Reading Time: < 1 minute Chicago | Reuters — Live cattle futures rose to their highest in more than a month on Thursday, supported by signs of a stabilizing cash market and concerns about tight supplies in the coming months, traders said. “The feedlots believe… that we have a marketing hole for most of October into December,” Don Roose, president […] Read more
Livestock — page 2
U.S. livestock: Cattle futures rise on supply concerns
CME lean hog futures down
U.S. livestock: Live cattle futures up ahead of USDA report
Hogs also up ahead of separate USDA data
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures gained on Wednesday, as traders weighed continued strong slaughter rates against expectations for higher placements in the U.S. Department of Agriculture’s end-of-week Cattle on Feed report. “The beef market looks like it’s possibly stabilizing, and that should be supportive for cattle prices in the near term,” said […] Read more
JBS vows to monitor whole cattle supply chain’s impact on Amazon
Packer plans to move against cattle 'laundering'
Reading Time: 2 minutes Sao Paulo | Reuters — JBS SA, the world’s top meatpacker, said Wednesday it plans to combat destruction in the Amazon by monitoring its entire supply chain for deforestation by 2025, as pressure mounts from environmentalists and investors. Brazilian meatpackers are facing increasing criticism that beef production is fueling deforestation in the Amazon, where cleared […] Read more
Beef sector aims for new 2030 targets
Organizations involved in Canada's National Beef Strategy have announced new goals for the beef sector for the next decade
Reading Time: 3 minutes The Canadian beef industry has new benchmarks to reach for in the next decade. The organizations involved in Canada’s National Beef Strategy — the Canadian Cattlemen’s Association, Canada Beef Breeds Council, Beef Cattle Research Council, Canada Beef, The National Cattle Feeders’ Association, Canadian Meat Council and Canadian Roundtable for Sustainable Beef have announced new 2030 […] Read more
Klassen: Quality features influence feeder cattle prices
Reading Time: 2 minutes Western Canadian yearling markets have traded in a sideways range over the past couple of weeks; major feedlot operators have been aggressive for 800-pound-plus feeders just off grass because these cattle are most efficient and therefore, most profitable. Grass yearlings were quoted steady to as much as $5 higher this past week. Backgrounded yearlings were […] Read more
U.S. livestock: Hog futures gain on export optimism
CME cattle down ahead of USDA report
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures markets climbed on Tuesday on optimism over China’s continued purchases of U.S. grains, traders said. Exporters sold 266,000 tonnes of U.S. soybeans to China and 264,000 tonnes to unknown destinations, the U.S. Department of Agriculture reported on Tuesday, marking the 13th consecutive business day of sales to […] Read more
More food companies aim to wrangle cattle emissions
Nestle, Barry Callebaut trying out feed additives
Reading Time: 3 minutes Winnipeg | Reuters — Looking to improve milk production, California farmer John Verwey turned to a Swiss-made feed additive designed to make a cow more efficient while reducing methane emissions from cattle burps. The more a cow belches, the more it spends energy that could be used instead for milk production, Verwey reasoned. So two […] Read more
U.S. livestock: Cattle, hog futures fall with other commodities
Traders watching Germany's swine fever findings
Reading Time: < 1 minute Chicago | Reuters — U.S. cattle and hog futures markets fell on Monday, following a broad-based commodity sell-off in the absence of any fresh bullish news, traders said. “It is just kind of risk-off trade,” said Matthew Wiegand, broker at FuturesOne. “Livestock was for the most part happy to follow along.” Chicago Mercantile Exchange October […] Read more
U.S. livestock: CME cattle futures end up on firm cash trade
Lean hog futures close mixed
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed modestly higher on Friday, supported by strength in cash cattle markets this week, but uncertainty about beef demand in the coming months capped rallies, analysts said. Chicago Mercantile Exchange October live cattle futures settled up 0.575 cent at 107.35 cents/lb. and December rose 0.525 cent to […] Read more
U.S. livestock: CME hogs up on another swine fever case in Germany
Cash cattle values firming
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures rose on Thursday as Germany confirmed one more case of African swine fever in a wild boar, fueling market hopes that China will boost U.S. pork imports. The new case follows six others confirmed in wild boars, not farm animals, in the past week. While no farm animals […] Read more
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