Chicago Mercantile Exchange livestock futures closed mostly lower on Monday, as market participants sought profits and continued to adjust their positions as part of the so-called Goldman roll, traders said.
Beef cattle
U.S. livestock: CME livestock futures mostly lower on technical trading
U.S. finalizes higher standard for ‘Product of USA’ meat label
Canadian meat sector concerned labeling could have chilling effect on exports to U.S.
The administration of U.S. President Joe Biden on Monday finalized a rule requiring meat, poultry, or eggs labeled as a U.S. product to come from animals born, raised, slaughtered, and processed in the country.
Alberta renewable ban could hurt $11 bln in investments, says study
Farmland-protecting approach puts province at loggerheads with federal Liberals' green energy plans
Canadian province Alberta's ban on some renewable projects could hurt $11.1 billion in investments and stall up to 6.3 gigawatts (GW) of solar and wind power capacity, a study said on Monday.
Texas wildfires destroy grain and cattle
Chicago | Reuters – Wildfires in the Texas Panhandle destroyed grain in storage bins and likely killed tens of thousands of livestock, state Agriculture Commissioner Sid Miller said Feb. 29. One blaze, dubbed the Smokehouse Creek fire, is the largest in Texas history. Grazing lands covered with years of grass that are helped fuel the
Manitoba beef eyes Alberta AgriStability pilot
The program aims to identify how to close gaps for cow-calf producers
Manitoba’s beef sector is hopeful an Alberta pilot program that addresses AgriStability’s position on cow-calf expenses might spread to other regions. “We hope to see it kind of nationwide as long as the pilot shows benefit to our industry, whether that’s reflecting pasture costs in the eligible expenses or looking at how they do the
Feds announce $1.7 million for foreign animal disease prevention
Cash boosts Animal Health Canada's efforts to prevent and prepare for ASF, FMD
The federal government has pledged up to $1.7 million toward foreign animal disease prevention, the federal agriculture minister announced today.
Feed grain weekly outlook: Growers looking at the skies, prices
Barley prices should decline in later spring as growers sell, analyst says
Despite recent weather bringing much-needed moisture into southern Alberta, dryness remains a concern in the region weeks before the start of seeding.
Low feed prices offer chance for more profitable cattle sales
The number of cattle coming to market may be set to decline
Prices at Manitoba’s eight cattle auctions have plateaued for now, but Scott Anderson of Winnipeg Livestock Auction Sales says they are likely to remain strong for now. “When we came back in January, every week things were a little bit higher. But it’s the same old story, though. How high can you go?” Anderson said
U.S. livestock: CME lean hog futures touch three-week low
CME live cattle futures also declined in range-bound trade
Chicago Mercantile Exchange lean hog futures fell on Wednesday for a third straight session in largely technical trade, analysts said, with the benchmark April contract LHJ24 dipping to a three-week low.
U.S. livestock: Hogs end down after setting contract highs
CME cattle futures advance
Chicago Mercantile Exchange lean hog futures ended lower on profit-taking on Tuesday after the market set contract highs in deferred months, analysts said.