Chicago | Reuters — U.S. live cattle futures firmed on Monday, with fund buying sparking the gains due to expected strength in the cash markets, traders said. “The trade continues […] Read more
U.S. livestock: Cattle futures extend winning streak
Big supplies hinder hog market
Loblaw beats profit estimates as online sales surge
Reuters — Loblaw beat quarterly revenue and profit estimates on Thursday, driven by a near-fourfold jump in online sales, as stay-at-home Canadians used the retailer’s pickup and delivery services to […] Read more
Feds proposing to expand wage subsidy program
Ottawa | Reuters — The Canadian government wants to expand an emergency wage subsidy program so that all businesses suffering losses from the COVID-19 outbreak will benefit, Finance Minister Bill […] Read more
Elanco Animal Health wins U.S. approval to buy Bayer unit
Elanco to shed cattle pour-on brand, others for approval
Washington | Reuters — Elanco Animal Health has won U.S. antitrust approval to buy Bayer’s animal health business on condition that it sell assets to treat three ailments, two in […] Read more
China reports lumpy skin disease outbreaks in cattle
Beijing | Reuters — China is facing outbreaks of a debilitating virus in cattle that causes a condition called lumpy skin disease, following an incident on a farm in the […] Read more
Elanco forgoes Canadian poultry insecticide rights for Bayer deal
Reuters — Elanco Animal Health has decided against acquiring Bayer’s Canadian distribution rights to several poultry insecticides, Canada’s Competition Bureau said on Tuesday, as it looks to complete a $7.6-billion […] Read more
Kazakhstan’s president says farmland won’t be sold to foreigners
Almaty | Reuters — Kazakhstan will permanently ban sales of agricultural land to foreigners, President Kassym-Jomart Tokayev said on Friday, ending a long-running discussion about controversial land reform plans. Provisions […] Read more
China’s slower meat imports seen worsening its protein shortage
Beijing | Reuters — China’s dwindling pace of meat imports, thanks to its tough measures against coronavirus contamination, will provide further support for prices already buoyed by a severe shortage […] Read more
U.S. forecaster says La Nina expected to develop in fall 2020
Reuters — A U.S. government weather forecaster on Thursday forecast the development of a La Nina pattern during the August-October season, which is expected to persist through the remainder of […] Read more
G4 swine flu virus not new, China says
Ag ministry says virus does not infect or sicken humans, animals easily
Shanghai/Beijing | Reuters — China’s ministry of agriculture and rural affairs said Saturday that the so-called “G4” strain of swine flu virus is not new and does not infect or […] Read more