Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Monday after U.S. government data showed last week’s slaughter was bigger than the previous week’s, despite a fire that shuttered a Kansas beef plant. The U.S. Department of Agriculture estimated the weekly U.S. cattle slaughter through Saturday at 651,000 head, up from […] Read more
Livestock — page 2
U.S. livestock: Cattle futures up on larger-than-expected weekly slaughter
U.S. livestock: CME hogs limit down on demand concerns
Chicago | Reuters — CME lean hog futures fell sharply on Friday, with the most-active October contract notching a limit-down move as traders worried that seasonal growth in supplies will outstrip demand. Weakness in the cash market also spilled over into the futures, traders said. The demand concerns stemmed from uncertainty about potential purchases from […] Read more
Sheep complement fruit production on Ontario farm
The Schuylers raise sheep, maintain apple and cherry orchards and grow corn, soybeans and wheat
When farmers are told they have a good story to tell, a prime example may be found at Simcoe, Ont. Schuyler Farms is a diversified livestock, crop and fruit farm owned by brothers Marshall and Drew Schuyler, and Marshall’s sons Brett and Ryan. They grow about 3,000 acres of corn, soybeans and wheat, maintain 1,200 […] Read more
Dairy farmers to get direct cash payment as trade compensation
Canadian dairy farmers will be getting direct cash compensation after the government gave up dairy market access to other countries in recent trade deals. The compensation follows promises by the Trudeau government — and the Harper government before it — that dairy farmers would be compensated in some form for the loss of market. Why […] Read more
U.S. livestock: Hog futures sink to five-month low
Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures fell to a five-month low on Thursday, pressured by big supplies that overwhelmed any optimism about news that China made its biggest purchases of U.S. pork in seven weeks, traders said. The world’s largest pork consumer bought 10,211 tonnes of U.S. pork between Aug. 2-8 […] Read more
Farm-sitter finds a summer job giving farmers a break
Young farm entrepreneur Meaghan Herrington starts a business taking care of farm chores
Almost any agricultural professional knows that a day off (or two or three) can be an impossible dream. But those living near Brighton, Ont., can turn to Meaghan Herrington and her summer business Early Morning Relief Milking and Farm Services. The East Northumberland Secondary School student offers such services as cow clipping, barn cleaning, relief […] Read more
U.S. livestock: Cattle futures mixed, hogs firm
Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures were mixed on Wednesday, with deferred months mostly higher on bargain buying after hitting multiyear lows on Tuesday. But nearby live cattle contracts continued to weaken. The front-month contract hit its lowest level since October 2016 on expectations that the shutdown of a major beef […] Read more
Indian court acquits six in cow vigilante case
New Delhi | Reuters — An Indian court on Wednesday acquitted six men of the killing of a 55-year-old Muslim dairy farmer, citing lack of evidence, raising questions over the prosecution’s failure to make its case despite videos of a crowd beating him in the street. The 2017 attack on Pehlu Khan and his two […] Read more
U.S. livestock: Cattle futures limit down again on Tyson fire
Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures plunged to multiyear lows on Tuesday, with some contract months for both live cattle and fed cattle ending at their daily trading limits for the second day in a row. Traders said the market continued to weigh the impact of a fire at a key […] Read more
U.S. livestock: Cattle limit down after Tyson beef plant burns
Chicago | Reuters — Chicago Mercantile Exchange cattle futures dropped their daily trading limits on Monday after a fire at a major beef plant threatened to limit demand for the animals for months, traders said. Live cattle prices settled at their lowest since July 3 while feeder cattle contract dropped to their lowest since June […] Read more
