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Beef cattle

CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle end firm, consolidate below recent highs

Hogs up on discount to cash price index

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday as the market consolidated just below life-of-contract highs touched a day earlier. Tightening U.S. cattle supplies remain a supportive backdrop to the market, but fresh bullish news was lacking, traders said. Wholesale beef prices fell, extending a seasonal slide dating from
A new enzyme-based feed additive shows promise for increasing feed efficiency.
News

New additive touted for feed efficiency, SNF control

Strong results seen in Mexico trial for biocatalyst

By
Glacier FarmMedia – Calgary-based feed additive maker CBS Bio Platforms is trumpeting the feed efficiency benefits of its new Optimax E enzyme-based biocatalyst, at the same time as the dairy industry is looking for tools to reach its stated goals on carbon neutrality. The product has also garnered interest for its potential impact on solids-not-fat
An initial swath in a canola crop north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)
Weather

Prairie Forecast: Warm fall weather to continue

Issued Sept. 20, covering Sept. 20-27

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Even with some uncertainty in the last forecast, the weather models did a surprisingly good job. At one point it looked like I was going to have to send out an update as the models started trending toward a cooler pattern, but they quickly reversed back to a warm pattern. This brought the expected heat
(HiltonFoods.com video screengrab)
Livestock, Markets

U.K. firm to process meats in Canada for Walmart

Plant would be Hilton Foods' first in North America

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A British-based firm processing proteins for the retail and foodservice sectors plans to set up shop somewhere in Eastern Canada, after reaching a deal to supply meat products to Walmart’s Canadian grocery business. Hilton Food Group announced Thursday it plans to open a new manufacturing plant in that region to supply Walmart Supercentres in Canada
CME October 2023 lean hogs with 10-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Chicago hogs turn upward

Cattle futures down on day

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Chicago Mercantile Exchange (CME) lean hog futures turned solidly upward Tuesday, a day after most trading months except October booked declines. October lean hogs closed Tuesday at 84.85 cents/lb., up 1.6 cents from Monday, while December closed at 76.25 cents, up 1.825 cents on the day (all figures US$). October hogs had dipped below 82
CME April 2024 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

Klassen: Stronger live cattle futures enhance feeder demand

Feeder cattle supplies look to be lower than anticipated

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Compared to last week, western Canadian grass yearling prices were unchanged to $3/cwt lower on average. Steers held value but heifers had a softer tone. Calf prices were relatively unchanged from seven days earlier. However, weaker barley prices and stronger deferred live cattle prices limited any slippage. The calf market continues to be in price
(FatCamera/E+/Getty Images Canada)
Markets

Major grocery chains agree to help stabilize prices, feds say

Any moves must not undercut farmgate prices, government warns

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Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were
The U.S. National Hurricane Center’s forecast cone for the storm centre of Hurricane Lee, issued at 2 p.m. AT on Sept. 15, 2023. (NHC/USA Today Network via Reuters)
Weather

Hurricane Lee churns toward New England, Eastern Canada

Nova Scotia may see storm surge up to three feet

By
Reuters — Hurricane Lee barreled across the North Atlantic toward New England and Eastern Canada on Friday, threatening to bring drenching rains, powerful winds and a life-threatening storm surge to the region over the weekend. Lee is expected to weaken into a strong tropical storm before making landfall in southwestern Nova Scotia as a strong
CME October 2023 live cattle, with December 2023 live cattle (dark red O/H/L/C). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle touch contract highs on cash prices, tight supplies

Lean hogs mixed in technical trading

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures scaled to life-of-contract highs on Friday on firmer cash market prices and tight supplies of market-ready animals, traders said. Feeder cattle futures also posted contract highs across the board, drawing additional support from weaker feed corn prices. Feedlot cattle in the central and southern U.S.
File photo of the produce section at a Canadian grocery store. (FatCamera/E+/Getty Images)
Markets

Trudeau summons top grocers over rising food prices

Major grocers' level of profit 'does not make sense,' PM says

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Ottawa | Reuters — Prime Minister Justin Trudeau on Thursday said he had summoned the country’s top grocers to help find solution to the surging food prices and vowed to cut federal taxes on new rental buildings, as he fights an affordability crisis that has dented his party’s opinion poll ratings. After meeting with Liberal

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