U.S. livestock: Fund buying pushes CME hogs two per cent higher — April 23, 2014


Chicago | Reuters – Chicago Mercantile Exchange hog futures jumped two per cent on Wednesday, with some months up the three-cent limit, driven by fund buying after contracts punched through moving average levels, traders said. May hogs closed up 2.95 cents per pound at 123.975 (all figures US$). June and July ended up their three-cent […]

Ex-ag committee chief Paradis named Que. ag minister — April 23, 2014


A former agriculture critic for Quebec’s provincial Liberals and former chair of the assembly’s agriculture, fisheries and food committee is the province’s new agriculture minister. Announcing his cabinet Wednesday following the April 7 election [Related story], incoming Premier Philippe Couillard named Pierre Paradis, the MNA for the Monteregie riding of Brome-Missisquoi since 1980, as the […]

Four men sitting at a conference table

Immunity is the first step in PEDv fight

Heat may prove effective for some producers seeking to eradicate the porcine epidemic diarrhea virus

Getting barns that have been infected by the porcine epidemic diarrhea virus (PEDv) back to normal is possible — but not easy, a panel of industry officials told Manitoba pork producers last week. “We’ve been told it will happen over time, but it will take a lot of time,” said Greg Boerboom of the Minnesota Pork […]

Cows, calf, and a pig.

Manitoba launches livestock price insurance for cattle, hogs

The program based on Western Canada prices offers better protection than CME futures hedging

A new price insurance scheme for Manitoba livestock producers has officially been launched, but whether there will be a stampede through the gate remains to be seen. Applications for the Western Livestock Price Insurance Program (WLPIP), a new tool to manage risk and withstand market volatility, were unveiled last week by Food and Rural Development […]

OAC’s Kemptville campus funded for skills training — April 22, 2014


The Ontario government has put up $2 million to extend skills training programs at the Ontario Agricultural College’s (OAC) soon-to-be-shuttered Kemptville campus for the coming academic year. The province announced the funding Tuesday for the campus to continue to host skills training programs that “support the agricultural sector in eastern Ontario,” including the agricultural equipment […]

Lilly eyes emerging markets in Novartis animal health deal — April 22, 2014


Paris | Reuters – The purchase of Novartis’ animal health business will strengthen Eli Lilly’s hand in emerging markets, tapping into growing demand there for protein-rich diets and household treatments for pets, a senior executive at the U.S. group said. As part of a multi-billion dollar revamp announced earlier on Tuesday, Swiss drugmaker Novartis said […]

U.S. livestock: Solid beef demand drives CME live cattle higher — April 22, 2014


Chicago | Reuters – Chicago Mercantile Exchange live cattle futures on Tuesday gained, supported by short-covering sparked by strong demand for beef at wholesale, traders and analysts said. Tuesday morning’s wholesale choice beef price, or cutout, climbed $2.26 per hundredweight (cwt) from Monday to $231.32 (all figures US$). Select cuts rose $1.23 to $219.30, based […]

Ranchers see no promise in premises ID

Fearing they are the target, not TB, some ranchers refuse to comply with premises ID

A handful of ranchers in the Riding Mountain Eradication Area are balking at a provincial bid to use premises identification and ear tags to help with surveillance for bovine tuberculosis — even if it results in less on-farm testing. Rossburn-area rancher Rodney Checkowski wonders if the actual intent is to drive him and some of […]

U.S. livestock: Hog futures sink two per cent with sagging cash prices — April 21, 2014


Chicago | Reuters – Chicago Mercantile Exchange hog futures tumbled two per cent on Monday, pressured by lower prices for market-ready or cash hogs, traders said. The morning’s average of hogs in the eastern Midwest dropped $1.02 per hundredweight (cwt) from Friday to $110.56, according to the U.S. Department of Agriculture (all figures US$). Hog […]

Klassen: Feeder cattle market flattens out — April 20, 2014


Feedlot buying interest appears to be waning at the higher levels as breakeven pen closeout prices on 750-pound-plus feeders continue to creep higher. Upcoming uncertainty in feed grain prices, along with softer wholesale beef values, has the ability to squeeze feeding margins in late summer and feedlot managers are carefully assessing the risk/reward economics. Alberta […]