Chicago Mercantile Exchange cattle and hog futures rose across the board on Friday with cattle continuing a run of record-setting prices.
U.S. livestock: Cattle futures continue to surge as U.S. cattle on feed inventory declines
Competitive retail prices bode well for chicken demand in 2025 says FCC
Demand projected to grow despite slowing or even shrinking Canadian population
If chicken’s retail price advantage over beef and pork persists, per capita consumption could rise in 2025 despite slowing population growth says a recent sector outlook from Farm Credit Canada.
U.S. livestock: Cattle continue upward march
Cattle at the Chicago Mercantile Exchange continued their upward march on Thursday after Wednesday’s jump, while lean hogs were mixed.
U.S. livestock: Cattle futures mixed, lean hogs dip
Chicago Mercantile Exchange cattle futures were mixed as trade resumed following the U.S. long weekend. Most active April live cattle futures closed with small losses, reaching 197.325 cents per pound, down 0.175 cents. February live cattle gained 0.300 cents to close at 197.050 cents per pound.
Employers of temporary foreign workers got more fines, bans in 2024
Employment and Social Development Canada handed out $2.1 million in financial penalties to employers of temporary foreign workers (TFWs) between April and September 2024. This was more than double the fines given in the same period of 2023, according to a federal news release.
U.S. livestock: Lean hogs continue losses; cattle futures mixed
Chicago Mercantile Exchange lean hog futures closed lower on Friday, continuing a streak of losses. Most active April lean hogs settled at 88.325 cents a pound, down 2.225 cents. February lean hogs closed at 81.123 cents a pound, down 1.175 cents.
U.S. livestock: Live cattle steady to lower; feeders, hogs climb
Live cattle futures were steady to lower on Tuesday, backing away from record highs as speculative profit-taking weighed on prices.
U.S. livestock: Live, feeder cattle dip; hogs rise
Chicago Mercantile Exchange live cattle and feeder cattle futures dipped on Monday after reaching record highs last week. Most active February live cattle closed at 197.400 cents per pound, down 1.375 cents from Friday. The second-most active April futures closed at 198.200, down 1.275 cents.
‘In-ovo sexed’ eggs to break into U.S. market
Technology will single out eggs with male chicks and address ethical concerns
American company NestFresh will begin marketing eggs from in-ovo sexed chickens next year, a feat it’s touting as a leap forward for animal welfare.
U.S. livestock: Cattle add to gains; exports up year-over-year in November
Chicago Mercantile Exchange cattle futures added small gains to contract highs, Friday. Most active February live cattle futures closed at 198.775 cents per pound, up 1.175 cents from Thursday. April live cattle were up 1.200 cents to 199.475 cents a pound.
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