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CME April live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle climb ahead of USDA report

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Reading Time: < 1 minute Chicago | Reuters — CME Group live cattle futures gained on Thursday ahead of a closely watched monthly Cattle on Feed report, due out on Friday from the U.S. Agriculture Department. Traders anticipate the report will show fewer cattle heading into feedlots, as recent rallies in the grain market have increased feed costs. “The incentive, […] Read more
CME April 2021 lean hogs with 20- and 100-day moving averages plus CBOT May 2021 corn (yellow line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb on falling grain futures

April live cattle close lower

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Reading Time: 2 minutes Chicago | Reuters — CME Group lean hog futures climbed Wednesday, supported by lower feed grain futures and expectations the U.S. herd will shrink moving into the spring, traders said. CME’s most-active April lean hogs added 1.65 cents to close at 73.075 cents/lb., while the spot February contract strengthened 1.95 cents to end at 68.425 […] Read more
(Lovelyshot/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Ontario calls off final intake for beef set-aside

'Threshold not met' for further cattle intake

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Reading Time: < 1 minute Ontario has called off the last intake for its federal/provincial beef cattle set-aside program. The Beef Emergency Feed Maintenance Initiative, an AgriRecovery program launched after the temporary shutdown of Cargill’s beef slaughter plant at Guelph, was to have its “final potential intake week” opening Monday (Jan. 18), for cattle to be set aside starting Jan. […] Read more
(MartineDoucet/E+/Getty Images)
Dairy Cattle, Livestock

Dairy farmers must register to get further trade compensation payouts

Expect letters soon explaining process, AgMin says

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Reading Time: 2 minutes Dairy farmers wanting to get in on a three-year, $1.405 billion federal compensation program for market share lost to free trade deals must register for the program by March 31 in each of those years. Agriculture Minister Marie-Claude Bibeau on Tuesday laid out further specifics for the Dairy Direct Payment Program, which is set to […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures strengthen ahead of USDA report

CME lean hogs dip nearer cash index level

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Reading Time: < 1 minute Chicago | Reuters — CME Group live cattle futures gained on Tuesday as traders began positioning ahead of Friday’s monthly Cattle on Feed report from the U.S. Department of Agriculture, traders said. Feeder cattle futures also rose, supported by weaker feed grain futures. Lean hog futures declined after gaining on Friday as futures look to […] Read more
A horse on a property at Goulais River, north of Sault Ste. Marie, Ont. (Davidfillion/iStock/Getty Images)
Livestock

Ontario backs ‘horse experience’ businesses for horse upkeep

Trail ride operations, riding schools, others eligible

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Reading Time: 2 minutes Ontario horses whose jobs with riding schools, camps and trail rides were lost or cut back during the COVID-19 pandemic may be eligible for funding toward their upkeep. The province on Thursday announced a $3 million equine hardship program would launch starting Monday (Jan. 18) help “horse experience” businesses cover animal maintenance costs. The program […] Read more
File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Hogs, Livestock, Markets, Reuters

China’s 2020 pork output higher than expected

Reported slowing of ASF-induced decline beats expectations

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Reading Time: 2 minutes Beijing | Reuters — China’s pork output posted significant signals toward recovery last year after the sector was decimated by an incurable hog disease in 2019, official data showed Monday. China’s 2020 pork output fell 3.3 per cent from a year earlier, to 41.13 million tonnes, after plunging 21 per cent in 2019, the National […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Hogs, Livestock, Poultry/Eggs, Reuters

USDA unveils more COVID-19 aid, mostly for livestock farmers

Funds earmarked for farmers under contract

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture said on Friday it will pay an additional US$2.3 billion in COVID-19 aid to farmers, directing more money to livestock producers suffering from disruptions in slaughtering and restaurant demand for meat. The aid, which comes from money allocated to USDA from previous pandemic stimulus legislation, follows […] Read more

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