Livestock
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to their highest prices since April on Monday after the U.S., Canada and Mexico said they struck a deal on a trilateral trade pact. News of the agreement, reached over the weekend, eased concerns that the United States would exit the North American Free […] Read more
U.S. livestock: CME cattle futures jump on trilateral trade pact
Canada, U.S. deal saves NAFTA as trilateral pact
Ottawa/Washington | Reuters — The U.S. and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, US$1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century. In a big victory for his agenda to shake up an era of global […] Read more
Canada, U.S. reach deal to update NAFTA, sources say
Ottawa/Washington | Reuters — The U.S. and Canada reached a deal to update NAFTA and keep it a trilateral pact with Mexico, beating a midnight deadline with agreements to boost U.S. access to Canada’s dairy market and protect Canada from possible U.S. autos tariffs, two Canadian sources with direct knowledge of the talks said on […] Read more
Give your view on livestock welfare
Survey, focus group participation open until Oct. 31
Reading Time: < 1 minute The second phase of the Livestock Welfare Engagement Project is getting underway. There has been strong participation in an online survey, said Alberta Farm Animal Care, which is facilitating the initiative requested by Alberta Agriculture and Forestry. The province wants a better understanding of the “animal welfare landscape.” The second phase will involve five focus […] Read more
Cattle inspection fee increases by 25 cents
Fee amount has been unchanged since 2012
Reading Time: < 1 minute Livestock Identification Services (LIS) has been given provincial approval to increase its cattle inspection fee to $1.50 per head from the current $1.25 per head. This fee increase is just the second in 24 years and was “supported by all sectors of the cattle industry.” Fees in both B.C. ($1.80/head) and Saskatchewan ($2.75/head) are higher. […] Read more
U.S. livestock: CME lean hogs, cattle rise on month-end buying
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday, with the most-active December contract jumping more than four per cent on short-covering at the end of the month and quarter, traders said. CME October hogs settled up 0.875 cent at 62.175 cents/lb. and December rose 2.45 cents at 57.925 (all figures […] Read more
Canada sticks to plan to stay at NAFTA talks despite Trump attack
Ottawa | Reuters — Canada on Thursday shrugged off U.S. President Donald Trump’s criticism that talks to modernize NAFTA were moving too slowly and made clear it had to keep negotiating as long as there was a chance of success. The prospects for a quick deal to update the North American Free Trade Agreement appeared […] Read more
U.S. livestock: CME live cattle end higher, gaining against hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose more than one per cent on Wednesday on optimism about firmer cash cattle trade this week and inter-market spreading against hog futures, traders said. The market shrugged off bearish cattle and beef data from the U.S. Department of Agriculture in Monday’s Cold Storage and […] Read more
Trump slams Canada over NAFTA, says rejected Trudeau meeting
United Nations | Reuters — U.S. President Donald Trump on Wednesday blasted Canada over the slow pace of talks over NAFTA, saying he was so unhappy that he had rejected Canadian Prime Minister Justin Trudeau’s request for a one-on-one meeting. The remarks by Trump, who repeated a threat to impose tariffs on Canadian autos, knocked […] Read more
Brazil’s regulator rejects JBS settlement deal
Sao Paulo | Reuters — The Brazilian securities regulator CVM said on Wednesday it had rejected a settlement with the world’s largest meatpacker JBS SA and major shareholders in an insider trading case because of the severity of the allegations. Wesley Batista, the former CEO of JBS, and his brother Joesley are the largest individual […] Read more