Reading Time: 2 minutes Glacier FarmMedia – A Canadian agricultural tech startup hopes its product will raise the bar for feed monitoring systems in hog barns. “Our sensor goes right on the feed line within the barns, as opposed to general load cells, which go on the bins, or laser systems that are at the top of the bin […] Read more
Company targets precision feeding in hog barns
Funding heats things up for Manitoba ag-tech startup
U.S. livestock: CME lean hog futures reach one-week high
For beef processors, margins are worsening
Chicago | Reuters – Chicago Mercantile Exchange livestock futures rose on Friday, with the hog market reaching its highest price in a week as profit margins improved for pork processors. The hog market has turned higher after dropping to a one-week low on Wednesday. Most-active October lean hog futures LHV3 ended up 1.775 cents to […] Read more
U.S. livestock: feeder cattle futures gain boost from corn market weakness
Meat packers continued to see profit margins stay in the red
Meat packers continued to see profit margins stay in the red
U.S. livestock: live cattle futures end mixed; feeders pressured as corn soars
Persistent poor pasture conditions pushing producers to place more cattle in feedlots: analysts
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group closed mixed on Monday, with nearby contracts pressured by surging feed grain prices and bearish data in Friday’s monthly U.S. Cattle on Feed report. CME August live cattle futures LCQ3 settled down 1.275 cents at 178.750 cents per pound and most-active October LCV3 […] Read more
Vietnam approves commercial use of first African swine fever vaccines
U.S. Agriculture Secretary says farmers may purchase as precaution despite no domestic cases
Hanoi | Reuters – Vietnam has approved the domestic commercial use of two home-grown vaccines against African swine fever, the government said on Monday, making them the world’s first commercial vaccines against the deadly disease. The vaccines include NAVET-ASFVAC, co-developed by Navetco Central Veterinary Medicine and scientists from the United States, and AVAC ASF LIVE […] Read more
U.S. Livestock: cattle futures fall, supplies remain tight
USDA says farmers raising the fewest number of beef cows since 1971
Chicago | Reuters – Chicago Mercantile Exchange Group live cattle futures weakened on Friday but remained near all-time highs hit a day earlier as traders squared positions ahead of key government supply reports. Traders said that the market faced pressure from profit-taking but weakness in the corn market helped limit the decline. August live cattle futures […] Read more
Rain in China’s northeast brings relief for corn, drought risk remains
An oversupply of hogs, weak demand are pressuring pork prices
Beijing | Reuters – Recent rainfall in China’s northeastern breadbasket has relieved drought across most of the region, an agriculture ministry official said Friday, but risks remain with the El Nino weather pattern potentially bringing more extreme weather this summer. China is the world’s second-biggest corn producer and about 40 per cent of its crop […] Read more
U.S. Livestock: cattle futures fall after hitting record high
Export sales of beef rose to 20,900 metric tons in the week ended July 13: USDA
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose to all-time highs on Thursday, with signs of strong export demand and good sales on the cash market supporting prices, traders said. But cattle prices closed lower on a round of profit-taking as traders took money off the table ahead of key government supply reports […] Read more
Activists target Ontario hog farm with ransomware
'We are dealing with adversaries whose motivation is not money'
A ransomware on a small Ontario hog business is something a cybersecurity expert says needs more attention from the agriculture industry. Instead of cash, the attackers demanded the hog business owners publicly admit to what they alleged to be livestock mistreatment. The occurrence was unique and alarming, says Ali Dehghantanha, Canada research chair in cybersecurity […] Read more
U.S. livestock: CME live cattle firm; remain near recent highs
A lack of fresh fundamental inputs limited the gains
Chicago | Reuters – Chicago Mercantile Exchange live cattle edged higher on Wednesday, with tight U.S. supplies keeping prices near contract highs. A lack of fresh fundamental inputs limited the gains. August live cattle futures LCQ3 settled up 0.05 cent at 181.325 cents per pound, ending just below the contract high of 181.875 cents it set […] Read more