Reading Time: < 1 minute Tyson Foods will close a beef plant in Lexington, Nebraska, with about 3,200 employees after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday.
Tyson Foods to close U.S. beef plant as cattle supplies dwindle
U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Friday, pressured by the removal of United States tariffs on Brazilian beef announced Thursday. The 40-per cent tariffs were removed by the White House to bring down beef prices and should result in Brazilian beef moving into the U.S. once again. Talk that the U.S. […] Read more
U.S. livestock: Cattle futures end lower
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Wednesday, as a lack of fresh news had some participants moving to the sidelines. The December live cattle contract lost 1.925 cents per pound at 225.275 cents. Feeder cattle were down 1.675 cents in the January contract at 327.475 cents per pound. The U.S. Department […] Read more
U.S. livestock: Cattle futures post limit-down losses
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were down by their daily limits on Wednesday, with speculative long liquidation a feature. The December live cattle contract lost 7.250 cents per pound at 220.525 cents. Feeder cattle were down 9.250 cents in the January contract at 319.975 cents per pound. U.S. Agriculture Secretary Brooke Rollins met […] Read more
U.S. livestock: Cattle futures plunge daily limits on beef price fears
Reading Time: < 1 minute Reuters — Most Chicago Mercantile Exchange live cattle and feeder cattle futures contracts fell their respective daily limits on Friday, as efforts by the U.S. to lower historically high beef prices appeared to spark a round of long liquidation by speculators, analysts said. CME benchmark December live cattle futures were down their daily maximum of […] Read more
Veterinary know-how on the farm
Basic veterinary knowledge could save you extra fees — and your animals. Here’s a refresher about the top common health concerns every farmer should be able to recognize
Reading Time: 6 minutes If you’re a livestock farmer, you’ve likely faced one of the most frustrating situations on the farm: a sick or distressed animal. You feel helpless, unsure of how to provide assistance or relief. According to Dr. Rob Swackhammer, veterinarian with Upper Grand Veterinary Services in Guelph, Ont., who specializes in large animal veterinary care, these […] Read more
U.S. livestock: Cattle futures mixed
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, after dropping sharply the previous session. The December live cattle contract was up by 1.350 cents per pound at 241.175 cents. However, more deferred months were lower. Feeder cattle saw a continuation of Wednesday’s selloff, with the November contract down 2.775 cents at 361.450 […] Read more
Trump quadrupling Argentina beef tariff rate quota to 80,000 tonnes
Reading Time: 2 minutes U.S. President Donald Trump’s administration is quadrupling the tariff rate quota on Argentinian beef to 80,000 tonnes to reduce prices and protect American farmers, a White House official said on Thursday.
U.S. livestock: Cattle futures drop on Trump call for lower prices
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange dropped sharply on Wednesday, reacting to comments from United States President Donald Trump calling on the cattle sector to lower prices. The December live cattle contract lost 5.600 cents per pound on Wednesday, at 239.825 cents. Feeder cattle were down their daily limit of 9.250 cents per pound […] Read more
Trump urges U.S. cattle ranchers to lower prices as he touts tariffs
Reading Time: 2 minutes U.S. President Donald Trump is calling on cattle ranchers to lower prices