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Merck bolsters animal health unit with Allflex deal

Reuters — Merck and Co. said on Friday it will buy privately-held French company Antelliq Group, which makes digital identification products for livestock, for about 2.1 billion euros (C$3.19 billion) to bolster its fast-growing animal health business. The move affirms the drugmaker’s commitment to the business, which Wall Street analysts have long seen value in […] Read more







feedlot

Klassen: Feeder market experiences softer demand

Compared to last week, western Canadian feeder cattle sold $4-$6 lower on average. Feedlot operators backed away from the markets due to stronger feed grain prices and weakness south of the border. Certain regions of the U.S. Midwest and southern Plains have experienced adverse weather, which caused U.S. feeder cattle prices to experience a week-over-week […] Read more



Culling best when earliest

No one wants to cull, but could producers have saved themselves pasture, herd size and market headaches if they had started winnowing a little earlier this year?

Manitoba’s cattle auction marts were ready for a glut that didn’t come early this fall. Feed was short, pastures had dwindled and experts were warning that a heavy cow cull was on the way. By most reports, however, that wasn’t what happened. Why it matters: Producers seemed to hold on to their cattle this fall, […] Read more



hogs

U.S. livestock: CME lean hogs rebound

Chicago | Reuters — U.S. lean hog futures closed out the week on a positive note on Friday as hopes for a pickup in pork sales to China fueled speculative buying that lifted prices more than one per cent and reversed the prior session’s losses. The market remains focused on trade talks between the U.S. […] Read more

JBS

U.S. investigators question shareholders of Brazil’s JBS

Brasilia | Reuters –– U.S. investigators this week visited Brazil to question shareholders of J+F Investimentos, the holding company that controls meatpacker JBS SA, as part of an existing plea deal, Brazilian prosecutors said on Friday in a statement. U.S. authorities have been investigating the companies controlled by J+F since their largest shareholders — brothers […] Read more