Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures traded on both sides of unchanged on Friday and finished the day mixed, underpinned by firm cash cattle prices but anchored by technical selling and seasonal pressure, analysts said.
U.S. livestock: Live cattle mixed as technical selling offsets lift from firm cash
South American farmers hail Mercosur-EU deal, wary of fine print
Reading Time: 2 minutes South America's agricultural sector, a key source of global food, celebrated on Friday as the regional Mercosur bloc and the European Union struck a free trade agreement, though farmers said they wanted to see the small print of the deal.
Challenge model a new way to fund, support innovation
Reading Time: 2 minutes Five Ontario companies are among 13 semi-finalists selected in the federal government's Agricultural Methane Reduction Challenge, which is seeking innovative ways to reduce methane emissions from dairy and beef cattle.
U.S. livestock: Cattle futures drop on profit taking, weaker beef values
Reading Time: 2 minutes Chicago Mercantile Exchange live and feeder cattle futures fell for a second consecutive day on Thursday, pressured by technical selling and profit taking following recent highs, and as wholesale beef prices fell, analysts said.
U.S. livestock: Cattle futures recoil from highs as packer losses deepen
Reading Time: < 1 minute Chicago Mercantile Exchange live and feeder cattle futures dropped on Wednesday in a technical and profit-taking retreat following recent strong gains and as beef packer margins fell deeper in the red, analysts said.
Agriculture groups praise CEPA trade deal with Indonesia
Reading Time: 2 minutes The Canadian Meat Council says a new trade agreement between Canada and Indonesia holds significant potential for meat exporters.
U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday […] Read more
Klassen: Canadian feeder market jumps on trade disruptions
Reading Time: 2 minutes For the week ending November 29, feeder cattle market reports from Manitoba had prices up $20-$40/cwt from week-ago levels. Prices in Saskatchewan and Alberta were up $10 to $20 on average. The market was hard to define this past week with a wide range prices across Western Canada for similar quality and weight cattle.
U.S. livestock: Feeder cattle drop on profit taking after 10-session rally
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures retreated in a profit-taking setback on Monday after a ten-session rally that took prices to five-month peaks, while live cattle futures followed feeders lower. Monday’s cattle declines came after managed funds had bolstered their long holdings in both markets over recent weeks, encouraged by tight […] Read more
Tyson Foods to close Kansas meat plant, cutting more than 800 jobs
Reading Time: < 1 minute Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.
A message from April Stewart, Country Guide's Associate Editor
