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Barley

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle tumble limit down

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished Monday’s session down by their three cents/lb. daily price limit after late Friday’s cash prices fell short of expectations, traders and analysts said. Spot December finished at 127.675 cents/lb., and February at 129.65 cents (all figures US$). Live cattle’s trading limit will be expanded […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feedlots curb buying interest

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Reading Time: 2 minutes Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian feeder cattle prices were under severe pressure, with 700-plus-pound cattle down $8-$12 from seven days earlier; calves under 700 lbs. traded $4-$8 below week-ago levels. […] Read more
Average Pacific Ocean sea surface temperature (SST) anomalies, in degrees Celsius, for the week centred on Nov. 4. (CPC.ncep.noaa.gov)
Beef Cattle, Crops, Reuters, Weather

El Nino strengthening, to be among biggest on record: WMO

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Reading Time: 2 minutes Geneva | Reuters — The El Nino weather pattern, a phenomenon associated with extreme droughts, storms and floods, is expected to strengthen before the end of the year and become one of the strongest on record, the United Nations’ weather agency said Monday. The World Meteorological Organization (WMO) said this El Nino was already “strong […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Heavy meat supplies sour CME cattle, hog futures

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange cattle futures fell sharply on Friday, rounding out the week on a sour note as traders sought cover amid a steep downturn in wholesale beef prices. CME live cattle and feeder cattle futures gave back much of the gains they had made in the past two sessions, after […] Read more
(Manitoba Co-operator file photo by Laura Rance)
Crops, Machinery, Weather

Warm Prairie soils delay fertilizing ban, winter weights

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Reading Time: < 1 minute Manitoba’s winter ban on nutrient application has been postponed, again, while Saskatchewan has postponed its move to winter weights on its highways, due to warmer-than-average soil temperatures. Manitoba’s water stewardship department announced Friday it will further extend its nutrient application window until midnight, Nov. 19. Variances to Manitoba’s winter fertilizing ban — which typically runs […] Read more
(Dave Bedard photo)
Beef Cattle, Crops, Markets, Reuters

Cargill said restructuring, cutting jobs

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Reading Time: 2 minutes London | Reuters –– Cargill Inc., one of the world’s largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said Friday, the latest casualty of a downturn in the farm economy. The 150-year-old company, a top commodities trader, is also closing offices, two of the […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs continue gains for second day

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Reading Time: 2 minutes Chicago | Reuters — Livestock futures traders continued to hunt for cover on their short positions Thursday, resulting in Chicago Mercantile Exchange cattle futures climbing a second day after prices slid to contract lows earlier this week. The Chicago Mercantile Exchange saw live cattle and feeder cattle futures on Wednesday bounce back strongly from contract […] Read more
(Syngenta.com)
Crops, Reuters

Syngenta reported rejecting ChemChina takeover offer

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Reading Time: < 1 minute Reuters — Syngenta has rejected ChemChina’s offer to buy the Swiss agricultural chemicals group, citing regulatory concerns, Bloomberg reported on Thursday. China National Chemical Corp., better known as ChemChina, offered about 449 Swiss francs (C$597) per share for Syngenta, valuing the Basel, Switzerland-based company at about 41.7 billion Swiss francs (C$55.4 billion), according to the […] Read more
(Harrisvaccines.com)
Hogs, Livestock, Reuters

Merck to buy Harrisvaccines to boost livestock portfolio

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Reading Time: < 1 minute Chicago | Reuters — Merck and Co.’s animal health unit will buy privately-held Harrisvaccines to expand its portfolio of animal vaccines as the U.S. livestock industry seeks new defenses against diseases, the companies said on Thursday. Financial details were not disclosed. The deal, which is expected to close by year-end, follows rival Zoetis’ agreement, announced […] Read more
(File photo)
Livestock

NDP’s deputy ag critic moves to first chair

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Reading Time: 2 minutes The federal New Democrats have promoted their deputy agriculture critic to the lead post in their new shadow cabinet. NDP leader Tom Mulcair on Thursday announced Ruth Ellen Brosseau, the MP for the central Quebec riding of Berthier–Maskinonge since 2011, as the party’s critic for agriculture and agri-food, replacing defeated Niagara-area MP Malcolm Allen. Brosseau, […] Read more

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