Reading Time: < 1 minute Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.
Tyson Foods to close Kansas meat plant, cutting more than 800 jobs
U.S. livestock: Feeder cattle hit highest levels since July
Reading Time: 2 minutes Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.
Mexico hopes to quickly resolve New World Screwworm case halting cattle exports into US
Reading Time: < 1 minute Mexican President Claudia Sheinbaum said that Mexican and U.S. officials were in contact over a case of New World screwworm (NWS) detected late last week that caused the U.S. to halt imports of Mexican cattle.
Feed Grain Weekly: Corn prices drop, barley favoured
Reading Time: 2 minutes Despite United States corn futures declining as of late, barley is still the preferred feed grain at feedlots in southern Alberta, said a trader.
Klassen: Upward momentum continues for feeder cattle prices
Reading Time: 2 minutes For the week ending November 23, Western Canadian feeder cattle markets traded $3 to $6 higher with some quality heifer packages up as much as $10 compared to seven days earlier.
US suspends Mexican cattle imports after New World screwworm case
Reading Time: < 1 minute The United States has temporarily paused imports of Mexican cattle after a case of New World screwworm (NWS) was identified at the lakeside town of Catazaja in southern Chiapas state, the Mexican government said on Sunday.
U.S. livestock: CME cattle futures rise on cash trade, positioning ahead of USDA report
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday as cash market trading gathered steam at firm prices, according to analysts, and traders awaited the results of the U.S. Department of Agriculture’s Cattle on Feed report, which the agency released after the close. Feeder cattle gained for a sixth straight session and […] Read more
Feed Grain Weekly: Prices ‘percolating sideways’
Transportation issues push up barley prices
Reading Time: < 1 minute As winter conditions descended on Alberta, prices for feed grains bumped up a little, but were otherwise "percolating sideways," stated Jim Beusekom of Market Place Commodities in Lethbridge.
Klassen: Feeder market climbs another step
Reading Time: 2 minutes For the week ending November 16, Western Canadian calves over 650 pounds were up $3-$6/cwt compared to seven days earlier. Calves under 650 pounds traded $4/cwt to as much as $10/cwt higher.
McDonald’s to pay U.S. farmers for feed efficient Enogen corn use
The company is partnering with Syngenta to pay some farmers who use corn with the trait
Reading Time: 2 minutes A partnership between McDonald’s and Syngenta in the United States will pay beef producers to use Enogen corn, which will improve the feed efficiency of cattle and reduce greenhouse gas emissions.
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