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U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand
Livestock, Markets, Reuters, Weather

U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand

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Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle and lean hog futures on the Chicago Mercantile Exchange (CME) closed mostly lower on Tuesday as both markets were pressured by worries that wet weather around large parts of the country would disrupt demand for pork and beef. Above-normal rains are expected across much of the western and […] Read more
Wagyu beef on skewers at a Tokyo market. (Michal_Staniewski/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Japan now accepting Canadian OTM beef

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Reading Time: 2 minutes The last of Japan’s BSE-related restrictions on Canadian beef are lifted as of last Friday, with the Japanese government’s agreement to allow beef from Canadian cattle over 30 months of age (OTMs). Citing industry estimates, Agriculture and Agri-Food Canada said the added access announced Tuesday could mean an increase of up to 20 per cent […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market finds support

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded steady to $2 lower while calves traded $3 higher to as much as $8 lower. Adverse weather across much of the U.S. Midwest set a negative tone on both sides of the border. U.S. feeder cattle markets were down US$3-$6 from seven days earlier. Corn futures […] Read more
CME August 2019 live cattle with Bollinger bands (20,2) and 50-day moving average in purple. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle rise as Japan drops U.S. beef import curbs

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures on the Chicago Mercantile Exchange (CME) closed higher on Friday, buoyed by news that Japan will eliminate long-held restrictions on U.S. beef imports, traders said. The agreement reopens full beef trade after Japan in 2003 banned U.S. beef over concerns about bovine spongiform encephalopathy (BSE), which roiled […] Read more
Newfoundland and Labrador’s minister of fisheries and land resources, Gerry Byrne, is shown here at right with Western Agriculture Centre research manager Sabrina Ellsworth and the department’s “Agri-Truck” promotional vehicle at Pynn’s Brook in September 2018. (Gov.nl.ca)
Livestock

Newfoundland’s ag minister, critic returned in election

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Reading Time: 2 minutes The cabinet minister in charge of Newfoundland and Labrador’s Forestry and Agrifoods Agency held onto his seat in Thursday’s provincial election, as has his critic across the aisle. Gerry Byrne, the Liberal MHA for Corner Brook since 2015 and the province’s minister of fisheries and land resources since 2017, held his riding on Thursday against […] Read more

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