LIVESTOCK: CME hog futures slide on weaker cash, pork prices — July 24, 2014


Reuters — Chicago Mercantile Exchange hog futures on Thursday finished lower, pulled down by softer cash hog and wholesale pork prices, traders said. August finished 1.375 cents per lb lower at 123.200 cents, and October at 107.900, 2.550 cents lower. The average price of market-ready, or cash, hogs Thursday morning in the eastern Midwest, fell […]

U.S. court upholds FDA animal feed policy despite health concern — July 24, 2014


Reuters — A divided federal appeals court on Thursday upheld a U.S. Food and Drug Administration policy allowing the use of various antibiotics in animal feed, even if such use might endanger the public health. Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said the FDA was empowered […]

Panel’s report likely to tie farm antibiotics to human resistance — July 23, 2014


Reuters — A White House advisory committee is expected to acknowledge the link between antimicrobial resistance in humans and livestock being fed antibiotics when it issues its report in the next few weeks, according to the transcript of a committee meeting held earlier this month. But how much of the public health problem can be […]

LIVESTOCK: CME hogs drop 3-cent price limit as funds sell off — July 23, 2014


Chicago/Reuters — Most Chicago Mercantile Exchange hog futures on Wednesday closed down the 3-cents per lb maximum daily price limit in the wake of fund liquidation, traders said. August ended 3.000 cents per lb lower at 124.575 cents, and October at 110.450, 3.000 cents lower. Packers snug on supplies for the week, and grocers reluctant […]

Slow sales, transportation keep Prairie feed grain supported — July 23, 2014


CNS — Feed grain prices are above milling prices in some areas of Western Canada right now due to complicated travel logistics and patient farmers, says an industry analyst. “Just in general right now, farmers aren’t really big sellers of crop,” said Charlie Pearson, a provincial crops market analyst at Alberta Agriculture and Rural Development. […]

LIVESTOCK: CME live cattle jump about 2 pct on record beef prices — July 22, 2014


Reuters — Chicago Mercantile Exchange live cattle futures rose almost 2 per cent on Tuesday, fueled by short-covering in response to record-high beef prices, traders said. Tuesday morning’s wholesale price for choice beef surged $3.07 per hundredweight (cwt) from Monday to an all-time high of $253.59. Select beef climbed $2.10 to a record $246.18, according […]

Most North Americans use velvet antler as dried powder in capsules, for recovery from injury or exercise, to boost testosterone, and improve circulation.

Regaining access to China markets

Tainted food scandals have convinced Chinese buyers that imports are safer

Cervid (elk and other deer) products have been used and prized in China for at least 2,700 years. That makes China a very valuable marketplace for cervid products. Indeed, it was a good market until Canada and the U.S. took action to contain and eradicate BSE in early 2003. China immediately closed its markets to […]

The rooster’s wake-up call

Anyone who has lived on or near a farmyard with chickens is well aware of the rooster’s ability to trumpet the arrival of morning long before the sun peeks over the horizon. But roosters have been delivering a wake-up call of a different sort lately — sounding the alarm over the risks inherent with the […]

China food scandal drags in Starbucks, Burger King and McDonalds — July 22, 2014


Shanghai/Reuters — The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks , Burger King Worldwide Inc and others, as well as McDonald’s products as far away as Japan. McDonald’s Corp and KFC’s parent Yum Brands Inc apologized to Chinese customers on Monday after it emerged that Shanghai Husi Food […]

LIVESTOCK: Beef price surge extends CME live cattle advances — July 21, 2014


Chicago Mercantile Exchange live cattle futures gained for a third straight session, fuelled by sharply higher wholesale beef prices, traders said. August live cattle finished 1.325 cents per lb higher at 152.950 cents, and October 0.925 cent higher at 155.250. Monday morning’s wholesale price for choice beef jumped $2.02 per cwt from Friday to $250.47. […]