Daily Network News

More News →

Livestock Livestock

CME February 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle pull back after Monday rally

By
Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures eased on Tuesday in a profit-taking setback from the prior session’s steep jump after weeks of rising cattle prices that have eroded beef packer margins. Live cattle futures were due for a pullback after scaling to an 8-1/2 month peak last week on strong beef demand and […] Read more
(Obhecc.com)
Livestock, Machinery, Poultry/Eggs

Ontario’s broiler egg tracking systems backed for upgrades

By
Reading Time: < 1 minute Systems used to track broiler hatching egg and chick production in Ontario will get upgrades using federal-provincial cost-shared funding. The federal and Ontario governments on Monday last week announced up to $141,450 through the Place to Grow: Agri-food Innovation Initiative, a Canadian Agricultural Partnership program, for the Ontario Broiler Hatching Egg and Chick Commission (OBHECC). […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock

Amended CUSMA pact includes anti-COOL clause

By
Reading Time: 2 minutes The new Canada-U.S.-Mexico Agreement (CUSMA), a free trade deal set to replace NAFTA, includes language meant to block any future bids at a trade-disrupting country-of-origin labeling (COOL) law. The new clause would, in theory, checkmate a move made last summer by some Democrat members of the U.S. House of Representatives to have a new North […] Read more
CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit down on profit-taking, Middle East tensions

By
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures tumbled by the daily trading limit to a three-week low on Friday as rising geopolitical tensions in the Middle East triggered profit-taking, analysts said. Losses hit markets after a U.S. air strike in Iraq killed Iran’s most prominent military commander, rattling traders of products from agricultural futures to […] Read more
CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures touch seven-week high

By
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures kicked off 2020 by approaching seven-week highs in gains driven by increasing expectations for bigger sales of American pork to China. China, the world’s largest pork consumer, needs larger imports to offset a domestic meat shortage caused by an outbreak of the fatal pig disease African swine fever. […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market remains firm

By
Reading Time: 2 minutes Feeder cattle markets experienced light volumes during the final week of December and prices were relatively unchanged compared to week-ago levels. Yearling values were slightly softer, as these cattle will not have enough time to be ready for the April fed market. Buying interest for mid-weight categories was characterized as sluggish, while light-weight bawlers were […] Read more

Latest Market News

More Market News →