Beijing | Reuters — Chinese beef importers said Monday the suspension of exports by top supplier Brazil due to two cases of BSE has had no immediate market impact, with […] Read more
Beef cattle
China’s buyers expect Brazil’s beef back soon despite BSE cases
With farmers in need, the industry stepped up
Ontario companies and farmers have been eager to help with feed shortages
The plight of drought-stricken farmers in northwestern Ontario and the Prairies has had many Ontario farmers and businesses wondering how they can help. Those co-ordinating the efforts to move hay […] Read more
U.S. livestock: CME live cattle touch three-month lows
Demand from packers softening
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slid to three-month lows on Tuesday, as beef demand slows, leaving cattle producers with ample supply as packer demand softens, […] Read more
Klassen: Optimistic fed cattle outlook supports feeder market
Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in […] Read more
Hot U.S. beef market set to cool off
Analysts expect prices to decline but eventually level off at values higher than what were seen before the pandemic
Glacier FarmMedia – The American beef market is declining and likely to work lower after a spring of phenomenal demand, says an analyst. Rob Murphy, executive vice-president at J.S. Ferraro, […] Read more
U.S. livestock: CME live cattle lower as beef prices cool
Lean hogs close mostly lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday, on softening wholesale beef prices and a lack of supportive news, traders said. CME October live cattle […] Read more
Feed weekly outlook: Crop estimates show severity of drought
'Corn bandwagon' filling up
MarketsFarm — Preliminary crop yield estimates released by Statistics Canada on Monday outlined just how severely the drought in Western Canada cut into production. Mike Fleischhauer, general manager for Eagle […] Read more
U.S. livestock: CME live cattle end up off six-session skid
Hogs up but still rangebound
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher Wednesday on short-covering after a six-session decline and expectations of firming cash cattle prices, traders said. However, the […] Read more
Brazil’s ag ministry investigating suspected BSE case
Evidence suggests 'atypical' BSE, source says
Sao Paulo | Reuters — Brazil’s agriculture ministry said Wednesday it was investigating a suspected case of bovine spongiform encephalopathy (BSE) in the country, according to a statement. An industry […] Read more
Health Canada warns people not to take livestock dewormers
No evidence that drug is effective against COVID-19
“Concerning reports” of people in Canada seeking out veterinary-grade dewormers for personal use have led Health Canada to formally advise against doing so. News reports in Western Canada in the […] Read more