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CME August 2019 hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs near limit up on renewed pork export hopes

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared by the daily limit and approached a one-month high on Wednesday on renewed hopes that China will increase pork imports to compensate for pigs killed in a widespread outbreak of a fatal swine disease. China’s agriculture ministry said a new outbreak of African swine […] Read more
(Dave Bedard photo)
Livestock, Reuters

U.S. to move BLM headquarters to Colorado

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Reading Time: 2 minutes Reuters — The U.S. Bureau of Land Management will move its headquarters to Colorado from Washington, officials said on Tuesday, sparking ire from conservationists who said the decision would weaken the agency dedicated to managing the country’s vast public lands. The Department of Interior, which oversees BLM, announced the move in letters to key congressional […] Read more
CME August 2019 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures weaken as beef prices decline

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures slumped on Tuesday as concerns about declining beef prices continued to hang over the markets. Decreasing beef prices have spurred expectations that meat packers such as Tyson and Cargill may be less aggressive when bidding to buy cattle, said Mike Sands, […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market experiences fortuitous bounce

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $2-$5 higher on average. Auction barns had limited numbers on offer but strong buying interest surfaced for quality packages. Alberta feedlots were the main buyers setting the price structure. There were two main factors enhancing demand this week. First, U.S. packers started to show some […] Read more
CME October 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle sag as traders eye lower boxed-beef prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended mostly lower on Monday as weak boxed beef prices fueled concerns about increasing supplies. Select-grade boxed beef was $189.21/cwt on Monday afternoon, down 2.7 per cent from a week ago, according to U.S. Department of Agriculture data issued after the close of trading […] Read more
File photo of cattle on pasture northeast of Calgary. (James_Gabbert/iStock/Getty Images)
Livestock, Pasture

Alberta to lengthen public leases for ‘exemplary’ ranching

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Reading Time: 2 minutes Ranchers who display “exemplary” stewardship as tenants on Alberta’s public lands could soon be eligible for double the term of the usual lease. The province announced Tuesday it expects the new policy to come into effect in late autumn this year and “in the coming months” will release new guidelines on what would be considered […] Read more
Cargill sells hog nutrition products in China under the Purina brand. (Video screengrab from Cargill.com via YouTube)
Hogs, Livestock, Reuters

Cargill shuts China feed mills as swine fever spreads

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Reading Time: 2 minutes Chicago | Reuters — Cargill shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a company executive said Friday. The closures highlight the pain for global agriculture companies from the outbreak of African swine fever in China, the world’s top hog producer and […] Read more
CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs book biggest one-week climb since April

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday and the most-active August contract recorded its biggest weekly gain since April, supported by expectations of thinning U.S. hog supplies, traders said. A glut of hogs has hung over the futures market for months, but traders see supplies starting to […] Read more
CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs end lower

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell about three per cent on Thursday on sluggish cash markets, traders said, retreating after a two-session surge that lifted the August contract to a near-three-week high a day earlier. CME August lean hogs settled down 2.55 cents at 79.175 cents/lb., one day after […] Read more
File photo of a Suffolk ewe infected with scrapie. (Jack Dykinga photo courtesy ARS/USDA)
Livestock, Sheep/Goats

Two Alberta sheep flocks quarantined for scrapie

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Reading Time: 2 minutes Two flocks of sheep in Alberta are under federal quarantine after a sheep that lived at both farms was confirmed June 21 with classical scrapie. A degenerative nervous system disease affecting sheep and goats, scrapie is one of the transmissible spongiform encephalopathy (TSE) family that includes Creutzfelt-Jakob disease in people, BSE in cattle and chronic […] Read more

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