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Beef cattle


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market banks on fed cattle recovery

By Jerry Klassen May 12, 2020
Compared to last week, western Canadian yearling prices were $4 higher to $4 lower, with the exception of southern Alberta where quality packages were unchanged to $6 higher. Calves and […] Read more

Federal deputy agriculture minister Chris Forbes was one of the witnesses to appear via video conferencing at the Commons agriculture committee’s online meeting May 5. (Parl.gc.ca)
Livestock, Markets

Opposition MPs critique government’s COVID-19 response for ag sector

Pandemic puts ag committee meeting online

By D.C. Fraser May 12, 2020
Ottawa — Opposition MPs used the first meeting of the Commons standing committee on agriculture and agri-food since the start of the COVID-19 pandemic to critique the federal Liberals’ $252 […] Read more

CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures lower on profit-taking

August, October cattle limit down; June hogs also down

By Julie Ingwersen May 12, 2020
Chicago | Reuters — U.S. live cattle futures closed lower on Monday, with some contract months falling their daily three-cent limit on profit-taking amid signs the U.S. meat-packing sector was […] Read more

(Jiraroj Praditcharoenkul/iStock/Getty Images)
Machinery, Markets

Agri-food tech expected to be a post-pandemic growth industry

Ag, food sectors may seek out more e-commerce, labour-saving tools

By D.C. Fraser May 11, 2020
Ottawa — A researcher at the University of Guelph says the COVID-19 pandemic will spark agility – particularly related to technology – in agriculture. “(The pandemic) has re-emphasized the need […] Read more

[Dave Bedard file photo]
Livestock

Cargill to shut Montreal-area meat plant temporarily

Company says 64 workers tested positive for COVID-19

By Reuters May 11, 2020
Ottawa | Reuters — The Canadian arm of U.S. agribusiness Cargill said Sunday it would soon temporarily shut a Montreal-area case-ready meat plant after 64 workers tested positive for COVID-19. […] Read more


CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Cash cattle, futures up on beef packer scrutiny

Profit-taking continues to drag on lean hogs

By Tom Polansek May 9, 2020
Chicago | Reuters — U.S. live cattle futures rose on Friday along with cash prices as the federal government probed the beef market. The price of cattle in the cash […] Read more

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: June cattle limit up on surging beef prices, meat shortages

Lean hogs down on profit-taking

By Karl Plume May 8, 2020
Chicago | Reuters — U.S. live cattle futures surged by their daily trading limits for a second straight session on Thursday on soaring beef prices and concerns about meat shortages […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Trump asks U.S. Justice Department to look into meat price disparities

By Reuters May 7, 2020
Washington | Reuters — U.S. President Donald Trump said on Wednesday he had urged the Justice Department to look into allegations that the meatpacking industry broke antitrust law because the […] Read more


(Photo courtesy Canada Beef Inc.)
Markets

COVID-19 aid ‘falls short,’ farm groups warn

Aid package includes AgriRecovery for cattle, hog sectors

By D.C. Fraser May 7, 2020
Ottawa — Despite Prime Minister Justin Trudeau saying more money will be provided if needed, the agriculture sector continues to criticize Ottawa’s $252 million in COVID-19-related financial aid offered to […] Read more

CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Futures surge on technical buying as plants reopen

CME cattle futures close limit up

By P.J. Huffstutter May 6, 2020
Chicago | Reuters — U.S. cattle and hog futures rose on Wednesday amid a flurry of technical buying — with some live and feeder cattle futures surging to daily trading […] Read more

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