New Zealand bans export of live animals by sea

Reuters – New Zealand has banned the export of livestock by sea starting in April 2023, citing animal welfare concerns. The decision that will affect major trading partners including Australia and China. The ban had been well flagged and comes after a ship that left its shores with nearly 6,000 cows and 43 crew members


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U.S. livestock: Hog futures mixed; cattle futures steady-weak

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ended mixed on Friday as traders waited for fresh news to gauge demand levels. The most-active CME December lean hog futures contract LHZ2 dropped 0.625 cent to 77.15 cents per lb, with support noted around the contract’s 10-day moving average. Front-month October hogs LHV2 rose 0.575 cents to settle

CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: Hog futures firm on technical buying

Cattle futures close mostly lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all figures US$). Front-month October hogs


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Study fails to support rest stop benefits for cattle: BCRC

Preconditioning appears to be more important than rest and feed stops BCRC says

To say the cattle sector is unhappy with changed transportation rules is putting it mildly. Now, results from a third Beef Cattle Research Council (BCRC) study on transportation outcomes are feeding the ire. BCRC science director Reynold Bergen said the study, summarized in a blog post titled “Strike three? Transport rest stops still don’t show a benefit

File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)

Conagra tops profit, sales estimates even as consumers turn thrifty

Reuters — Conagra Brands beat quarterly sales and profit estimates on Thursday, boosted by higher prices for its Marie Callender’s and Slim Jim brands even as consumer demand wanes under the weight of decades-high inflation. Global food companies have been increasing prices over the past year to shield profit margins, which have been squeezed by


CME October 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME hogs up off 10-month low on bargain-buying

Live cattle also up on technical buying

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday on bargain buying, a day after the benchmark December contract fell to a 10-month low, traders said. CME December lean hog futures settled up 2.075 cents at 76.5 cents/lb. (all figures US$). Front-month October hogs ended up 3.8 cents, at 90.8

Researchers at Olds College are testing a Norwegian virtual fencing system called Nofence, one of several systems using the rapidly evolving technology.

Virtual fence systems for livestock could be the next breakthrough

Though this technology is taking off in Europe and being studied here, it’s still early days

Glacier FarmMedia – Research on virtual fences for livestock is gaining momentum in Western Canada. One technology being studied uses collars on animals that emit a series of audio warnings and, if need be, an electric pulse, when livestock approach an invisible boundary set with GPS coordinates. “The animals are actually able to get trained



CME December 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and brown lines, right column) and CME cash Lean Hog Index (black line, left column). (Barchart)

U.S. livestock: CME lean hogs, live cattle retreat on technical selling

Funds net long in hogs, cattle

Chicago | Reuters — Chicago Mercantile Exchange benchmark December lean hog futures fell about four per cent on Tuesday, hitting a 10-month low on technical selling and worries about consumer demand for meat, traders said. Brokers shrugged off strength in outside markets including crude oil and Wall Street equity markets, which firmed as fears eased