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Beef is on display at a Walmart in Beijing on Sept. 23, 2019. (File photo: Reuters/Tingshu Wang)
Beef Cattle, Livestock, Markets, Reuters

China’s coronavirus testing chokes beef trade

Additional inspections, disinfections costly for importers

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Reading Time: 3 minutes Beijing | Reuters — In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. Fresh supplies of beef won’t arrive for days, a salesman at the Suning.com-owned Carrefour outlet told Reuters — […] Read more
File photo of a farmed mink. (Konstantin Sokolov/iStock/Getty Images)
Livestock

Canada’s mink farms brace for COVID

Producers have had time to increase biosecurity efforts at the farm level

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Reading Time: 2 minutes Canada’s 40 mink farms are operating under heightened biosecurity requirements after reports of COVID-19 jumping from humans to mink in Europe. Alan Herscovici, an industry spokesperson who operates the website Truthaboutfur.com, said early reports out of Denmark and other European countries gave Canadian producers some time to prepare. “These farms have always had a certain […] Read more
Program director Gillian Watt, sponsor Brian Garland and student Liam Dennison, winner of TRU’s 2020 award for ranch business.
Guide Business, Livestock

If you build it

Ranchers and businesses at Williams Lake get together to set up a college program that’s great for students, and for local industry too

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Reading Time: 6 minutes A decade ago, Brian Garland, owner of the Cariboo Auto Group in Williams Lake, B.C., was troubled. Around him were hundreds of ranches, many of them large, successful and thriving. Yet their families had nowhere local to go to study the profession and prepare to continue in their families’ footsteps. Garland’s own parents had met […] Read more
CME February 2021 live cattle (candlesticks) with 20-day moving average (black line) and CME January 2021 feeder cattle (red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle up on cash market optimism, beef demand

Hogs up ahead of USDA exports report

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Reading Time: < 1 minute Chicago | Reuters — Live cattle futures rose on Wednesday for a fourth straight session, climbing ahead of Thursday’s U.S. Thanksgiving holiday as strong packer margins fed expectations of improving cash cattle prices over the next few weeks, traders said. Chicago Mercantile Exchange February live cattle futures settled up 0.225 cent at 114.175 cents/lb. (all […] Read more
CME February 2021 live cattle (candlesticks) with 20-day moving average (pink line) and CME January 2021 feeder cattle (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures follow beef prices, Dow higher

Chicago lean hogs end mixed

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed higher on Tuesday for a third straight session, lifted by surging wholesale beef prices and optimism that coronavirus vaccines could trigger an economic recovery, bolstering demand for meat, traders said. Wall Street’s Dow Jones industrial average hit a record high above 30,000 on upbeat COVID-19 vaccine news, […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Feeder market incorporates risk discount

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm waned from Wednesday through Friday. […] Read more
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures up two per cent

U.S. feedlot data, beef prices supportive

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures closed higher on Monday, buoyed by Friday’s supportive monthly Cattle on Feed report, rising wholesale beef prices and strength on Wall Street tied to hopes for a COVID-19 vaccine, traders said. “All of the above (suggest) optimism for the meat market,” said Jason Roose, analyst and broker with […] Read more
Snow and ice cover in North America as of Nov. 22, 2020. (NOAA.gov)
Crops, Livestock, Weather

Most of Prairies already covered in snow

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Reading Time: < 1 minute MarketsFarm — Most of the Canadian Prairies were already blanked in snow by late November, with the deepest snowpack in Alberta and Saskatchewan, according to data compiled by Environment Canada and the U.S. National Oceanic and Atmospheric Administration (NOAA). Aside from the Rocky Mountains and some areas around the Great Lakes, the U.S. was largely […] Read more
(Innovafeed.com)
Livestock, Reuters

ADM, InnovaFeed to build world’s biggest insect protein plant in Illinois

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain trader and processor Archer Daniels Midland and French biotech company InnovaFeed announced plans on Thursday to build the world’s largest insect protein plant at Decatur, Illinois. The announcement comes amid rising global feed grain prices and tightening supplies, and as more companies work toward reducing the carbon footprint of […] Read more
(TysonFoods.com)
Hogs, Livestock, Reuters

Tyson suspends staff as suit alleges managers set up COVID pool

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Reading Time: 2 minutes Chicago | Reuters — Tyson Foods said Thursday it suspended employees without pay and hired former U.S. attorney general Eric Holder to conduct an investigation in response to a wrongful death lawsuit that alleges managers at an Iowa pork plant took bets on how many employees would catch COVID-19. The coronavirus pandemic has ravaged the […] Read more

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