Livestock
Chicago | Reuters — U.S. lean hog futures jumped to two-week highs on Tuesday amid hopes for increased pork prices, which have been under pressure from large supplies and weakened demand from China. Wholesale pork prices, known as the cutout, rose by $1.01 on Monday to $62.93/cwt for carcasses, according to U.S. Department of Agriculture […] Read more
U.S. livestock: Hog futures set two-week peak on pork price hopes
The mystery deepens as third case of PED found in Alberta
It’s not known how the devastating virus arrived or how it showed up in one isolated room on a second farm
Reading Time: 5 minutes Alberta hog producers are no closer to answers about how a devastating virus found its way into the province after a third case of porcine epidemic diarrhea virus (PEDv) was confirmed at the start of March. “There are several possibilities about how it’s spreading that involve transportation, and we’re still looking into that at this […] Read more
Klassen: Feeder market sends mixed signals
Compared to last week, western Canadian yearling markets were steady to $4 lower while calves were steady to $2 higher. Barley prices have jumped $3-$6 per tonne over the past week, with winter conditions hindering off-farm logistics. Alberta packers were buying fed cattle in the range of $149-$150 last week; however, in Nebraska, fed cattle […] Read more
U.S. livestock: CME live cattle retreat on profit-taking
Chicago | Reuters — U.S. live cattle futures closed lower on Monday as investors booked profits after contract highs hit on Friday, traders said. Managed funds hold a large net long position in Chicago Mercantile Exchange live cattle futures, leaving the market vulnerable to bouts of long liquidation. The funds expanded their net long in […] Read more
One Alberta PED case deemed ‘false positive’
The third of four reported on-farm outbreaks of porcine epidemic diarrhea in Alberta so far this year can now be marked as a negative. The provincial government and hog producer agency Alberta Pork on Monday announced the first of two cases reported Friday was in fact a “false positive.” Specifically, Alberta Pork said Monday, the […] Read more
FCC offers up new Starter Loans
“Preferential” loan rates are available to young farmers or agribusinesspeople planning start-ups through a new Farm Credit Canada lending program. Lawrence MacAulay, addressing the Canadian Federation of Agriculture’s annual meeting Wednesday in Ottawa when he was still federal minister of agriculture, unveiled the federal ag lending agency’s new Starter Loan Program. The program, according to […] Read more
U.S. livestock: Cold weather pushes cattle futures to new highs
Chicago | Reuters — U.S. live cattle futures roared to new contract highs on Friday, supported by worries about cold weather limiting weight gain in herds. Most-active April cattle touched a contract high of 130.45 cents/lb., topping its previous high of 130.1 on Wednesday (all figures US$). June cattle also touched a high for the […] Read more
Alberta confirms third and fourth PED cases
Update, March 4, 2019: The third PED case to which this article refers was announced Monday to be a “false positive.” Click here for details. Alberta, which until January was one of the remaining hog-producing provinces clear of porcine epidemic diarrhea (PED), is now up to four cases in three months. The provincial agriculture department […] Read more
Order your heritage chickens
Reading Time: < 1 minute The University of Alberta Heritage Chicken program is again offering small flock enthusiasts the chance to order heritage chicks until supply sells out. “Heritage chicks are vaccinated and hatched at the U of A’s Poultry Research Centre,” says Dawn Hage, program co-ordinator. “This year, we’re offering Brown Leghorn, Light Sussex, Plymouth Barred Rock, Random Bred […] Read more
U.S. livestock: Cattle end mixed, June sets new high
Chicago | Reuters –– U.S. live cattle futures finished mixed after touching a new contract high on Thursday, as concerns about cold weather tightening supplies underpinned prices. Forecasts for more cold, snowy weather in the middle of the country kept traders on edge after recent storms slowed transportation and weight gain in herds. Cattle typically […] Read more