1.
Beef cattle
Klassen: Yearlings trade lower, calves ratchet higher
Compared to last week, western Canadian yearling prices were $4-$6 lower; mid-weight feeder cattle traded $2 higher to $4 lower. Lighter calves and grassers were quite variable. In Alberta, these […] Read more
U.S. livestock: Cattle, hogs slide after three days of gains
"The workers are spooked to come to work"
Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns […] Read more
Trudeau pledges $252 million in COVID-19 aid for farmers, processors
Dairy commission's credit line extended for storage program
Ottawa | Reuters — Canada will invest $252 million to help some of the country’s farming and food processing sectors weather the coronavirus outbreak, Prime Minister Justin Trudeau said Tuesday, […] Read more
Cargill’s High River plant reopens with two slaughter shifts
Cutting line to resume Wednesday
Cargill’s southern Alberta beef packing plant, estimated to be responsible for over a third of Canada’s beef processing capacity, restarted Monday after a two-week COVID-19-related shutdown — but at a […] Read more
U.S. livestock: Cattle, hog futures inch up as plants reopen
Rising wholesale prices support futures
Chicago | Reuters — U.S. lean hog and live cattle futures closed higher on Monday, as meat processing facilities began to open after closures of more than 20 plants due […] Read more
U.S. livestock: Cattle, hog futures climb with wholesale meat prices
About 20 North American meat plants offline
Chicago | Reuters — U.S. live cattle futures closed higher on Friday after touching a three-week top, buoyed by firm cash cattle values and surging wholesale beef prices as labor […] Read more
Farm groups look for funds to shore up COVID-19-created losses
Ontario and national groups are say the funds are needed to keep farms in business
The pressure is being ratcheted up on government by agriculture organizations for funds to make sure farm systems survive some of the shocks of COVID-19. The Canadian Federation of Agriculture […] Read more
CFA seeks $2.6 billion in support for producers
Federal officials sought specific numbers from ag industry
Ottawa — Canada’s agriculture industry is seeking an initial $2.6 billion in COVID-19-related emergency relief funding from the federal government. Canadian Federation of Agriculture (CFA) officials put in the ask […] Read more
As meat plant infections rise, Canada lets packers choose when to close
Beef plants at heart of Alberta's largest COVID-19 community outbreaks
Winnipeg | Reuters — In Cargill’s High River, Alta. plant, supplier of more than one-third of Canada’s beef, 391 workers were sick with COVID-19 when the company suspended operations, according […] Read more
U.S. livestock: Hogs climb on strong pork exports, wholesale prices
Packer margins, wholesale beef prices support live cattle futures
Chicago | Reuters — U.S. lean hog futures rose on Thursday as bullish weekly U.S. pork export data and rising wholesale prices overshadowed worries about a slowdown in the U.S. […] Read more