Daily Network News

More News →

Livestock Livestock

(Sollio Co-operative Group video screengrab via YouTube)
Hogs, Livestock, Markets

Olymel, Quebec workers reach deal in principle

Agreement may end months-long strike at hog plant

By
Reading Time: 2 minutes The union for workers at a major pork slaughter and packing plant in Quebec’s Beauce region says it has a deal that may end a strike which has backed up hogs on farms in the province since late April. The Syndicat des travailleurs d’Olymel Vallee-Jonction (STOVJ) — which represents over 1,000 employees at Olymel’s Vallee-Jonction […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle end mostly lower; hog futures narrowly mixed

By
Reading Time: < 1 minute Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed mostly lower on Friday on technical selling and lackluster cash cattle trade this week, traders said. CME benchmark October live cattle settled down 0.375 cent at 128.125 cents per pound, and September feeder cattle futures ended down 0.475 cent at 163.075 cents […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise after U.S. cuts beef production forecasts

By
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Thursday as the U.S. Department of Agriculture reduced its forecasts for domestic beef production. The agency, in a monthly report, trimmed its estimate for 2021 U.S. beef production by 0.1 percent from July to 26.965 billion pounds due to lighter expected carcass weights. The production forecast […] Read more
(Darcy Maulsby/iStock/Getty Images)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs end mostly higher on bargain buying, cattle drift lower

By
Reading Time: 2 minutes Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange closed mostly higher on Wednesday as bargain-buying and firmer wholesale pork prices helped the benchmark October contract rebound from a one-month low set a day earlier. CME October lean hogs settled up 1.975 cents at 85.850 cents per pound and December hogs rose […] Read more
Photo: Thinkstock
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise as beef prices climb; hogs end lower

By
Reading Time: 2 minutes Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, lifted by surging beef prices and rising packer margins that fueled expectations of firmer cash cattle prices this week, traders said. CME October live cattle settled up 0.650 cent at 128.125 cents per pound, while September feeder cattle futures […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Yearlings hold value while calves remain under pressure

By
Reading Time: 2 minutes Compared to last week, Western Canadian yearling prices were relatively unchanged while calves were once again $2 to $4 lower. Featherlight bawlers were down $4 to as much as $8 from week-ago levels. The tight feed grain supply situation continues to set the price structure for feeder cattle. Yearlings straight off grass held a slight […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hog futures tumble on uncertain pork demand

By
Reading Time: 2 minutes Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange fell sharply on Monday, with the benchmark October contract down its daily limit on worries about a seasonal increase in hog supplies and uncertain demand for U.S. pork, analysts said. CME October hog futures settled down 3 cents at 84.600 cents per pound, […] Read more
Photo: File
Beef Cattle, Cereals, Markets

Feed weekly outlook: DDGs becoming another feed option

By
Reading Time: 2 minutes MarketsFarm – As traditional feed grains such as barley and wheat become more expensive due to persistent drought-like conditions in the Prairies, many feedlots are using alternative sources of feed for their animals. Dried distillers grains with solubles (DDGs), the grain by-products which remain after starch has been fermented through the making of alcohol or […] Read more
Photo: Thinkstock
Poultry/Eggs, Reuters

Cargill, Continental Grain to buy chicken producer Sanderson Farms for $4.5 bln

By ,
Reading Time: 2 minutes Reuters – Commodities trader Cargill Inc and agricultural investor Continental Grain Co will buy chicken producer Sanderson Farms Inc for $4.53 billion, the companies said on Monday, at a time when meat prices have been soaring due to strong demand. The deal would see Sanderson Farms, the third-largest poultry producer in the United States, join […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle firms on improved cash, holiday demand

By
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by elevated cash cattle trade and stronger wholesale beef prices, analysts said. “I think it’s a combination of things, including packers trying to get beef into the pipeline before the Labor day features,” said Alan Brugler, president of Brugler Marketing. “Cash […] Read more

Latest Market News

More Market News →