Livestock
Workers at the Maple Leaf Consumer Foods plant on Lagimodiere Boulevard in Winnipeg, voted 98 per cent in favour of a strike mandate on Nov. 15.
Workers at Maple Leaf’s Lagimodiere plant in Winnipeg give overwhelming strike mandate
Klassen: Beef demand uncertainty weighs on feeder market
For the week ending November 15, Western Canadian feeder cattle markets traded $8-$10/cwt below values from seven days earlier. The cash market held value early in the week as the feeder cattle futures experienced a fortuitous bounce. However, weaker feedlot margins and longer term uncertainty regarding beef demand resulted in a softer tone in the […] Read more
U.S. livestock: Cattle futures rebound after tariff reduction news
Chicago cattle futures opened lower before rebounding to close up on Monday. Lean hog futures settled on either side of unchanged. “Friday’s announcement on tariff reductions towards Brazil was seemingly blown out of proportion,” wrote analyst Christopher B. Swift. “I could not understand why such a lower opening on a 10 per cent reduction of […] Read more
U.S. livestock: Cattle, hog futures rise on first WASDE since September
Chicago cattle and hog futures made modest gains on Friday after the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) since the the U.S. government shut down on October 1. Most-active February live cattle futures rose by 0.575 cents to close at 219.525 cents a pound. December contracts settled at 219.150 cents […] Read more
JBS profit falls amid still-challenging US market environment
JBS, the world’s largest meat company, reported a net profit fall in the third quarter in spite of a rise in global net sales amid a still-challenging beef market environment in the U.S., according to an earnings statement on Thursday.
U.S. livestock: Cattle futures continue downward
Cattle futures on the Chicago Mercantile Exchange were weaker on Thursday, as a lack of fresh news continued to weigh on values. The December live cattle contract dropped 6.275 cents per pound at 219.000 cents. Feeder cattle fell 9.025 cents in the January contract at 318.450 cents per pound. The U.S. Department of Agriculture reported […] Read more
Mosquito-borne virus could be devastating to sheep breeding operations
Cache Valley virus continues to spread on the Prairies, but no vaccine is on the horizon
Reading Time: 3 minutes Cache Valley virus, a mosquito-borne disease that infects small ruminants, could be a devastating hit to small operations.
Klassen: Weaker fed market weighs on feeder cattle prices
For the week ending November 8, Western Canadian feeder cattle markets traded $10-$20/cwt below values from seven days earlier. Some packages weighing from 600 to 850 pounds were down as much as $30 from week-ago levels. The April live cattle futures fell $10/cwt over the course of the week while Alberta barley prices gained $5-$8/cwt. […] Read more
U.S. livestock: Hogs rebound, cattle hit upward limits
Chicago hog futures rallied on Monday after a long slide. Cattle futures also jumped with all feeder contracts hitting upward limits. Most-active December lean hog contracts closed at 82.775 cents a pound, up 3.375 cents. February futures settled at 82.825 cents per pound, up 3.475 cents. Pork carcass cutout value ended the afternoon at $100.22 […] Read more
B.C. ostriches culled, CFIA confirms
Ostriches on an embattled Edgewood, B.C. farm have been culled after a prolonged legal battle, the Canadian Food Inspection Agency has confirmed.
Cyber-Savvy Farmer
