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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures drop on fund selling

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Reading Time: < 1 minute Chicago | Reuters – U.S. cattle futures fell on Tuesday, with traders noting pressure from fund selling. Hog futures were slightly firmer as investors squared positions ahead of a key government supply report. Chicago Mercantile Exchange (CME) February live cattle futures dropped 1.2 cents to settle at 113.45 cents per pound. The contract found support […] Read more
Beef cattle feeding in Ontario. (DebraLee Wiseberg/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Ontario’s beef set-aside AgriRecovery plan underway

Applications for first intake due Dec. 22

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Reading Time: 2 minutes A set-aside program has formally been launched to help Ontario’s 6,800-odd cattle producers maintain market-ready animals while Eastern Canada’s biggest beef slaughter plant remains closed. Federal and provincial officials on Monday announced applications are now open for the Canada-Ontario COVID-19 AgriRecovery Beef Emergency Feed Maintenance Initiative, with applications for the first intake period due by […] Read more
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures weaken on technical setback

Hog futures up ahead of USDA data

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Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures eased on Monday, setting back on some mild technical selling after three days of gains, while hog futures edged higher, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled 0.2 cent lower at 114.65 cents/lb. (all figures US$). The contract hit its highest since Nov. […] Read more
The U.S. National Wildlife Health Center’s map of CWD’s distribution in North America as of December 2020. (USGS.gov)
Livestock

Ontario to limit imports, transport of live elk, deer

Moves meant to keep out chronic wasting disease

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Reading Time: 2 minutes Moving live captive cervids such as elk, deer, moose and caribou into or within Ontario is set to be banned under new provincial regulations to keep out chronic wasting disease (CWD). The province said Thursday it has amended regulations under its Fish and Wildlife Conservation Act that will ban anyone from importing live, captive cervids […] Read more
CME February 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm as cash market rebound seen

Hog report expected to show smaller herd

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Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rose for the third day in a row on Friday, on expectations that the cash market would rebound from recent lows in the coming days. Traders also viewed a government report that showed cattle placements during November were down sharply from a year earlier as bullish. “The […] Read more
(CNW Group/Ultima Foods)
Dairy Cattle, Livestock

Lactalis to buy Agropur’s yogurt business

Deal to include two processing plants, major yogurt brands

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Reading Time: 2 minutes Canadian dairy co-operative Agropur has reached a deal to sell its yogurt processing business and plants to the Canadian arm of French dairy giant Groupe Lactalis. The deal, as announced Thursday, will include Agropur’s plants at Granby, Que. and Delta, B.C. plus the operations at a distribution centre it leases at Longueuil, Que. Financial terms […] Read more
CME February 2021 live cattle (candlesticks) with 100-day moving average (red line) and January 2021 feeder cattle (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm

Hogs weak despite big pork exports

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures rose to a two-week high on Thursday, their second straight day of gains, on technical buying, traders said. Hog futures were weaker despite signs of strong pork exports and firm demand from China. Chicago Mercantile Exchange (CME) February live cattle futures settled up 0.675 cent at 114.45 cents/lb. […] Read more
(Dave Bedard photo)
Beef Cattle, Livestock, Markets

Guelph beef plant idled against COVID-19 outbreak

Cattle set-aside plan en route, BFO says

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Reading Time: 3 minutes Agrifood giant Cargill is temporarily halting production at its beef processing plant at Guelph, Ont. in the wake of a significant COVID-19 outbreak among employees. The company announced it would “begin the process to temporarily idle” the Dunlop Drive plant effective Thursday (Dec. 17). “This was a difficult decision for our team who are operating […] Read more
(TysonFoods.com)
Hogs, Livestock, Reuters

Tyson fires seven managers after probe into COVID-19 wagering

Employees had been suspended following lawsuit

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Reading Time: < 1 minute Reuters — Tyson Foods said Wednesday it had fired seven managers at an Iowa pork plant after investigating allegations that they took bets on how many employees would catch COVID-19. The independent investigation, led by former U.S. Attorney General Eric Holder, came in response to a lawsuit filed by the son of a worker at […] Read more

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