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(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
(Alltech.com)
Livestock

Alltech to buy up Canadian feed firm Masterfeeds

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Reading Time: 2 minutes Animal nutrition firm Alltech is set to make itself one of Canada’s top animal food and livestock feed players, with a deal in hand to buy the stake in Masterfeeds it doesn’t already own. Alltech, a Lexington, Kentucky-based international firm in aggressive acquisition mode, announced Tuesday it will buy all outstanding shares of Masterfeeds, Inc. […] Read more
Agri-Trend CEO Rob Saik. (Jennifer Paige photo)
Crops, Machinery, Weather

Trimble to buy consulting firm Agri-Trend

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Reading Time: 3 minutes GPS and precision farming firm Trimble is set to buy the Canadian operator of North America’s largest network of independent agricultural consultants. Publicly traded, U.S.-based Trimble, which specializes in GPS and other location services, including the collection and management of on-farm data and services for precision farming, announced Tuesday it will buy Red Deer-based, privately-held […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Technical trading, holiday fears sour hog, cattle futures

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Reading Time: 2 minutes Chicago | Reuters –– The Chicago Mercantile Exchange saw all of its live cattle and all but two feeder cattle futures contracts fall by the daily trading limit on Monday, pressured by technical selling and weakening wholesale beef prices, traders and industry analysts said. Meanwhile, CME lean hog contracts continued their slump on Monday, dropping […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Quality calves support feeder market

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Reading Time: 2 minutes They say a sudden windfall can provide a false expectation of future performance. This is definitely true of the cattle feeding business. Western Canadian feeder cattle prices continued on a mixed volatile tone over the past week, trading $10 lower to as much as $10 higher. Feedlot operators shrugged off the sharply lower live cattle […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower cash prices again send CME hogs to six-year low

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts drifted to a six-year low for a second straight day on Friday as plentiful seasonal supplies pulled prices for market-ready (cash) hogs lower, traders said. Spot December finished 0.4 cent/lb. lower at 55 cents, and February ended down 0.3 cent at 58.3 cents. Cash hog […] Read more
Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)
Dairy Cattle, Livestock, Markets, Reuters

TPP deal to pressure Canadian dairy farmers, Saputo says

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Reading Time: 2 minutes Reuters — Canadian farmers will get squeezed between new trade deals that allow more dairy imports to enter the country and slow-growing domestic consumption, Saputo’s CEO said on Thursday. The Trans-Pacific Partnership trade deal is expected to open access for New Zealand, the U.S. and other countries to 3.5 per cent of the Canadian market, […] Read more
A flowering tansy ragwort plant during August.
Crops, Livestock

Pest Patrol: How do I control tansy ragwort in my pasture?

#PestPatrol with Mike Cowbrough, OMAFRA

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Reading Time: 2 minutes By Kate Ayers University of Guelph, Ontario Agriculture College Tansy ragwort is a noxious weed most often found in pastures and hayfields. It is a biennial or short-lived perennial that reproduces through seeds and roots. Tansy is poisonous to livestock and can cause liver damage. Symptoms that may occur after plant consumption include: weakness, high […] Read more
Crops, Markets

Feed: Cheap Brazilian corn bound for U.S.

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Reading Time: < 1 minute CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Tuesday, Oct. 27. • CBOT corn futures were weaker on Tuesday, with the December contract quoted at US$3.8025 per bushel at midsession, as the advancing U.S. harvest weighed on values. • Sorghum production in Mexico “has been plagued […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs sag while digesting meat warnings

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, following last Friday’s cash prices that fell short of expectations and worries over potential consumer response to news about a possible tie to red meat and cancer risk, traders said. The World Health Organization (WHO) warned that eating processed meats can […] Read more

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