Livestock
Reading Time: < 1 minute The delay in ratifying the replacement for NAFTA is neither a surprise nor cause for concern, says the Canadian Cattlemen’s Association. “A delay in implementing the new agreement is not a significant concern for the beef sector as long as the existing NAFTA remains in effect,” it said. Congress is currently on a summer break […] Read more
CCA not concerned with NAFTA trade deal delay
Indian court acquits six in cow vigilante case
New Delhi | Reuters — An Indian court on Wednesday acquitted six men of the killing of a 55-year-old Muslim dairy farmer, citing lack of evidence, raising questions over the prosecution’s failure to make its case despite videos of a crowd beating him in the street. The 2017 attack on Pehlu Khan and his two […] Read more
U.S. livestock: Cattle futures limit down again on Tyson fire
Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures plunged to multiyear lows on Tuesday, with some contract months for both live cattle and fed cattle ending at their daily trading limits for the second day in a row. Traders said the market continued to weigh the impact of a fire at a key […] Read more
Livestock tax deferral regions announced
Reading Time: < 1 minute Ottawa recently announced its initial list of eligible regions for the Livestock Tax Deferral Provision months earlier than usual. There are 30 counties and special areas named in Alberta, concentrated along the southern side of the province and in the north and northwest. The provision allows producers who sell part of their breeding herd to […] Read more
U.S. livestock: Cattle limit down after Tyson beef plant burns
Chicago | Reuters — Chicago Mercantile Exchange cattle futures dropped their daily trading limits on Monday after a fire at a major beef plant threatened to limit demand for the animals for months, traders said. Live cattle prices settled at their lowest since July 3 while feeder cattle contract dropped to their lowest since June […] Read more
U.S. livestock: Lean hogs end mixed as trade gauges trade war impact
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday in choppy trading as investors weighed rising pork prices against weak cash hog values and rising concerns about pork exports to China. Spread trading steered some contracts up sharply while others, including actively traded October and December futures, retreated. “Spreads […] Read more
Beef sector sees place in UN report’s lower-emission vision
While a new United Nations report on climate change and land calls for “rebalancing diets,” the policy paths it seeks are a good fit for beef cattle ranching as Canadians know it, the Canadian Cattlemen’s Association says. Responding Thursday to the report from the UN’s Intergovernmental Panel on Climate Change (IPCC), the CCA said Canada’s […] Read more
Wild pigs a growing problem not many seem to care about
Alberta is the only province with a control strategy — but it’s still in the pilot program phase
Reading Time: 4 minutes Since their numbers are unknown and the wily animals are rarely spotted, it’s been easy to ignore the problem of wild pigs. But given their potential to spread disease, that’s a mistake, says the country’s leading — and pretty much only — expert on wild boars. The animals — whose population has mushroomed in the […] Read more
U.S. livestock: Lean hogs rally for second day
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures posted strong gains for a second consecutive session Thursday, lifted by short-covering and technical buying following the market’s recent drop. Rising pork prices and solid pork exports supported the market, largely diluting concerns over U.S. trade tensions with China, the world’s top hog and […] Read more
Packers win dismissal of U.S. pork price-fixing suits
Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers. Chief Judge John Tunheim of the federal court in Minneapolis said the plaintiffs failed to show […] Read more