Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set new contract highs on Friday as strong domestic and export demand, particularly for U.S. pork bellies and ham, drove […] Read more
Beef cattle

U.S. livestock: Hog futures hit contract highs as strong demand fuels rally

U.S. livestock: Hog futures edge down on profit taking
Chicago Mercantile Exchange lean hog futures pulled back from contract highs on Thursday as traders booked profits ahead of the end of a month, traders said.

U.S. livestock: Hogs hit new contract highs on smaller than expected US slaughter
Chicago Mercantile Exchange lean hog futures hit contract highs for a third day in a row on Wednesday as U.S. supplies continued to be tighter than expected, analysts said.

Klassen: Western Canadian calf market surges
For the week ending 26, Western Canadian calf markets were up $8-$12/cwt on average compared to seven days earlier. Pee-wee calves were up $20-$25/cwt compared to the prior week. Finishing feedlot operators were active buyers in all weight categories while backgrounders were cleaning up on smaller packages of calves under 550 pounds.

South Bruce votes in favour of hosting a deep geological repository
By the slimmest of margins, South Bruce voted to move forward as a host for the Nuclear Waste Management Organization’s deep geological repository. Of the 4525 eligible voters, 69.3 per […] Read more

U.S. livestock: Cattle futures climb on fund buying, strong beef demand
Chicago Mercantile Exchange live and feeder cattle futures rose on Monday on fund buying and strong demand for beef, even as the red meat has become more expensive to consumers, said analysts.

Brazil fines meat packers $64 million for buying cattle from deforested Amazon land
Brazil's environmental protection agency IBAMA has imposed 365 million reais (C$88.9 million) in fines on cattle ranches and meat packers, including the world's largest JBS SA, for raising or buying cattle on illegally deforested land in the Amazon.

McDonald’s rules out beef patties as source of E. coli outbreak
McDonald's on Sunday ruled out beef patties as a source of the E. coli outbreak linked to Quarter Pounder hamburgers, which has killed at least one person and sickened nearly 75 others.

U.S. livestock: Cattle futures fall on positioning before USDA data release
Chicago Mercantile Exchange live cattle futures dipped slightly on Friday, while feeder cattle and lean hogs ticked up as traders squared positions prior to the release of the U.S. Department of Agriculture's Cattle on Feed report, after a choppy week of trading, analysts said.

U.S. farm bill, biofuels and vCOOL among American trends worth watching FCC says
Voluntary country of origin labelling (vCOOL) for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada (FCC).