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Livestock Livestock

(PorcOlymel.com)
Hogs, Livestock

Olymel pork plant workers take slaughter into OT

Over 800 volunteered for added shifts with charitable twist, packer says

By
Reading Time: 2 minutes Workers at three Olymel hog slaughter plants in Quebec volunteered for overtime shifts over the weekend to help clear the province’s backlog of market-weight hogs, the company said Saturday. Sollio’s meat packing arm said over 800 workers at its slaughter plants at Yamachiche and St-Esprit and the former F. Menard plant it now owns at […] Read more
Asian giant hornets have noticeably large orange heads and black eyes; worker hornets are about 3.5 cm in length; queens can be up to four to five cm in length, with a wingspan of four to seven cm. (B.C. Ministry of Agriculture)
Livestock, Reuters, Weather

More ‘murder hornets’ found in B.C., Washington

Findings suggest some were able to overwinter

By ,
Reading Time: 3 minutes Reuters/Staff — Officials in British Columbia and Washington state have confirmed new sightings of the Asian giant hornet, dubbed the “murder hornet,” indicating the invasive, predatory insect survived the winter in the Vancouver area and U.S. Pacific Northwest. The stinging hornet, whose queens can grow as large as 2-1/2 inches in length, could potentially pose […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures end lower ahead of weekend

CME lean hogs mostly up

By
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures retreated on Friday in a profit-taking and technical selling setback ahead of the weekend amid weakening beef prices and concerns about lower-than-normal summer demand as much of the economy remains partially closed. Lean hog futures clawed back earlier losses to end mostly higher as an early drop […] Read more
(ComfreyFarmPork.com)
Hogs, Livestock

HyLife buys pork packing, hog production capacity

Firm buys stake in U.S. packer, Manitoba hog farming business

By
Reading Time: 3 minutes Canadian hog production and pork processing firm HyLife has moved to expand its reach in North American pork packing as well as Manitoba hog farming. La Broquerie, Man.-based HyLife announced last week it has bought a 75 per cent stake in Taylor Corp.’s Prime Pork, a packing and processing operation at Windom, Minnesota, about 200 […] Read more
(TysonFoods.com)
Hogs, Livestock, Reuters

Tyson to shut Iowa pork plant against COVID-19 outbreak

Plant handles up to 3.5 per cent of U.S. pork output

By
Reading Time: 2 minutes Chicago | Reuters — Tyson Foods said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country’s food supply. Meat processors such as Tyson, WH Group’s Smithfield Foods and JBS USA temporarily closed about […] Read more
CME July 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs lower on China tensions

CME live cattle futures mostly higher

By
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures dropped by as much as the daily trading limit on Thursday on worries that rising tensions between Washington and Beijing could limit U.S. pork purchases by China, the world’s largest pork consumer. Sino-U.S. relations have worsened as the White House has threatened China with sanctions over its […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle markets reflect mixed tone

U.S. corn offered into southern Alberta

By
Reading Time: 2 minutes Compared to the previous week, western Canadian yearling prices were $2-$4 higher on average while calves traded unchanged to as much as $8 lower. Larger feedlot operations were actively bidding for 800-plus-lb. feeders across the Prairies due to the limited supply. Lower volumes were available this past week which was supportive for the market. Southern […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle rise on economic optimism, discount to cash prices

U.S.-China tensions keep hogs in check

By
Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures rallied for a second straight day on Wednesday as easing coronavirus restrictions around the country bolstered optimism about the outlook for the economy and beef demand. U.S. stocks rose, with the S+P 500 closing above 3,000 for the first time since March 5, as further easing of lockdowns […] Read more
CME August 2020 feeder cattle with 10-, 20- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures follow equities higher

August feeder cattle close limit-up

By
Reading Time: < 1 minute Chicago | Reuters — U.S. cattle and hog futures rallied on Tuesday in tandem with rising stock markets as optimism about developing coronavirus vaccines and the revival of business activity buoyed livestock markets battered by the coronavirus pandemic. Supportive cattle and meat supply data from the U.S. Department of Agriculture late last week showing accelerated […] Read more

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