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

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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 […]






U.S. livestock: Lower cash, beef prices drop CME live cattle — September 12, 2014

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures posted losses for a second straight day on Friday, weighed down by lower prices for slaughter-ready or cash cattle and pork at wholesale, traders said. Futures finished off session lows helped by their discounts to this week’s cash cattle returns and sentiment that the recent […]


Sask. wolf hunting pilot starts next week — September 11, 2014

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A provincial pilot project allowing licensed hunters to help thin out the wolf packs on behalf of livestock producers in predator-ridden northeastern Saskatchewan will get underway Monday (Sept. 15). Saskatchewan’s environment ministry said Thursday the pilot wolf hunt will run until March 31, 2015, strictly in wildlife management zone (WMZ) 49, which runs south along […]


U.S. livestock: CME live cattle slump on cash price outlook — September 11, 2014

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Thursday after investors pocketed profits in anticipation of steady or lower cash prices, traders said. October live cattle ended at 157.375 cents per pound, 2.325 lower, and December fell 2.4 cents to 159.7 (all figures US$). Futures slid after packers in Texas and […]


Feds back livestock genetics marketing push — September 10, 2014

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A bid to boost sales of Canadian dairy, sheep and goat genetics in export markets has picked up seven-figure federal funding. Agriculture Minister Gerry Ritz on Wednesday announced $1.6 million for the Canadian Livestock Genetics Association (CLGA), mainly to help the association achieve its target of increasing sales and exports of dairy genetics by 10 […]


U.S. livestock: CME live cattle end mixed after choppy session — September 10, 2014

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Chicago | Reuters – Chicago Mercantile Exchange live cattle settled mixed on Wednesday, supported by October future’s discount to last week’s cash prices but pressured by profit-taking, traders said. October closed at 159.7 cents per pound, up 0.025 cent, and December down 0.175 cent to 162.1 cents (all figures US$). Last week, market-ready, or cash, […]