Beef Cattle, Guide Business

The challenge for Canadian beef

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After a decade in agriculture, these new farmers weigh in

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East coast ag has plenty of room for more

Posted on March 31, 2020 by Ralph Pearce

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Livestock, Markets, Reuters

U.S. livestock: CME cattle futures end up on firm cash trade

Lean hog futures close mixed

By Julie Ingwersen 2 days ago

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed modestly higher on Friday, supported by strength in cash cattle markets this week, but uncertainty about beef demand in the coming months capped rallies, analysts said. Chicago Mercantile Exchange October live cattle futures settled up 0.575 cent at 107.35 cents/lb. and December rose 0.525 cent to […] Read more

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Livestock, Markets, Reuters

U.S. livestock: CME hogs up on another swine fever case in Germany

Cash cattle values firming

By P.J. Huffstutter 3 days ago

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures rose on Thursday as Germany confirmed one more case of African swine fever in a wild boar, fueling market hopes that China will boost U.S. pork imports. The new case follows six others confirmed in wild boars, not farm animals, in the past week. While no farm animals […] Read more

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Livestock, Markets, Reuters

U.S. livestock: CME hog futures fall as China’s hog herd rebounds

CME December live cattle rise

By P.J. Huffstutter 4 days ago

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures fell on Wednesday, as the futures market continues to cool in the wake of last week’s rally and on news that the size of China’s hog herd is quickly growing. Hog futures soared last week after Germany reported its first case of African swine fever (ASF) and China […] Read more

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Dairy Cattle, Livestock, Reuters

Kraft Heinz to sell several cheese businesses to Lactalis

Canadian grated cheese lines among assets going for US$3.2 billion

By Reuters 4 days ago

Reading Time: < 1 minute Chicago | Reuters — Kraft Heinz said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France’s Groupe Lactalis for US$3.2 billion. After weak sales results and several billion-dollar writedowns over the past two years, there has been market speculation about which categories Kraft Heinz will offload from […] Read more

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Livestock, Machinery, Reuters

U.S. to remove tariffs on Canadian aluminum

Ottawa drops threat of retaliation on stock trailers, fencing, other aluminum goods

By David Lawder, David Ljunggren 4 days ago

Reading Time: 2 minutes Washington/Ottawa | Reuters — The Trump administration said on Tuesday it will remove 10 per cent U.S. tariffs on raw Canadian aluminum as long as imports of the metal stay below levels that are expected to “normalize” over the next four months. In response, Canada dropped a threat to impose billions of dollars of retaliatory […] Read more

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Livestock, Markets, Reuters

U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

By P.J. Huffstutter 5 days ago

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were […] Read more

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Finishers, Livestock, Markets

Klassen: Yearling market holding value

By Jerry Klassen 6 days ago

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged while calves traded $3 higher to $3 lower on average. The yearling run is well underway and there was no shortage of buying interest. Finishing feedlots were very aggressive on quality packages coming fresh off grass. Once again, buyers focused on local cattle, causing […] Read more

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Beef Cattle, Livestock, Machinery

U.S.-bound truckload of Alberta beef disappears

Over $230,000 in JBS beef hasn't turned up, RCMP says

By Dave Bedard 6 days ago

Reading Time: 2 minutes A reefer truck loaded with over $230,000 in beef from the JBS plant at Brooks, Alta. is more than two weeks overdue and alleged to be travelling on “fraudulent documents,” RCMP say. Brooks RCMP said Monday they’re investigating after a transport truck that was subcontracted to haul a full load of beef from the JBS […] Read more

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Livestock, Markets, Reuters

U.S. livestock: CME lean hogs fall, cattle up on technical trading, profit-taking

Hogs 'stretched out technically last week'

By P.J. Huffstutter September 14, 2020

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures slid on Monday on technical selling and profit-taking, as the trade began to question whether Chinese demand for U.S. pork will boom after rival supplier Germany confirmed a single case of African swine fever in a wild boar. U.S. pork packer margins eased but still were solid, […] Read more

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Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb on bullish pork export prospects

Live cattle continue following hogs higher

By Julie Ingwersen, Tom Polansek September 11, 2020

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures closed higher on Friday for a second session on expectations of increased export demand for U.S. pork after rival supplier Germany confirmed a case of African swine fever in a wild boar. Chicago Mercantile Exchange (CME) October lean hog futures settled up 2.2 cents at 66.575 cents/lb. […] Read more

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