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"If you find and hire the best people, you will be successful” says Funk. He was over 40 before he was able to fulfill his ambition and return to the farm, but hasn’t looked back since.
Beef Cattle, Guide Business

‘There’s no place like first place’ says billionaire cattleman

Just how differently do you have to think to succeed like Bob Funk?

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Reading Time: 9 minutes What does success mean to you? If you posed that question to billionaire cattleman Bob Funk — who grew up on a small, impoverished family farm and went on to earn fame and fortune — you might be surprised by his response. “Money is not my motivator and never will be,” Funk says. “Entrepreneurship is […] Read more
Wagyu beef on skewers at a Tokyo market. (Michal_Staniewski/iStock/Getty Images)
Beef Cattle, Livestock, Markets, Reuters

Japan deal levels field for U.S. beef, but sales surge unlikely

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Reading Time: 3 minutes Tokyo/Chicago | Reuters — U.S. beef exporters, unhappy after President Donald Trump pulled out of a multilateral trade pact in 2017, stand to sell more meat in Japan after the U.S. leader and Japanese Prime Minister Shinzo Abe cut a deal to slice into tariffs. But agriculture experts say that for now, that boost may […] Read more
CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall on big U.S. supply

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures retreated on Thursday under pressure from large supplies and as some traders were disappointed with the size of pork export sales confirmed to China, analysts said. The U.S. Department of Agriculture reported that the world’s biggest pork consumer and hog producer bought 3,375 tonnes of pork from Sept. […] Read more
U.S. President Donald Trump holds a bilateral meeting with Japan’s Prime Minister Shinzo Abe on the sidelines of the 74th session of the United Nations General Assembly in New York City on Sept. 25, 2019. (Photo: Reuters/Jonathan Ernst)
Livestock, Markets, Reuters

U.S., Japan sign limited trade deal

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Reading Time: 3 minutes New York | Reuters — U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe signed a limited trade deal on Wednesday that cuts tariffs on U.S. farm goods, Japanese machine tools and other products while further staving off the threat of higher U.S. car duties. Trump said the deal would open up Japanese markets […] Read more
CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle hit multi-week highs on flat to higher cash trade expectations

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures touched six-week highs and feeder cattle exceeded seven-week highs on Tuesday as traders projected cash prices will remain steady or rise, after strengthening last week. Feeder cattle are trading above where they were before a fire at a Tyson Foods slaughterhouse last month removed a key buyer […] Read more
CME October 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Finishers, Livestock, Markets

Klassen: Feeder cattle market remains volatile

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Reading Time: 2 minutes Western Canadian yearling markets appeared to stabilize after coming under pressure earlier in the month. Compared to last week, yearling prices were unchanged to $4 higher on average while calf markets traded $2-$3 on either side of unchanged. Major feedlots were more aggressive for 800-plus-lb. cattle as feed grain prices continue to grind lower. Favourable […] Read more
A macrophage (immune response) cell in early stages of infection with African swine fever virus, magnified about 1,000x. (Keith Weller photo courtesy ARS/USDA)
Hogs, Livestock, Reuters

South Korea confirms new cases of African swine fever

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Reading Time: < 1 minute Seoul | Reuters — South Korea has confirmed new cases of African swine fever at hog farms in cities near the capital Seoul after the country’s first outbreak of the deadly virus last week, the agriculture ministry said on Monday. The new case occurred at a pig farm with about 1,800 pigs in the city […] Read more
(MartineDoucet/E+/Getty Images)
Dairy Cattle, Livestock

Dairy payments to be based on quota at Aug. 31

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Reading Time: 3 minutes Canadian dairy farmers’ piece of the first year of a federal free trade compensation package is going to be based on quota they held at the end of last month. Agriculture and Agri-Food Canada on Sept. 6 announced more details for what’s been dubbed the Dairy Direct Payment Program, though a registration period hasn’t yet […] Read more

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