Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures sank by their daily exchange-imposed trading limit on Thursday as profit-taking overwhelmed the market following blistering rallies, analysts said. The setback is a turnaround from gains that have lifted profits for pig farmers after they struggled last year when the COVID-19 pandemic reduced restaurants’ demand for meat […] Read more
Livestock — page 2
U.S. livestock: Hogs limit-down on profit-taking
Cattle futures continue lower
Saskatchewan to incentivize rural vet techs
Remote learning, loan forgiveness on offer
Reading Time: 2 minutes Saskatchewan plans to clear a few new paths for veterinary technologists and veterinarians in training to take up work in underserved rural areas. The province on Tuesday announced the two-year registered veterinary technologist program at Saskatchewan Polytechnic will offer a distance delivery option, starting this fall, for vet techs to train in rural and remote […] Read more
Cargill shuts Ontario chicken plant against COVID
Other packers being sought to take birds
Reading Time: 3 minutes Agrifood firm Cargill is seeking slaughter space for Ontario chickens at other processors after temporarily closing its London poultry packing plant Tuesday against an outbreak of COVID-19 among workers. The company said Tuesday it was “taking this step out of an abundance of caution as our local workforce deals with the community-wide impacts of COVID-19.” […] Read more
U.S. livestock: Cattle futures fall on rising feed costs
Reading Time: < 1 minute Chicago | Reuters — CME Group cattle futures fell on Wednesday on concerns about rising feed costs as soybean, wheat and corn futures soared, traders said. Fund selling also weighed on the cattle market. The most-active June live cattle futures contract has closed lower for five days in a row after setting a fresh high […] Read more
Preventing human failings in COVID and African swine fever
Viruses have different superpowers they use to spread among animals and people
Reading Time: 4 minutes With the spread of both COVID-19 and African swine fever (ASF), humans can be their own worst enemies. That message was delivered by South West Ontario Veterinary Services practitioner Dr. George Charbonneau during the recent virtual edition of the 2021 London Farm Show. Why it matters: The North American swine sector is on high alert […] Read more
Compensation programs hatched for feather sectors
On-farm investment, market development plans on deck
Reading Time: 4 minutes Long-awaited programs to make up for market share lost to imports under the Trans-Pacific Partnership trade pact are set to roll out to Canada’s chicken, egg and turkey farmers. Agriculture Minister Marie-Claude Bibeau and caucus colleagues on Tuesday announced the specific contents of her previously-pledged $691 million, 10-year compensation funding envelope: a Poultry and Egg […] Read more
Agropur to shut Winnipeg fluid milk plant
Work to be consolidated in B.C., Alberta
Reading Time: 2 minutes Dairy co-operative Agropur will consolidate its fluid milk production for Western Canada further west this fall, as it moves to shut its operation in Winnipeg. The Quebec-based co-operative announced Tuesday it will close its Winnipeg fluid milk plant effective Sept. 24 — affecting 48 jobs — and transfer that work to plants at Edmonton, Victoria […] Read more
U.S. livestock: Hog futures edge higher after limit down move
CME cattle futures weak
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures firmed slightly on Tuesday after falling their daily trading limit in the previous session. Traders said the market had run out of steam after rallying to their highest since June 2014 last week. “There no doubt remains questions about the belly’s staying power at these levels […] Read more
Klassen: Stronger demand drives feeder market
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $3 to as much as $6 higher, but calf prices were relatively unchanged. Major feedlot operators were very aggressive on heavier calves and yearlings weighing 700-850 lbs. Yearlings over 850 lbs. were also well bid but not as strong as their lighter-weight counterparts. Feed barley prices […] Read more
U.S. livestock: Lean hogs limit-down off highest in nearly seven years
Follow-through selling drags on live cattle
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile exchange lean hog futures dropped sharply on Monday, with numerous contracts closing down the daily three-cent limit on a round of profit-taking after the front-month contract hit its highest since June 2014 last week. “We have had a strong run and we are coming up a little bit short […] Read more
GFM Podcasts
Special Podcast
Farmtario is committed to providing information that matters to farmers in Ontario. Backed by leading and experienced farm journalists and content creators, Farmtario is a new source of insights for farming in Ontario including news, crop and livestock production, markets and ag tech. Receive your free eNewsletter today!