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CME August 2021 feeder cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs down on demand concerns

'We got a little bit ahead of ourselves'

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Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures fell sharply for the second day in a row on Friday, with the most-active June contract sinking 2.9 per cent to its lowest since March 23. Cattle futures also were weaker, with the June live cattle contract notching its seventh straight losing session. The market was correcting […] Read more
(Assnat.qc.ca)
Livestock, Markets

Set-aside funded for Quebec hog, cattle, big game producers

Feds, province pledge $21.8 million AgriRecovery plan

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Reading Time: 2 minutes Farmers tending feeder hogs, fed cattle and big game animals such as elk, red deer, bison and wild boar in Quebec can expect $21.8 million in AgriRecovery to compensate for COVID-19’s drag on the province’s slaughter capacity. Federal Agriculture Minister Marie-Claude Bibeau and her Quebec counterpart Andre Lamontagne on Thursday announced their governments’ respective 60-40 […] Read more
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit-down on profit-taking

Cattle futures continue lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures sank by their daily exchange-imposed trading limit on Thursday as profit-taking overwhelmed the market following blistering rallies, analysts said. The setback is a turnaround from gains that have lifted profits for pig farmers after they struggled last year when the COVID-19 pandemic reduced restaurants’ demand for meat […] Read more
Jill and Vince Stevenson outside Ranch House Meat Company.
Beef Cattle, Guide Business

Raising the steaks for a hometown business

Can it really make sense for beef producers like Jill and Vince Stevenson to open their own retail shop in town?

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Reading Time: 8 minutes You might say that when Vince and Jill Stevenson decided it was time to steer their family’s southwestern Saskatchewan ranch in a new direction, they really went to town with the idea. The Stevensons are owners of Ranch House Meat Company, a built-from-scratch, 6,000-sq.-ft., full-service meat processing and retail store on Centre Street, Shaunavon, located […] Read more
(Saskatchewan Polytechnic video screengrab via YouTube)
Livestock

Saskatchewan to incentivize rural vet techs

Remote learning, loan forgiveness on offer

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Reading Time: 2 minutes Saskatchewan plans to clear a few new paths for veterinary technologists and veterinarians in training to take up work in underserved rural areas. The province on Tuesday announced the two-year registered veterinary technologist program at Saskatchewan Polytechnic will offer a distance delivery option, starting this fall, for vet techs to train in rural and remote […] Read more
A worker at Cargill’s London, Ont. chicken plant demonstrates the deboning process for a 2014 McDonald’s video on the meat used to make McNuggets. (McDonald’s Canada video screengrab via YouTube)
Livestock, Poultry/Eggs

Cargill shuts Ontario chicken plant against COVID

Other packers being sought to take birds

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Reading Time: 3 minutes Agrifood firm Cargill is seeking slaughter space for Ontario chickens at other processors after temporarily closing its London poultry packing plant Tuesday against an outbreak of COVID-19 among workers. The company said Tuesday it was “taking this step out of an abundance of caution as our local workforce deals with the community-wide impacts of COVID-19.” […] Read more
(Nadezhda_Nesterova/iStock/Getty Images)
Livestock, Poultry/Eggs

Compensation programs hatched for feather sectors

On-farm investment, market development plans on deck

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Reading Time: 4 minutes Long-awaited programs to make up for market share lost to imports under the Trans-Pacific Partnership trade pact are set to roll out to Canada’s chicken, egg and turkey farmers. Agriculture Minister Marie-Claude Bibeau and caucus colleagues on Tuesday announced the specific contents of her previously-pledged $691 million, 10-year compensation funding envelope: a Poultry and Egg […] Read more
File photo of Agropur’s fluid milk plant in Winnipeg. (Dave Bedard photo)
Dairy Cattle, Livestock

Agropur to shut Winnipeg fluid milk plant

Work to be consolidated in B.C., Alberta

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Reading Time: 2 minutes Dairy co-operative Agropur will consolidate its fluid milk production for Western Canada further west this fall, as it moves to shut its operation in Winnipeg. The Quebec-based co-operative announced Tuesday it will close its Winnipeg fluid milk plant effective Sept. 24 — affecting 48 jobs — and transfer that work to plants at Edmonton, Victoria […] Read more
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures edge higher after limit down move

CME cattle futures weak

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures firmed slightly on Tuesday after falling their daily trading limit in the previous session. Traders said the market had run out of steam after rallying to their highest since June 2014 last week. “There no doubt remains questions about the belly’s staying power at these levels […] Read more

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