Reading Time: < 1 minute Chicago | Reuters — CME Group cattle futures rose for a third day in a row on Friday, with the front-month live cattle contract hitting a fresh 4-1/2-year high on strong cash markets and rising slaughter numbers. Hog futures were weaker on technical selling. CME’s most-active February live cattle contract gained 0.45 cent to 137.7 […] Read more
U.S. livestock: Cattle futures up for third straight day
December, February hogs lower
U.S. livestock: Cash, export markets lift CME live cattle
December hogs lower, February up
Reading Time: < 1 minute Chicago | Reuters — CME Group cattle futures rose on Thursday, with the front-month live cattle contract hitting its highest since June 2017 on support from strength in the cash markets. Rising overseas demand also lent support cattle futures after the U.S. Agriculture Department said that weekly beef export sales totaled 30,000 tonnes, the most […] Read more
U.S. livestock: CME lean hogs fall, live cattle firm
Reading Time: < 1 minute Chicago | Reuters — CME lean hog futures fell on Wednesday, hit by profit-taking after rallying in the previous session, traders said. Live cattle futures were firm but gains were kept in check as the market consolidated near the 4-1/2-year highs hit earlier in the week. CME December lean hogs fell 1.55 cents to 76.175 […] Read more
U.S. livestock: CME lean hogs up, cattle weak
Reading Time: < 1 minute Chicago | Reuters — CME Group lean hog futures rallied on Tuesday, supported by fund buying and expectations that supplies will begin to tighten in the coming weeks, traders said. Live cattle futures eased slightly for the second day in a row as the market waited for fresh bullish inputs before driving prices above the […] Read more
China proposes new rules to ease GMO approvals
Leadership seeks 'turnaround' in seed sector
Reading Time: 2 minutes Beijing | Reuters — China is planning changes to its seed regulations that will make it easier to approve genetically modified crops, a move seen as a critical step toward commercializing GM corn. The ministry of agriculture and rural affairs published a draft document late on Friday proposing a series of amendments to several different […] Read more
U.S. livestock: CME hog futures up on slaughter speed plan
December live cattle touch two-month high, end lower
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Wednesday after the U.S. Department of Agriculture (USDA) said it will allow nine pork processing plants to apply to operate faster line speeds under a pilot program. The announcement eased concerns that slower processing speeds had slowed meatpackers’ demand for pigs to slaughter, […] Read more
Pot company Hexo to shut production sites, cut jobs
Reading Time: < 1 minute Reuters — Pot producer Hexo Corp. said Tuesday it will close three production sites in Canada in early 2022, affecting 155 employees, as part of its integration plans following recent acquisitions. Gatineau, Que.-based Hexo said it will cease operations at its Kirkland Lake and Brantford facilities in Ontario at the end of January and at […] Read more
EU’s bird flu outbreaks reach Poland
Country's outbreaks hit farms totalling 650,000 birds
Reading Time: 2 minutes Paris | Reuters — Poland has reported several outbreaks of highly pathogenic H5N1 bird flu at poultry farms with flocks totalling nearly 650,000 birds, the World Organization for Animal Health (OIE) said on Monday. Poland is the European Union’s largest poultry producer. Five outbreaks, of which four were at fattening turkey farms and one at […] Read more
U.S. border reopens to Canadian land travelers
Travel business sees 'tremendous pent-up demand'
Reading Time: 3 minutes Toronto | Reuters — A steady stream of Canadian visitors, particularly retirees headed to U.S. sun spots, crossed the U.S. border by car on Monday for the first time in 20 months as Washington lifted travel restrictions. Traffic was heavy at times at some U.S. border posts such as Bluewater Bridge, Michigan near Sarnia, Ont., […] Read more
Britain, New Zealand strike free trade deal
Reading Time: 2 minutes London/Wellington | Reuters — Britain and New Zealand have reached agreement in principle on a free trade deal designed to reduce tariffs, improve services trade, and take London one step closer to membership in a broader trans-Pacific trade agreement. Prime ministers Boris Johnson and Jacinda Ardern sealed the deal in a Zoom call on Wednesday […] Read more