Livestock
Washington/Chicago | Reuters — President Donald Trump on Tuesday ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection. With concerns about food shortages and supply chain disruptions, Trump issued an executive order […] Read more
Trump orders U.S. meat processing plants to stay open
Advocates call for protective equipment for plant workers
Piglets aborted, chickens gassed as pandemic slams meat sector
"We have to have less hogs somehow"
Chicago | Reuters — With the pandemic hobbling the meat-packing industry, Iowa farmer Al Van Beek had nowhere to ship his full-grown pigs to make room for the 7,500 piglets he expected from his breeding operation. The crisis forced a decision that still troubles him: He ordered his employees to give injections to the pregnant […] Read more
Klassen: Yearling prices stay sluggish, calves hold value
Compared to last week, western Canadian yearling prices were steady to $4 lower; calves and grass cattle were relatively unchanged. Early in the week, the mood was quite depressing; yearlings were under pressure with feedlot buyers on the sidelines. By Friday, the market appeared to be well established. Backgrounding operators have been active sellers over […] Read more
Pork sector’s calls for aid heard, not yet answered
Federal government says it's examining "all options"
Federal Agriculture Minister Marie-Claude Bibeau’s office said late last week the government is working “around the clock” to respond to the pandemic’s impact on farmers and agri-food businesses. But there was no commitment to the direct support Canadian pork industry officials say is now necessary to carry the sector through a crisis which has led […] Read more
U.S. livestock: Hogs limit up on fears of tightening supplies
Cattle up on rising beef packer margins
Chicago | Reuters — U.S. lean hog futures rose their daily limit on Monday on fears of tightening domestic pork supplies as the coronavirus pandemic forces slowdowns at slaughterhouses, analysts said. June lean hog futures on the Chicago Mercantile Exchange settled up the daily maximum of 3.75 cents at 55.275 cents/lb., the contract’s highest since […] Read more
Smithfield to close Illinois pork facility
Workers test positive for COVID-19
Reuters — World’s largest pork processor Smithfield Foods said Friday it will suspend operations at its Monmouth, Illinois pork processing facility next week after some employees tested positive for COVID-19, adding to already strained U.S. meat supplies. The news of some of the company’s 1,700 employees at the plant testing positive comes a day after […] Read more
U.S. livestock: Profit-taking, technical selling pressure hogs, live cattle
Chicago | Reuters — U.S. hog and live cattle futures eased on Friday, with end-of-week profit-taking and technical selling pressuring the livestock markets, traders said. Strong consumer demand for pork underpinned the hog futures, which rose 17.4 per cent this week. “The pork product markets continue to scream higher and have begun to pull lean […] Read more
Calgary Stampede cancelled for 2020
Province's limits on gatherings cover all major summer events
Alberta’s confirmation that its restrictions on gatherings include all annual summer events has led organizers of the Calgary Stampede to cancel the event for the first time in 97 years. “As a community celebration, the cancellation of our annual event comes with our community and public health and safety front of mind,” Stampede president Dana […] Read more
U.S. livestock: Cattle futures weaken, hog contracts rise
Chicago | Reuters — CME Group hog futures rose on Thursday while cattle futures eased as traders struggled to assess the long-term demand impacts of the global coronavirus pandemic. “For livestock, traders are still trying to figure out where to take this market given the uncertainty of meat demand for the rest of the year,” […] Read more
Tyson to shutter beef facility as workers tested
Beef plant employees asked to isolate at home
Reuters — A Tyson Foods unit said Thursday it will temporarily halt production at a beef facility at Pasco, Washington, adding to the meat processing plant the company has had to shutter as it tests workers for COVID-19. Tyson said Wednesday it was closing two pork processing plants, including its largest in the U.S., further […] Read more
Cyber-Savvy Farmer
