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Finishers, Livestock, Markets

Klassen: Feeder cattle market volatility continues

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded steady to $5 higher on average. For the second week in a row, the markets were quite variable across the Prairies but shorter-keep yearlings appeared to lead the charge higher. In Alberta, quality 900-lb. steers were once again touching the $190 level and 800-lb.-plus steers […] Read more
CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs mixed on trade detail uncertainty

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures slipped on Tuesday, as uncertainty about details from the U.S.-China “Phase 1” trade agreement continued to make the market nervous, brokers said. Meanwhile, Chicago Mercantile Exchange (CME) live and feeder cattle futures continued to consolidate after Friday’s big price rally in the wake of the trade agreement news. […] Read more
A rendition, by Genitique, of the planned biomethanization plant to be built at Warwick, about 65 km southeast of Trois-Rivieres. (Groupe CNW/Energir)
Dairy Cattle, Livestock, Machinery

Quebec ag co-op to power up on dairy cattle manure

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Reading Time: 2 minutes About a dozen Quebec dairy farms will be getting their collective manure together next year for the province’s first-ever ag co-operative devoted to renewable natural gas. Coop Agri-Energie Warwick, launched Monday, plans to start construction this spring on a $12 million biomethanization plant which will take in slurry and manure from dairy cattle mixed with […] Read more
CME February 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs relatively steady on trade deal hopes

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures remained relatively steady on Monday but funds continued to hold their long positions in anticipation of a surge of demand for U.S. meat after the U.S.-China “Phase 1” trade agreement is finalized, traders said. U.S. lean hog futures inched upward, rising for a third session on the same […] Read more
CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs, cattle climb on China trade news

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rose on Friday on hopes that a “phase one” trade agreement announced by Washington and Beijing would stimulate Chinese purchases of U.S. pork, but prices pared gains as traders struggled with uncertainty about the specifics. As part of the agreement, Beijing committed to buy an additional $32 […] Read more
(Dave Bedard photo)
Hogs, Livestock, Weather

Maple Leaf lands ‘sustainability-linked’ credit

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Reading Time: 2 minutes Canadian food processor Maple Leaf Foods is taking its recently-established sustainability cred to the bank. The Toronto food firm announced Wednesday it’s the first Canadian company to secure “sustainability-linked terms” for its credit facilities. Specifically, the company has picked up an unsecured committed revolving line of credit and two unsecured committed term facilities for a […] Read more
CME February lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs firm on fresh hopes for China trade pact

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed higher on Thursday on rekindled hopes for a U.S. trade deal with China, the world’s top pork consumer, traders said. Recent strength in cash hog markets added support, although prices in the closely watched Iowa and southern Minnesota market fell on Thursday afternoon after rising in […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Dairy Cattle, Livestock, Machinery

Cattle producers get longer phase-in on new transport regs

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Reading Time: 2 minutes New federal livestock transport regulations, due to come into force in February, will now roll out on a longer timeline for the beef and dairy cattle sectors. Federal Agriculture Minister Marie-Claude Bibeau has announced a “two-year transition period” for bovines, which is meant to provide “time to gather more data on effective solutions concerning the […] Read more

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