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U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more

Photo: File

U.S. grains: Soybeans fall on improved crop outlook, forecast

Reading Time: < 1 minute Chicago | Reuters – Chicago soybean futures sank on Tuesday after the previous day’s better-than-expected crop conditions report coupled with forecasts for rain across the U.S. Midwest as the oilseed begins to set seed pods. Corn and wheat also fell but found support from earlier hot, dry weather that will likely cut yields. The most-active […] Read more

Photo: Canada Beef Inc.

Klassen: Drought conditions spur on fall cattle run

Reading Time: 2 minutes Compared to last week, Western Canadian feeder yearling prices were relatively unchanged; calves traded $2 to $5 lower. The fall run has started. Drought like conditions have caused many ranchers to sell cattle 30 to 45 days earlier than normal. Steers averaging 900 pounds were readily trading in the range from $185 to $190; steers […] Read more

“The emergence of ASF in the Dominican Republic underscores the need for continued and strengthened vigilance to prevent the spread of ASF to other regions.” – CFIA.  Photo: iStock/Getty Images Plus

Dominican Republic restricts pig shipments after ASF confirmed

Reading Time: 3 minutes Reuters – The Dominican Republic is restricting pig shipments and mobilizing the military to contain the spread of African swine fever (ASF), the agriculture ministry said July 29, as the United States and Mexico tightened border checks to avoid infections. In an official statement July 29, Canadian Food Inspection Agency (CFIA) also said it was […] Read more