Livestock
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and […] Read more
U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound
McDonald’s sues major beef producers in US price-fixing lawsuit
Reading Time: 2 minutes Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the fast food giant to pay artificially higher prices. McDonald’s said in a lawsuit filed on Friday in Brooklyn federal court that the meatpackers, also including Cargill […] Read more
U.S. livestock: Cattle futures rise on technical buying, economic news
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose and feeder cattle touched a two-month high on Friday on technical trading, with stronger-than-expected September jobs data indicating good consumer demand, analysts said. Hog futures touched their highest level in four months before retreating. Benchmark CME December live cattle futures LCZ24 settled up 0.600 cent at […] Read more
Two California dairy farm workers test positive for bird flu
Reading Time: 2 minutes Health officials in California are monitoring other exposed workers for symptoms on two dairy farms where two human cases of bird flu were confirmed on Thursday, the U.S. Centers for Disease Control and Prevention said.
U.S. livestock: CME cattle futures fall as U.S. port strike continues
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange livestock futures fell on technical trading as the session ended on Thursday, according to analysts, after trading both sides earlier in the day. Benchmark CME December live cattle futures LCZ24 settled down 1.300 cents at 186.400 cents per pound. CME November feeder cattle futures FCX24 ended down 0.425 cent at 248.125 cents […] Read more
Study indicates methane emissions from dairy farms higher than previously thought
Reading Time: 3 minutes To reach net zero by 2050, the UK must reduce greenhouse gas emissions from agriculture and methane emissions from farm livestock pose a thorny problem. Ruminants such as cattle and sheep emit methane from their digestive systems and their manure. Scientists are trying to find ways to reduce these methane emissions without wiping out large parts of […] Read more
Klassen: Western Canadian calf markets percolate higher
Reading Time: 2 minutes Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring. These are the main factors influencing the calf markets in Western Canada.
U.S. livestock: CME lean hog, live cattle futures end mostly lower
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mostly lower on Friday, pressured by government data showing the U.S. hog herd expended two per cent during the last quarter as well as worries about a potential strike at U.S. ports next week, analysts said. Some 45,000 union workers could walk off the […] Read more
U.S. farmers call for vaccine option to fight bird flu as wildfowl migration begins
Reading Time: 3 minutes U.S. farmers are increasing pressure to allow vaccinations for chickens, turkeys and cows to protect them from bird flu infections that have devastated flocks for three years,
China agriculture ministry to steady beef and dairy output, aid farmers
Reading Time: < 1 minute China's agriculture ministry said on Thursday it would stabilize beef and dairy production, shore up consumption and assist farmers as falling prices force small producers out of business.
A message from April Stewart, Country Guide's Associate Editor
