With COVID-19 serving to “accelerate” changes in the industry, BMO Bank of Montreal says it has reset its farm banking work under the oversight of an expanded national agriculture and […] Read more
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Beef cattle
BMO regroups ag banking business
Ag-focused national banking team put in place
U.S. livestock: Hog futures mixed, cattle drop
Technical selling pulls cattle futures lower
Chicago | Reuters — U.S. hog futures were mixed on Monday, with the nearby contract rising on strong export demand while deferreds eased on signs that China was making progress […] Read more
Alberta gives oil and gas drillers municipal tax break
Reuters — Struggling oil and gas companies in Alberta will get a three-year break on municipal property taxes for land where they are drilling wells or building pipelines, the provincial […] Read more
U.S. livestock: Lean hog futures retreat from 11-month high
Cattle futures down on beef demand uncertainty
Chicago | Reuters — U.S. lean hog futures ended lower on Friday on profit-taking and disappointment over export demand, after prices climbed to the highest level in 11 months. Strong […] Read more
Manitoba cattle sector gets COVID-19 AgriRecovery
Program to help offset costs from 'extraordinary feed period'
Manitoba cattle producers whose usual markets for finished cattle were temporarily out of reach this spring and summer may now be able to offset some of the resulting extra feed […] Read more
Feed weekly outlook: Demand keeps Canadian barley well supported
MarketsFarm — Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. “Competition for […] Read more
U.S. livestock: Lean hog futures climb to more than 10-month high
Live cattle lower on new lockdown concerns for beef demand
Chicago | Reuters — U.S. lean hog futures on Thursday soared to their highest prices in more than 10 months, as meat demand continued to strain processor capacity and COVID-19 […] Read more
Meat plants consider automation
Tyson hires former Google research executive as president
Glacier FarmMedia – Hundreds of meat plant workers in North America fell ill with COVID-19 when the pandemic hit earlier this year. It caused many processors to temporarily close or […] Read more
U.S. livestock: Lean hogs up on lower-than-expected inventory
CME live cattle follow cash cattle lower
Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 […] Read more
JBS parent pleads guilty to U.S. foreign bribery charges
New York/Rio de Janeiro | Reuters — Brazil’s J+F Investimentos, parent company of the world’s largest meatpacker, JBS, pleaded guilty to U.S. foreign bribery charges and agreed to pay US$128.25 […] Read more