Global meat protein supply gaps sparked by African swine fever (ASF) and the pandemic have created expansion potential for the sheep sector. Melissa Clark-Reynolds, a New Zealand entrepreneur, strategist and […] Read more
Tag Archives COVID-19

Lamb sees increased global market demand
Strong sales sparked by supply chain disruption, pandemic-related shortages of other animal proteins

U.S. grains: Wheat rallies as global demand offsets virus worries
USDA confirms China buys U.S. soybeans
Chicago | Reuters — U.S. and European wheat futures jumped on Thursday as a series of import tenders and fears of rain damage to Australia’s harvest overshadowed concerns over the […] Read more

U.S. livestock: CME live cattle, hogs up with export demand
Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures rose again on Thursday, as fresh export numbers underscored strong demand for meat. Meanwhile prices on feeder […] Read more

U.S. grains: Grain futures regain ground as COVID jitters ease
Corn, soy firm after also hitting near three-week lows with wheat
Chicago | Reuters — Chicago wheat futures turned higher Wednesday, recouping some of their steep losses from the previous session, as investor concerns that the Omicron coronavirus variant would derail […] Read more

U.S. livestock: CME cattle, hog futures finish higher
Investors' COVID concerns eased
Chicago | Reuters — Chicago Mercantile Exchange livestock futures finished higher on Wednesday as the markets recovered after dropping the previous session to their lowest prices in more than a […] Read more

Cargill beef plant workers to vote on new negotiated offer
High River workers otherwise headed for strike or lockout Monday
Workers at Cargill’s major beef slaughter and packing plant in Alberta will vote this week on a new offer which it’s hoped will avert a strike or lockout, both due […] Read more

CBOT weekly outlook: Markets ‘resilient’ in face of Omicron
MarketsFarm — While fears over the newly-identified Omicron COVID-19 variant caused a sharp downturn Friday in oil and equities, crop prices on the Chicago Board of Trade (CBOT) were not […] Read more

U.S. grains: Wheat extends slide as Omicron worries mount
Corn, soybeans also slip on virus fears
Chicago | Reuters — Chicago wheat prices fell to a nearly three-week low on Tuesday, as concerns that the spread of the Omicron coronavirus variant could slow the global economy […] Read more

U.S. livestock: CME live cattle fall from highs as Omicron rattles markets
Chicago February lean hogs also lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Tuesday as worries about the new Omicron coronavirus variant rattled commodity and financial markets. Losses pulled live cattle […] Read more

U.S. livestock: Cattle post new highs, retreat on profit-taking
Chicago lean hogs close mixed
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to multi-year highs on Monday but closed lower as profit-taking and technical selling clipped gains, traders said. The spread […] Read more