Daily Network News

More News →

Beef cattle

File photo of the northern lights over snow and stubble on a Saskatchewan field. (Nancy Anderson/iStock/Getty Images)
General, Weather

Prairie Forecast: Warmer, colder… then snow?

Issued Oct. 18, covering Oct. 18-25

By
Reading Time: 4 minutes Not surprisingly for this time of the year, the last forecast didn’t play out exactly as expected, but overall, it was pretty darn close. The large area of high pressure that was forecasted to develop over the northern Prairies and slowly drop southward did just as forecast, but over the first few days the high […] Read more
(Dave Bedard photo)
Beef Cattle, Livestock

FCC to offer beef heifer replacement loans

Loan program for those wanting to build, maintain herds

By
Reading Time: < 1 minute Cattle producers wanting to expand or maintain herds — in a time of nationwide herd contraction — are the expected beneficiaries for a new loan program from Farm Credit Canada. FCC on Tuesday announced what it calls the Replacement Heifer Program, consisting of a loan with a maximum loan life of seven years and a […] Read more
CME December 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise on supply concerns

Chicago lean hogs slump

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Tuesday, amid ongoing concern over animal weights shrinking and a steady stream of heifers being sent to slaughter, traders said. Rising cash cattle prices also gave the beef market a boost on the day, traders said. The U.S. Department of Agriculture said meat processors […] Read more
CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog, cattle futures decline

Pigs seen bulking up on new-crop corn

By
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange livestock markets weakened on Monday, with lean hog futures nearing their lowest price in more than four months. Concerns about lacklustre demand for U.S. pork continued to hang over the market, analysts said. Seasonally, hog futures also tend to decline around this time of year as pigs fatten […] Read more
A tract of Amazon jungle burns as it is cleared by farmers at Rio Pardo in Brazil’s Rondonia state on Sept. 15, 2019. (File photo: Reuters/Ricardo Moraes)
General, Reuters, Weather

Brazil tells landowners to stop setting fires in Amazon ‘climate emergency’

Properties could be embargoed, agency says

By
Reading Time: 2 minutes Sao Paulo | Reuters — Brazil’s government told ranchers and farmers on Friday to stop setting fire to the Amazon rainforest as clouds of dense gray smoke make the air increasingly unbreathable in the northern city of Manaus, threatening sanctions if they do burn areas of land. “Fire is not natural in the Amazon, it […] Read more
CME December 2023 live cattle with 20- and 50-day moving averages and ICE December 2023 Brent crude (black line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle retreat as energy rally dents beef demand outlook

Lean hog futures mostly also lower

By
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday as traders banked profits and squared positions ahead of the weekend as geopolitical turmoil riled energy markets and stoked concerns about beef demand. Crude oil rallied more than five per cent on Friday on the escalating Middle East conflict as the Israeli military […] Read more
CME December 2023 live cattle with 30-, 40- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs rise on technical buying

USDA supply data seen as priced into market

By
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday as technical buyers stepped into the market after prices weakened earlier in the session. Traders said the massive supplies reported by the U.S. Agriculture Department have been priced in and speculators were likely to buy any dip in the market at current levels. […] Read more
Two pumpkins arrive for a weigh-off on Oct. 7, 2023 at Smoky Lake, Alta., about 115 km northeast of Edmonton, as part of the 33rd annual Great White North Smoky Lake Pumpkin Festival. Don Crews of Lloydminster secured his champion title with a 2,037.5-lb. pumpkin. (Photo: Artur Widak/NurPhoto via Reuters)
General, Weather

Prairie Forecast: Sprawling high to bring dry, seasonably warm weather

Issued Oct. 11, covering Oct. 11-17

By
Reading Time: 3 minutes For the first time in a while, the last forecast period did not play out exactly as the weather models predicted, thanks mostly to a strong area of low pressure that moved westwards from the Atlantic into central Ontario last weekend and into the first half of this week. While the low didn’t impact the […] Read more
File photo of a case of lumpy skin disease in Bangladesh. (Md Babul Hosen/iStock/Getty Images)
Beef Cattle, Dairy Cattle, Livestock, Reuters

Australia buys vaccines for lumpy skin disease to safeguard cattle exports

Recent scares halted some live export trade

By
Reading Time: 2 minutes Canberra | Reuters — The Australian government said on Wednesday it had bought a supply of vaccines for lumpy skin disease (LSD), a highly infectious condition affecting cattle, as part of efforts to control the disease and maintain live animal exports. The government says Australia is free of LSD but infection scares in recent months […] Read more
File photo of moose in a Saskatchewan field. (BobLoblaw/iStock/Getty Images)
Beef Cattle, Dairy Cattle, Livestock

Saskatchewan expands wildlife testing to include bovine TB

CFIA probe of cattle herd finds 10 infected so far

By
Reading Time: 3 minutes Recent confirmed cases of bovine tuberculosis (TB) in a Saskatchewan cattle herd have led the province to expand its annual wildlife monitoring program for chronic wasting disease (CWD) to also include TB. The province each year since 1997 has asked hunters to submit heads from harvested deer, moose and elk to test for CWD. It […] Read more

Latest Market News

More Market News →