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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures retreat as interim China trade deal delayed

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Reading Time: 2 minutes Chicago | Reuters – U.S. lean hog futures retreated on Wednesday, surrendering nearly all of the prior session’s strong gains on worries about U.S. pork exports to China after a senior White House official said a “phase one” trade deal with the world’s top pork consumer could be delayed. The delay followed news that Canada […] Read more
Photo: Canada Beef Inc/Getty Images
Livestock, Reuters

China to resume imports of Canadian beef and pork

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Reading Time: 2 minutes Reuters – China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. “Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau tweeted. The Chinese embassy in […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs jump in short-covering, technical bounce

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Reading Time: 2 minutes Chicago | Reuters – U.S. lean hog futures rallied on Tuesday in a technical-buying and short-covering bounce from recent lows, underpinned by hopes for accelerated pork sales to China amid surging prices in the world’s largest pork-consuming country, analysts said. Pork prices have surged to record highs in China as African swine fever has decimated […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Livestock, Markets

Klassen: Steady demand seen for all feeder cattle

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Reading Time: 2 minutes Compared to last week, Western Canadian feeder cattle prices were relatively unchanged.  Yearlings supplies were limited in certain regions which caused buyers to shrug off fleshier characteristics in some cases; however, heavier yearlings over 950 pounds were somewhat softer. Finishing feedlots appeared to be more aggressive on heavier, vaccinated or pre-conditioned calves. Many auction barns […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle climb to new six-month peak on rising cash market

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Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures scaled a six-month high on Monday, propelled by firming cash cattle and beef prices and strong packer margins, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 0.550 cent at 120.075 cents per pound, its highest level since April 25. February futures gained 0.375 cent […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle set six-month high on fund buying, firm cash prices

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Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures shot to a six-month high on Friday and feeder cattle reached their highest prices since May on fund buying and strength in the cash market, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 2.3 cents at 119.525 cents per pound after reaching 119.7 cents, […] Read more
Photo: Canada Beef Inc.
Cereals, Livestock, Markets

Feed weekly outlook: Feed grain prices a mixed bag

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Reading Time: < 1 minute MarketsFarm – Feed grain prices reflected the mixed bag of harvest conditions across the Prairies, which produced feed grains of varying quality. In particular, for feed wheat that came off the fields dry and in good condition, prices were around C$5.50 per bushel. However, there’s about a 50-cent discount for tough feed wheat, and moisture […] Read more
WestGen’s board president Eric L. Iversen says giving back to their industry is an important duty any farmer may take on
Guide Business, Livestock

On board at WestGen

The unique co-op celebrates its 75th anniversary by focusing on its farm board’s “direct and protect” role

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Reading Time: 7 minutes WestGen began life in Surrey, B.C in September 1944 under the moniker of the Lower Fraser Valley Artificial Insemination Association, and in many ways it’s the same group that currently operates out of Abbotsford, B.C., despite a litany of name and location changes over the years. Over those years, too, the co-operative-minded group has become […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures retreat from multi-month highs

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Reading Time: 2 minutes Chicago | Reuters – U.S. cattle futures fell on Thursday in a turnaround from multi-month highs reached the previous session. Chicago Mercantile Exchange (CME) December live cattle ended 1.075 cents lower at 117.225 cents per pound after reaching 118.600 cents on Wednesday, its highest since April 25. CME most-active January feeder cattle futures slipped 0.125 […] Read more

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