting plants in Quebec’s Monteregie. The meat packing arm of Quebec’s Sollio Co-operative Group announced Monday it had started work that day on a 35,200-square foot plant expansion at St-Damase, about 50 km […] Read more
China targets pork self-sufficiency rate of 95 per cent
Imported beef increasing in market share
Beijing | Reuters — China is aiming to produce 95 per cent of its pork at home, according to a cabinet document outlining plans for its livestock sector, underscoring a goal to quickly rebuild its huge pig herd after a major disease epidemic. The document, released on Sunday, comes amid a heightened focus on food […] Read more
U.S. livestock: Cattle futures up on cash market optimism
Wholesale pork values support October hogs
Chicago | Reuters — U.S. live cattle futures closed firm on Monday, rallying after a sharply lower open as strong packer margins raised expectations for higher cash cattle trade this week, analysts said. Average beef packer margins rose to $320.18 per head, from $313.25 on Friday, according to livestock marketing advisory service HedgersEdge.com (all figures […] Read more
New benchmarking program aims to help you up your game
Initiative will not only help cow-calf producers evaluate their performance but become more innovative
Reading Time: 3 minutes This is an abridged version of Part 1 of a three-part series. The full article and the two upcoming parts (when released) can be found at beefresearch.ca (in the BCRC Blog section). The Canadian Cow-Calf Cost of Production Network (CDN COP Network) has been developed collaboratively with provincial co-ordinators and funded by the Beef Cattle Research Council […] Read more
U.S. livestock: Hog futures rise on export hopes
CME cattle futures weaken
Chicago | Reuters — U.S. hog futures rose 1.7 per cent on Friday, with the market shrugging off bearish supply data on hopes that exports would remain strong, traders said. “At a time when we are nearing our fourth-quarter peak in supply, the market is highly focused on the belief that export sales are running […] Read more
U.S. livestock: Cattle futures rise on supply concerns
CME lean hog futures down
Chicago | Reuters — Live cattle futures rose to their highest in more than a month on Thursday, supported by signs of a stabilizing cash market and concerns about tight supplies in the coming months, traders said. “The feedlots believe… that we have a marketing hole for most of October into December,” Don Roose, president […] Read more
Pilot project expands animal disease diagnostics
Reading Time: < 1 minute The University of Calgary faculty of veterinary medicine is expanding its diagnostic service unit for enhanced animal disease diagnosis and welfare. A four-year pilot will add a clinical microbiologist, an anatomic pathologist and support staff to the unit. This will allow it to “support livestock producers through private veterinary clinics in rural Alberta, protect public […] Read more
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