Livestock
U.S. live cattle futures turned higher on Tuesday, aided by short-covering and an unexpected spike in wholesale beef prices, said analysts and traders. Also, feeder cattle at the Chicago Mercantile Exchange closed higher but hogs finished flat to weak. Initial CME live cattle gains were tied to short-covering and lack of deliveries posted by the […] Read more
U.S. live cattle snap back
Hundreds of weanling hogs euthanized at W. Man. farm
Provincial officials are investigating a suspected case of animal abuse after 1,300 piglets found in a state of "severe distress" were euthanized at a hog production facility in west-central Manitoba late last week. The provincial chief veterinarian’s office (CVO) responded to a call reporting the inappropriate treatment of hogs on the farm Aug. 24, a […] Read more
U.S. live cattle fall on fund liquidation
U.S. live cattle futures fell about one per cent on Monday, rocked by cash cattle price caution and fund selling, said analysts and traders. Chicago Mercantile Exchange (CME) feeder cattle closed weaker but hogs finished higher. CME live cattle began the week in negative territory. Additional deliveries pressured August while October investors were cautious as […] Read more
Ukraine to accept Canadian breeding cattle
Ukraine has agreed to details of a new export certificate that will allow immediate exports of purebred live cattle from Canada for breeding and genetics. Canada, which is in the midst of negotiating a free trade deal with Ukraine, has only shipped live cattle to the country once, in the 1980s, as part of a […] Read more
Klassen: Yearling run starts season on firm tone
Western Canadian feeder cattle prices were $1-$3 per hundredweight (cwt) higher last week as the yearling run started the season on a firm tone. Satellite sales experienced larger volumes over the past seven days and regular auction markets are planning larger sales over the next week. Feedlot operators are stepping forward more aggressively in the […] Read more
Live, feeder cattle drop on profit taking; hogs dip
U.S. live cattle futures settled lower on Friday, snapping five weeks of consecutive gains, amid profit taking and as the threat of more deliveries pressured the thinly-traded August contract, said analysts and traders. Also, feeder cattle at the Chicago Mercantile Exchange ended lower but extended their weekly gains to five. And hog futures slipped on […] Read more
Alta. no longer reporting farm fatality statistics
An Alberta workers’ organization alleges the province is trying to move the issue of fatal farm injuries "off the public radar" by halting its annual releases of specific farm fatality data. The province said last week that "due to changes in farm fatality reporting, we will no longer be posting specific statistics on farming fatalities […] Read more
Feed prices could force hog operations to close
Some hog producers in Canada may have to make the tough decision to shut down production because high feed prices could make operation costs too expensive, an industry official said. Drought conditions damaged a lot of feed grain crops in the U.S. Midwest, which caused prices there to rally and the Canadian market has followed […] Read more
U.S. hogs hit fresh low as supplies increase
U.S. hog futures on Wednesday sank to their lowest level in one and a half years on the spot-month continuous chart amid worries increased hog numbers would continue to pressure cash hog and wholesale pork prices, analysts and traders said. Live cattle futures ended mostly weak but feeder cattle closed higher. Chicago Mercantile Exchange (CME) […] Read more
Canada’s cattle herd decline slowing
The long decline of Canada’s cattle and calf herd slowed to its lowest year-over-year reduction in seven years, Statistics Canada data showed on Tuesday, but surging grain prices may renew the pressure that has hurt the profitability of ranchers. Farmers had 13.5 million cattle and calves on their farms as of July 1, the fewest […] Read more
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