U.S. livestock: CME hog futures fall with cash, pork prices — September 17, 2014

Posted

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slumped more than two per cent on Wednesday, pressured by lower prices for slaughter-ready or cash hogs and pork at wholesale, traders said. October closed 1.775 cents per pound lower at 105.1 cents, and December at 93.9 cents, down 2.025 cents (all figures US$). Wednesday […]


Brian Harper says he’s doubled the carrying capacity of his pastures by 
using a high stock density system.

Get in line and move on — grazing an acre at a time

Switching to a high stock density system with 128 paddocks instead of 16


I call it my ‘big red swather,’” Brian Harper told a group of cattle producers visiting his farm near here last August. Harper smiled and as if on cue, 63,550 lbs. of his herd of Shaver Beefblend/Lincoln Red cattle started munching their way down one of his field’s narrow one-acre grazing paddocks. “Up to 2013, […]


U.S. livestock: CME live cattle close lower on cash price outlook — September 16, 2014

Posted

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed down slightly on Tuesday in anticipation of likely lower prices for market-ready or cash cattle this week, traders said. October and December live cattle both ended 0.15 cent per pound lower, at 156.2 and 158.875 cents, respectively (all figures US$). Packers might curb cash […]


Meat industry groups seek rehearing of COOL court case — September 16, 2014

Posted

Canadian, U.S. and Mexican livestock and meat industry groups want a rehearing from a U.S. court that so far has shot down their challenges of U.S. mandatory country-of-origin labelling (COOL) laws. The American Meat Institute (AMI), the lead group in a list of plaintiffs including the Canadian Pork Council and Canadian Cattlemen’s Association (CCA), filed […]


U.S. lawmakers want to curb antibiotic use on farms — September 16, 2014

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Reuters — Two U.S. lawmakers are calling for action to rein in antibiotic use in livestock in response to a Reuters investigation showing how top U.S. poultry firms have been administering drugs to their flocks. U.S. Sen. Kirsten Gillibrand (D-NY) said she plans to introduce new legislation authorizing the Food and Drug Administration to collect […]


U.S. SEC announces settlement with AgFeed over accounting fraud — September 15, 2014

Posted

Washington | Reuters – A Tennessee animal feed company will pay back US$18 million in alleged illicit profits to settle civil accounting fraud charges, U.S. regulators said Monday. AgFeed Industries, which is currently in bankruptcy, was charged by the Securities and Exchange Commission in March in connection with charges that it reported fake revenue from […]