Livestock
Chicago | Reuters –– U.S. cattle futures fell to six-year lows on Tuesday, adding to steep losses from the previous session as investors liquidated holdings amid ample animal and meat supplies, traders and analysts said. Lean hog futures gained more than one per cent at the Chicago Board of Trade, lifted by spreading as some […] Read more
U.S. livestock: Cattle fall to six-year low on long liquidation
Beef sector questions need for transport rules changes
Officials fear new rules will favour public concerns over scientific evidence
Reading Time: 4 minutes The beef industry is bracing for changes to cattle transport regulations, fearing they might be based on perceptions rather than sound science. Current rules require animals be off-loaded after 48 hours of transport for a minimum of five hours and provided with feed and water, unless they can reach their destination within 52 hours. The […] Read more
Canada’s cattle herd has stubbornly refused to grow
High prices made expansion expensive and falling prices have folks nervous — but young producers like Clay and Jesse Williams see only opportunity
Reading Time: 5 minutes Canada’s cattle herd has been poised for expansion for the last two years, but declining cattle prices have put those expansion plans on hold. “The July 1 inventory showed that we were completely steady with beef cow numbers,” said Brenna Grant, manager of Canfax Research Services. “We did have an increase in beef heifers for […] Read more
Belgian regions set to block CETA over farm concerns
Brussels | Reuters –– Southern Belgium is set to block a planned EU-Canada free trade agreement, threatening to undermine the European Union’s entire trade policy and serving as a warning to British hopes of a speedy deal after Britain has left the European Union. EU trade ministers will vote in a week on the Comprehensive […] Read more
U.S. livestock: CME live cattle slump limit down
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday settled down by their three cents/lb. daily price limit, on sell stops and fund liquidation after some contracts fell beneath chart support levels, said traders. October and December were down three cents/lb. at 98.875 and 100.05 cents, respectively (all figures US$). December futures […] Read more
Klassen: Patient buyers await lower feeder market
Patience is a virtue, the old saying goes. Unlike the past few years, feedlot operators have been rewarded for waiting and there is no clear signal the market has any incentive to deviate from the current direction. Western Canadian feeder markets were trading $5-$8 below week-ago levels as larger numbers come onstream in all weight […] Read more
Jacket maker Canada Goose reported planning IPO
Reuters — Canada Goose Inc., a maker of luxury winter down jackets, is interviewing banks to help prepare for an initial public offering (IPO) that could value the company at as much as $2 billion, sources familiar with the matter said on Friday. An IPO of Toronto-based Canada Goose would demonstrate the explosive growth the […] Read more
U.S. livestock: CME live cattle close weak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished weaker on Friday on weekend positioning after traders sold nearby contracts and bought deferred months in a strategy known as bear spreading, said traders. October ended down 0.55 cent/lb. lower at 101.875 cents, and December down 0.05 cent, to 103.05 cents. “I think that […] Read more
Overconsumption of clovers can affect horse health
Horse Health: There are clear symptoms to watch for when there’s clover in a horse’s diet
Reading Time: 4 minutes Whenever horses are grazing on pastures where clover is present, certain health concerns for the horse need to be kept in mind. It is of value to recognize the type of clovers present in the pasture, as well as the type of health problems that might ensue with ingestion of particular types of clover. Clover […] Read more
Smithfield to shutter major hog plant against Matthew
Chicago | Reuters — Smithfield Foods will shutter its hog processing facility, the world’s largest, on Saturday to protect employees in North Carolina from Hurricane Matthew, industry sources said on Friday, as farmers braced for the storm’s potential lashing. Matthew has fueled concerns about the safety of livestock and farm workers along the coast from […] Read more