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(Canest-transit.ca)
Crops, Markets

Montreal longshore workers escalate strike

Strike to move from part-time to full-time on Monday

By
Reading Time: 3 minutes Exports of containerized crops and other goods and imports of ag inputs may stall as striking longshore workers at the Port of Montreal get set to level up from part-time to full-time work stoppage. The Syndicat des debardeurs du port de Montreal (CUPE Local 375) said Friday its members, who have been striking on weekends […] Read more
CME August 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures close narrowly mixed

CME hog futures climb

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed narrowly mixed on Friday, with nearby contracts pressured by lacklustre cash cattle trade and position-squaring ahead of a monthly government cattle report, analysts said. Chicago Mercantile Exchange June live cattle futures settled down 0.125 cent at 115.725 cents/lb. while the August contract ended up 0.125 cent […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures extend slide as corn prices charge higher

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed lower on Thursday for the 10th time in the last 11 sessions, pressured by fund-driven long liquidation and soaring corn prices that threaten cattle feeders’ profits, traders said. Chicago Mercantile Exchange June live cattle futures settled down 1.4 cents at 115.85 cents/lb. (all figures US$). CME August […] Read more
CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, red lines) and August 2021 feeder cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures sag on technical selling

Wholesale beef prices supportive

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed lower on Wednesday on lacklustre cash markets, soaring feed costs and technical selling, traders said. Chicago Mercantile Exchange June live cattle futures settled down 1.95 cents at 117.25 cents/lb., with chart-based selling accelerating as the contract fell below its 100-day moving average near 117.65 cents (all figures […] Read more
CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle bounce after eight-session skid

Lean hogs up on demand, cash prices

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday for the first time in nine sessions as brisk demand for beef and a rally in lean hog futures prompted a round of bargain-buying, traders said. Chicago Mercantile Exchange June live cattle settled up 0.6 cent at 119.2 cents/lb., and August feeder cattle […] Read more
CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures extend slide

CME lean hogs rebound

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Reading Time: < 1 minute Chicago | Reuters — CME Group live cattle futures fell on Monday, extending their slide to eight straight sessions on long liquidation and signs that surging wholesale beef prices may have reached a seasonal top, analysts said. Feeder cattle futures felt additional pressure from a jump in Chicago Board of Trade corn futures, a sign […] Read more
CME August 2021 feeder cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs down on demand concerns

'We got a little bit ahead of ourselves'

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Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures fell sharply for the second day in a row on Friday, with the most-active June contract sinking 2.9 per cent to its lowest since March 23. Cattle futures also were weaker, with the June live cattle contract notching its seventh straight losing session. The market was correcting […] Read more
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit-down on profit-taking

Cattle futures continue lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures sank by their daily exchange-imposed trading limit on Thursday as profit-taking overwhelmed the market following blistering rallies, analysts said. The setback is a turnaround from gains that have lifted profits for pig farmers after they struggled last year when the COVID-19 pandemic reduced restaurants’ demand for meat […] Read more
Jill and Vince Stevenson outside Ranch House Meat Company.
Beef Cattle, Guide Business

Raising the steaks for a hometown business

Can it really make sense for beef producers like Jill and Vince Stevenson to open their own retail shop in town?

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Reading Time: 8 minutes You might say that when Vince and Jill Stevenson decided it was time to steer their family’s southwestern Saskatchewan ranch in a new direction, they really went to town with the idea. The Stevensons are owners of Ranch House Meat Company, a built-from-scratch, 6,000-sq.-ft., full-service meat processing and retail store on Centre Street, Shaunavon, located […] Read more

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