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Klassen: Strong demand underpins yearlings

Reading Time: 2 minutes Compared to last week, yearlings traded steady to $4 higher on average; calves traded $2-$4 lower, although light volumes made the market hard to define. All eyes were on feeder cattle futures, which closed up nearly $4 for the week. This set the direction in Western Canada. Auction barns in Manitoba and Saskatchewan remain in […] Read more

U.S. livestock: Cattle futures extend winning streak

Big supplies hinder hog market

Reading Time: < 1 minute 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 to feel that the cash market has bottomed,” said Don Roose of U.S. Commodities. “It continues to feel that the cash market will trade from […] Read more

Alberta loosens animal slaughter rules after pandemic hit packers

Reading Time: < 1 minute Reuters – Canada’s main cattle-producing province, Alberta, said on Wednesday it would allow the slaughter of animals on farms for meat sales to consumers, loosening regulations after the coronavirus pandemic interrupted production at its biggest packing plants. Alberta previously restricted the consumption of meat from animals slaughtered outside of government-inspected plants to farmers and their […] Read more

Klassen: Feeder cattle market drawing attention

Reading Time: 2 minutes Compared to last week, Western Canadian yearling prices were $2 to $4 higher while calf markets traded $2 to $4 on either side of unchanged. U.S. prices were also up $2 to $4 which lent support to Canadian domestic values. Volumes remain thin across the prairies; many producers are busy with silage operations and pasture […] Read more

U.S. livestock: Live cattle futures retreat on supply concerns

Reading Time: < 1 minute Chicago | Reuters – U.S. live cattle futures opened firm on Monday but retreated from session highs on technical selling and lingering concerns about cattle supply backups in the wake of recent packing plant closures due to coronavirus infections among workers. Prices climbed at Monday’s open in reaction to Friday’s U.S. Department of Agriculture (USDA) cattle on […] Read more

U.S. livestock: Live cattle futures gain, fall short on the week

Lean hogs slip after three days' gains

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures gained on Friday, after four consecutive days of declines, as traders anticipated the U.S. Department of Agriculture’s monthly Cattle on Feed report. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.475 cent at 101.325 cents/lb. and October live cattle added 0.5 cent to close at […] Read more

Brussels Transport delivers 50 loads of pigs per week to the Sofina plant in Burlington.

Transport company increases security after threats

Online harassment escalated after a protester was killed by a truck at a pork processing plant

Reading Time: 2 minutes Drivers are increasingly nervous delivering pigs to the Sofina Foods plant in Burlington after online threats against them have increased since the death of a protester at the plant. Tyler Jutzi of Brussels Transport says the company has had to take down its website and social media feeds after the “number of harassing and threatening […] Read more