Livestock
Reading Time: < 1 minute The first round of tariff cuts under the Trans-Pacific Partnership came into effect Dec. 30, with the prohibitive Japanese tariff of 38.5 per cent dropping to 27.5 per cent on Canadian fresh beef and to 26.9 per cent on frozen beef. A second round of cuts saw Vietnamese tariffs fall on Jan. 14, and will […] Read more
Trans-Pacific tariffs start to fall
U.S. livestock: Hog futures tumble to two-month low
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped as much as 3.7 per cent on Wednesday, skidding to the lowest levels in two months on pressure from chart-based selling and ample U.S. hog supplies, traders said. Hog prices on Tuesday had dipped below their closely watched 200-day moving average and on Wednesday […] Read more
Alberta Milk’s new-entrant program taking applications
The program, which ‘loans’ quota to new dairy farmers, has helped 17 operations start up
Reading Time: < 1 minute Until March 31, Alberta Milk will be accepting applications to its New Entrant Assistance Program. The program offers a quota loan at no cost to successful applicants who want to be dairy farmers anywhere in the province. Under the program, every kilogram of quota purchased by the new entrant is matched by two kilograms by […] Read more
Louis Dreyfus to exit dairy by mid-2019
Paris | Reuters –– Louis Dreyfus Co. said on Wednesday it would sell or wind down its small dairy business by the middle of this year as part of an overhaul to revive growth at the agricultural commodity giant. Privately-held Louis Dreyfus had previously earmarked dairy as one of several activities to be sold or […] Read more
U.S. livestock: Live cattle hit contract highs on storm forecast
Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more
Edmonton’s Delta Genomics sold to U.S. company
Newly named Neogen Canada focuses on the use and application of genomic data, says company
Reading Time: 2 minutes Edmonton’s Delta Genomics has been sold to Neogen Corporation, an American company with locations in the U.S., Scotland, Brazil, and Australia. “The biggest visible change will be the logo,” Michelle Miller, Delta’s CEO who is now general manager of Neogen Canada, said in an e-newsletter from Livestock Genetic. “Even though the testing will be done […] Read more
Klassen: Fed cattle market lifts feeder prices
Compared to last week, western Canadian feeder cattle markets traded $4 on either side of unchanged. Early in the week, the market was rather sluggish but a fortuitous bounce in the live cattle futures quickly spilled over into the feeder complex. Yearlings and heavier calves ended the week $2 to $4 higher. Feeding margins are […] Read more
It’s all about the grass at this all-inclusive cattle resort in the Rockies
Waldron Ranch has been a paradise for cows for over a century — and will be for centuries to come
Reading Time: 5 minutes Ranchers along the eastern slopes of the Rocky Mountains watched her as she made her way through the foothills, walking for miles and miles and forcing her way through every fence until she reached her destination. That old cow just had to get back to Waldron Ranch. “She does it every year after weaning,” said […] Read more
Farming insects may solve one problem, create others
Rome | Thomson Reuters Foundation — Insects have great potential as an alternative source of protein, but further research is urgently needed before mass production begins in order to avoid environmental disaster, Swedish researchers warned Monday. There is currently an “overwhelming lack of knowledge” on basic questions such as suitable species, their housing and feed […] Read more
U.S. livestock: CME hogs slip on weaker cash
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Friday, following softening cash hog prices, traders said. CME February hog futures settled down 1.425 cents at 62.65 cents/lb., halting a three-session advance (all figures US$). Traders noted that hogs in the top cash market of Iowa and southern Minnesota traded […] Read more