Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures gained strength on Tuesday on technical trading, analysts said, while lean hog futures rose for a second day as traders anticipated growing export demand.
U.S. livestock: Live cattle recovers on technical trading
Return of US drought delays cattle-herd rebuilding, hurting Tyson Foods
Reading Time: 2 minutes The return of drought in U.S. cattle-producing areas is delaying ranchers' plans to expand production after the nation's herd shrank to its smallest level in seven decades, farmers and analysts said.
Klassen: Strong demand continues to sustain feeder market
Reading Time: 2 minutes The weaker Canadian dollar has enhanced the feeding margin structure on incoming replacement calves and this translated into stronger values on premium genetic packages. Finishing feedlot operators in Alberta and Ontario were fairly aggressive in Manitoba and Saskatchewan markets.
US expands bird flu testing after finding symptom-free infections in people
Reading Time: 2 minutes Farm workers who have been exposed to animals with bird flu should be tested for the virus even if they do not have symptoms, the U.S. Centers for Disease Control and Prevention said on Thursday.
Argentine beef exports hit highest level in more than five decades
Reading Time: < 1 minute Argentina's beef exports during the first nine months of this year rose to their highest level in 57 years, as shipments of one of the South American country's best-known food staples grew among buyers in the United States and neighboring Chile.
Feed Grain Weekly: Barley preferred over corn at feedlots
Reading Time: < 1 minute Barley seems to be the preferred grain over corn at feedlots in the Lethbridge, Alta.-area during the week ended Nov. 7, 2024.
UK confirms bird flu cases at commercial poultry farm
Reading Time: < 1 minute The UK government said on Tuesday that cases of bird flu had been confirmed in commercial poultry at premises in Yorkshire, hours after it increased the risk level of the disease from medium to high.
Pork representatives meet with parliamentarians
Reading Time: < 1 minute Representatives from the Canadian Meat Council and the Canadian Pork Council met with parliamentarians as well as government and industry officials in Ottawa earlier this week.
Klassen: Feeder market holds at higher levels
Reading Time: 2 minutes For the week ending November 2, Western Canadian yearling and calf markets were relatively unchanged from seven days earlier. Strong demand continues to support the feeder complex at historical high prices.
U.S. livestock: Hog futures hit contract highs as strong demand fuels rally
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set new contract highs on Friday as strong domestic and export demand, particularly for U.S. pork bellies and ham, drove the market upward, analysts said. Live cattle futures touched a one-month low, while feeder cattle recovered after reaching the lowest price in more than five […] Read more
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