Daily Network News

More News →

Livestock Livestock

"You have to be tenacious, especially in agriculture,” says inventor Tim Nelson. And from the start you need to know this is a going to be a team project, not just you on your own.
Guide Business, Livestock

The agricultural market awaits

Got a great idea and want to bring it to the market? Here’s how veteran Tim Nelson launched Farm Health Guardian when he spotted a pressing need for faster, more advanced disease tracking in Canadian livestock operations

By
Reading Time: 6 minutes Getting an innovative agricultural product or service to market — and having it sell — is neither an easy nor an inexpensive way to make your mark, so Tim Nelson has some advice if you think you have hit on the next big thing. “Make sure it is of use and relevant to farmers,” says […] Read more
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle rally on fund-driven buying

CME lean hogs end narrowly mixed

By
Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rose two per cent on Tuesday, bouncing back from a sell-off a day earlier, lifted by speculative buying and broad strength in commodities as investors seek a hedge against inflation, analysts said. Chicago Mercantile Exchange (CME) February live cattle futures settled up 2.75 cents at 115.05 cents/lb. […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle prices digesting uncertainty

Defensive tone likely through January

By
Reading Time: 2 minutes The feeder cattle market was very quiet during the last week of December with auction barns in holiday mode. There were discussions regarding direct sales but no actual business was confirmed. The stakes are too high given the market uncertainty; a defensive tone will likely continue throughout January. Feed grains continue to percolate higher; the […] Read more
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle sag as Wall Street retreats, grain prices rise

Wholesale ham prices supportive for hogs

By
Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell more than two per cent on Monday, pressured by ample beef supplies and fund-driven selling as Wall Street equities declined, analysts said. Feeder cattle futures fell even harder, dropping by three per cent as U.S. corn futures rose to almost $5 a bushel for the first […] Read more
Photo: iStock/Getty Images
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures ease as corn prices soar, raising feed costs

By
Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures declined on Wednesday for a second session as surging corn prices signaled rising feed costs and pressured feeder cattle futures, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled down 0.125 cent at 114.450 cents per pound, while CME March feeder cattle tumbled 1.475 cents […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle futures retreat as Wall Street dips, feed costs rise

By
Reading Time: < 1 minute Chicago | Reuters – U.S. cattle futures retreated on Tuesday after hitting a near three-month high in the previous session as rising feed costs and a downturn in equities markets triggered selling. Cattle futures have firmed in recent days as hopes for an economic stimulus deal in Washington overshadowed worries about restaurant closures and travel […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Cow-Calf, Finishers, Livestock, Markets

Klassen: Lighter calves end year on positive tone

By
Reading Time: 2 minutes Compared to last week, Western Canadian feeder cattle prices were $2 lower to $3 higher depending on the region. Many auction markets were in holiday mode last week and thinner volumes made the market harder to define. Generally speaking, the market was supported by stronger deferred live cattle futures and a slightly weaker Canadian dollar; […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit six-week high; hog futures ease after rally

By
Reading Time: < 1 minute Chicago | Reuters – U.S. cattle futures rose for the sixth time in seven sessions on Thursday, hitting a six-week high on signs of strength in the cash market, traders said. Hog futures eased after four straight days of gains pushed the front-month contract to its highest in nearly two months on Wednesday. Volumes were […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures rise to highest since late October; cattle firms

By
Reading Time: < 1 minute Chicago | Reuters – U.S. hog futures rose to their highest in nearly two months on Wednesday, supported by a round of technical buying and tight pork supplies. After the market closed on Tuesday, the U.S. government released a report that showed that domestic frozen pork belly stocks as of Nov. 30 stood at 23.111 […] Read more
(File photo by Dave Bedard)
Livestock, Reuters

Cargill to reopen Guelph beef plant after coronavirus outbreak

By ,
Reading Time: < 1 minute Reuters – Cargill Inc plans to begin reopening its Guelph, Ont., beef processing plant next week on Dec. 29, days after it closed the facility due to an outbreak of COVID-19 infections among workers, the company said. Last week, Cargill voluntarily agreed to the temporarily closure as 82 workers tested positive for the virus and […] Read more

Latest Market News

More Market News →