Reading Time: < 1 minute As tariff issues continue to hover around the globe, there has been a sharp reduction in the number of cattle in Canadian feedlots, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. And that has reduced the demand for feed grains in Western Canada to a trickle.
Feed Grain Weekly: Tariff fears on cattle leads to weak demand
Expect slow spring, summer
U.S. livestock: Prices mixed amid upticks in futures and equities
Boxed beef prices either side of steady as well.
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were largely mixed on Tuesday, not quite able to fully join the upswing in the futures and equities markets. United States President Donald Trump is determined to add another 50 points to its tariffs on the country’s imports from China. Together with previous and current […] Read more
Klassen: Feeder market experiences volatility during U.S. tariff week
Reading Time: 2 minutes During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
U.S. livestock: Tariff machinations weigh on values
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were weaker on Monday, continuing the downtrend that started with United States reciprocal tariffs and China’s retaliatory measures.
U.S. livestock: Prices down as China strikes back
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange continued lower on Friday, as retaliatory trade action by China pressured the United States markets. China announced it will impose a 34 per cent levy on its imports from the U.S. beginning April 10.
U.S. FDA suspends program to improve bird flu testing due to staff cuts
Reading Time: 2 minutes The U.S. Food and Drug Administration is suspending efforts to improve its bird flu testing of milk, cheese and pet food due to massive staff cuts at the agency, according to an email seen by Reuters and a source familiar with the situation.
U.S. livestock: Tariffs pull down beef, pork
Export sales, monthly census reports issued
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, following the trend in most North American futures and stock markets. The downturn came after United States President Donald Trump announced his wide-ranging reciprocal tariffs on Wednesday. Meanwhile, the U.S. Department of Agriculture issued its export sales report for the week […] Read more
Bird Flu Update: Mass layoffs hit U.S. Food and Drug Administration
Reading Time: 2 minutes The reporting of avian influenza in the United States could become more difficult as a good many staff who were following the outbreak were fired by the Trump administration, according to the American Veterinary Medical Association.
U.S. livestock: Cattle prices climb higher, hog prices pull back
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were higher on Wednesday, a few hours before United States President Donald Trump unveiled his reciprocal tariff plan.
Strong year predicted for Canadian dairy products, meat processors expect squeeze
Reading Time: 2 minutes It's projected to be a strong year for dairy product makers, while meat product manufacturers' margins may be squeezed as rising prices fail to offset higher input costs, Farm Credit Canada (FCC) said in its new Food and Beverage Report.
Livestock