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Livestock, Markets, Reuters

U.S. livestock: Hog futures fall after weak export sales report

By Mark Weinraub 1 day ago

Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures eased on Thursday, pressured by a bearish pork export sales report, traders said. Cattle contracts were mixed, with live cattle rising on technical buying while feeder cattle eased. The U.S. Agriculture Department on Thursday morning said that weekly export sales of pork came in at a four-week […] Read more

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Livestock, Markets, Reuters

U.S. livestock: Hog futures firm on cash market strength

By Mark Weinraub 3 days ago

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures Tuesday rose 3.6 per cent on Tuesday, supported by signs of strength in the cash market, traders said. USDA data showed that cash prices for hogs in Iowa and Minnesota have risen by more than $2 since last Wednesday, evidence that the market may have found its […] Read more

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Finishers, Livestock, Markets

Klassen: Feeder cattle edge higher on improving margins

By Jerry Klassen 4 days ago

Reading Time: 2 minutes Compared to last week, western Canadian yearlings were $2-$3 higher; calf prices were $2 to as much as $4 higher; calves under 600 lbs. were $4 to as much as $10 higher in some cases. February and April live cattle futures appear to be incorporating a risk premium due to the uncertainty in beef production […] Read more

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Dairy Cattle, Livestock

Gay Lea buys northern Ontario cheesemaker

By GFM Staff 4 days ago

Reading Time: 2 minutes Ontario’s first producer of verified-grass-fed butter and cheeses is set to become part of the province’s biggest dairy co-operative. Gay Lea Foods said Monday it has completed a deal to buy Thornloe Cheese from its current owner, Guelph-based dairy genetics firm EastGen, for an undisclosed sum. Thornloe Cheese on its website says the business takes […] Read more

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Livestock, Machinery

Ontario draws new legal lines against on-farm trespass

By GFM Staff 4 days ago

Reading Time: 2 minutes Ontario has introduced a legislative package setting up new legal boundaries around livestock in that province, whether on farms or in transit. The Security From Trespass and Protecting Food Safety Act, introduced Monday by Agriculture Minister Ernie Hardeman, is expected to “address the unique risks and challenges associated with trespass onto a farm or into […] Read more

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Livestock, Markets, Reuters

U.S. livestock: Hog futures drop on supply glut

By Mark Weinraub 4 days ago

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures fell 2.4 per cent on Monday, weighed down by bearish supply concerns, traders said. “The hog market boils down to more of the same. Big supplies, record supplies,” said Don Roose, president of Iowa-based U.S. Commodities “With these trade talks still iffy, where are the Chinese? They […] Read more

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Beef Cattle, Livestock, Markets

Ryding-Regency’s federal beef packing licenses cancelled

By GFM Staff 4 days ago

Reading Time: 3 minutes Citing “false or misleading information” given them during an E. coli probe, food safety officials have now permanently pulled the federal slaughter, processing and export licenses for Toronto’s Ryding-Regency Meat Packers and related companies. The cancellation, announced Monday, indefinitely prolongs what was already described as “critical processing capacity shortage” for the province’s cattle producers, leaving […] Read more

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Livestock, Markets, Reuters

U.S. livestock: CME lean hogs recover from two-month low

By Tom Polansek November 29, 2019

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures ended higher on Friday in a turnaround from a decline earlier in the session to their lowest price since early September. Prices bounced back as pork producers are hoping that China will ramp up buying from the U.S. as it grapples with a fatal pig disease, African […] Read more

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Hogs, Livestock

F. Menard’s pork industry assets cleared for sale

By Dave Bedard November 28, 2019

Reading Time: 2 minutes Antitrust regulators have cleared the path for La Coop federee to take up a significantly larger, vertically integrated share of its home province’s pork packing, feed milling and hog production sectors. The agribusiness co-operative announced Thursday its Olymel and Sollio Agriculture arms have “received the green light” from the federal Competition Bureau to buy the […] Read more

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Beef Cattle, Livestock, Markets, Reuters

EU lawmakers clear U.S. beef imports but fault U.S. tariffs

By philip-blenkinsop November 28, 2019

Reading Time: 2 minutes Brussels | Reuters — European Union lawmakers approved an increase in U.S. beef imports to the EU on Thursday, a move likely to ease transatlantic tensions. But they also criticized tariffs imposed by U.S. President Donald Trump on metal imports and a threat he has made to target EU cars and car parts. The European […] Read more

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