Reading Time: 2 minutes Chicago | Reuters — Most Chicago Mercantile Exchange feeder cattle contracts closed down the maximum three-cents-per-pound daily price limit as live cattle contracts slid and corn prices climbed, traders said. Expensive feed could increase input costs for feedlot operators. “Today you’ve got the combination of lower cattle and higher corn in a thinly traded feeder […] Read more
U.S. livestock: CME feeder cattle plunge limit-down
CFIA reviewing reports of abuse at Alta. hog assembly yard
Reading Time: 3 minutes The Canadian Food Inspection Agency plans to review claims of abuse of hogs at an Alberta hog stockyard, as footage purported to show the alleged incidents makes its way toward network TV. The CTV program W5 is scheduled to air a segment Saturday night (Oct. 11) featuring hidden-camera footage supplied by the Canadian arm of […] Read more
U.S. livestock: CME live cattle end mostly lower as stocks slide
Reading Time: 2 minutes Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts slumped on Friday, pressured by triple-digit Wall Street losses and a firmer U.S. dollar, traders said. U.S. stocks fell on Friday, with the tech sector weighing the most after a chip maker warned of a major pullback in the industry. Continued broader market liquidation […] Read more
U.S. sees 2015 pork output topping beef for first time in 62 years
Reading Time: 2 minutes Chicago | Reuters — The U.S. government on Friday raised its pork production forecast for the calendar year ending September 2015 that shows pork surpassing beef for the first time since 1952, as hog farmers rapidly recover from a deadly pig virus. In the monthly World Agriculture Supply and Demand Estimates (WASDE), the U.S. Department […] Read more
Manitoba hog farm ‘not truly’ PED-infected
Reading Time: 2 minutes A hog nursery/finisher operation ruled to be Manitoba’s fifth case of porcine epidemic diarrhea (PED) is now proven to have been PED-negative all along. The province’s chief veterinary office (CVO) reported Thursday that the site has now been taken off the list of confirmed on-farm cases of PED in Manitoba. The unnamed farm in Manitoba’s […] Read more
U.S. livestock: CME live cattle fall from record high as stocks plunge
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, off an earlier record high, pressured by profit-taking following Wall Street’s tumble, traders said. U.S. stocks fell nearly two per cent on concerns over the pace of economic growth. Consumer caution about the economy could hurt demand for U.S. goods, including […] Read more
Feed ingredient unlikely to spread PED, experts say
Reading Time: 2 minutes Chicago/Paris | Reuters — The World Organization for Animal Health (OIE) said Wednesday an animal-feed supplement suspected of spreading a deadly pig virus is not likely to transmit the disease if manufacturers follow proper safety measures. Multiple studies suggest spray-dried porcine plasma, a supplement containing pigs’ blood that is fed to piglets, is not a […] Read more
U.S. livestock: Chicago live cattle again post record high
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures marked a record high for a second straight day on Wednesday in anticipation of firmer prices for slaughter cattle this week, traders said. October closed up 0.325 cent per pound at 166.1 cents, and December at 168.05 cents, up 0.2 cent (all figures US$). Investors […] Read more
Strong prices, low feed costs reviving pork industry
Reading Time: 2 minutes CNS Canada –– Recent strong prices, paired with low feed costs, are increasing profitability for Canadian hog farmers and helping to revive the pork industry. “We are seeing some of the idle barns that were taken out of production three years ago starting to come back into production,” said Brad Marceniuk, livestock economist with Saskatchewan’s […] Read more
U.S. livestock: Higher beef prices drive CME live cattle to new high
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures reached an all-time high on Tuesday, fuelled by short-covering as wholesale beef prices trended upward, traders said. October closed up 2.725 cents per pound to 165.775 cents, and December 1.55 cents higher at 167.85 cents (all figures US$). Tuesday morning’s choice wholesale beef price, or […] Read more
A message from April Stewart, Country Guide's Associate Editor
