Reading Time: < 1 minute Saskatchewan meat company Drake Meats Processors Inc. will be building a new meat processing facility in Saskatoon that is expected to employ 200 local people once fully operational.
Drake Meats to build new facility
U.S. livestock: Chicago hogs, cattle mixed
Reading Time: < 1 minute Chicago cattle and lean hog futures ended mixed on Wednesday even as consumer demand remained strong ahead of Memorial Day.
Klassen: Buying interest for feeder cattle subsides
Reading Time: 2 minutes For the week ending May 16, Western Canadian feeder markets were steady to $6 higher on average compared to seven days earlier. Heifers were relatively unchanged but steers were notably stronger, especially on replacements over 800 pounds.
U.S. livestock: Cattle futures, beef boxes recover some losses
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Cattle contracts on the Chicago Mercantile Exchange made small gains on Friday, providing little relief at the end of a tough week. The August live cattle contract gained US$0.900 per hundredweight to close at US$206.750. Meanwhile, August feeder cattle saw an increase of US$1.775/cwt. to end the day at US$297.600. […] Read more
Bird flu in top chicken exporter Brazil triggers trade bans
Reading Time: 3 minutes Brazil, the world’s largest chicken exporter, confirmed its first outbreak of bird flu on a poultry farm on Friday, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers.
Feed Grain Weekly: Barley still in demand at feedlots
Barley prices to stay put for now: trader
Reading Time: < 1 minute Feed barley is still in demand at feedlots in Lethbridge, but prices will remain steady for the time being, according to a Saskatoon-area trader.
Anthrax found in Saskatchewan cattle
Lab results have confirmed that cattle in northwestern Saskatchewan died of anthrax.
Reading Time: 2 minutes Lab results have confirmed that cattle in northwestern Saskatchewan died of anthrax.
U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
Reading Time: < 1 minute U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
U.S. livestock: Cattle mixed, hogs make modest gains
Reading Time: < 1 minute Chicago cattle futures settled on either side of unchanged, Tuesday, after setting fresh highs on Monday. Lean hog contracts made modest gains.
Klassen: Feedlot operators become cautious on purchases
Reading Time: 2 minutes For the week ending May 10, Western Canadian feeder cattle markets traded steady to $5 higher on average. Quality packages of lighter calves were priced $10-$15 above week ago levels. Many auction barns are only holding sales every two or three weeks at this time of year with limited numbers on offer. This made the market hard to define in certain weight categories.
Livestock