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(Video screengrab from CBSA-asfc.gc.ca)
Markets

Vaccine mandate to lead to inflation, empty shelves, trucking executives say

Parallel mandate for U.S. entry starts Saturday

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Ottawa | Reuters — Canadian consumers should soon see higher prices and some empty shelves in supermarkets and other retail outlets because of disruptions stemming from a COVID-19 vaccine mandate for cross-border truckers, top trucking executives warned this week. The mandate, imposed by Ottawa to help curb the spread of the virus, has cost six
CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures touch highest since mid-October

CME cattle futures down on day

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Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped to their highest in more than three months on Thursday, supported by strength in the cash markets, traders said. Most actively traded February lean hogs rose 2.625 cents, to 84.925 cents/lb. (all figures US$). The front-month contract closed just below its session peak of 84.975
CME February 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle and hog futures firm

Meat supplies remain tight

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Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures rose on Wednesday, with tight supplies supporting prices after a slowdown in the pace of slaughter. Most actively traded February lean hogs rose 0.7 cent, to 82.3 cents/lb. Hog futures have risen for three days in a row, their longest streak of gains
(M+M Food Market video screengrab via YouTube)

On The Run operator to buy M+M Food Market

Parkland Corp. to pay $322M for frozen-food retailer

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A well-known Canadian food retailer selling flash-frozen meals, entrees, side dishes and desserts direct to consumers is headed to expansion-minded new owners. Calgary-based Parkland Corp., which operates fuel and convenience retail chains and bulk fuel distribution businesses in Canada and elsewhere, announced Tuesday it’s signed an agreement to buy M+M Food Market for about $322
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures weak

Hog futures firm

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, with mild profit-taking noted after rallying in three of the previous four sessions. Hog futures were firmer, extending their rebound from the five-week low hit last week. Most actively traded February lean hogs rose 0.7 cent to 81.6 cents/lb. (all figures US$).
Manitoba’s new ag minister Derek Johnson, whose constituency includes Diageo’s Crown Royal distillery at Gimli, congratulated the company on social media Monday for prizes earned at the Canadian Whisky Awards. Those included distillery of the year for Gimli, and Canadian whisky of the year for Crown Royal Nobel Collection Winter Wheat. (Facebook)

Manitoba names new ag minister in shuffle

Derek Johnson replaces Ralph Eichler

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Another MLA from Manitoba’s Interlake region has been named to handle the province’s farm file in Premier Heather Stefanson’s latest cabinet shuffle and portfolio restructuring. Stefanson, who replaced Brian Pallister as premier in November, on Tuesday named Interlake-Gimli MLA Derek Johnson as minister of agriculture, replacing Lakeside MLA Ralph Eichler, who has been dropped from
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market remains firm

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Compared to last week, western Canadian yearling prices were steady to $3 lower on average; calves were relatively unchanged but limited numbers were on offer. Strength in the Canadian dollar appeared to temper demand from south of the border in the 750-plus-lb. weight categories. Last week was the first full week of sales in both
CME February 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures rebound, slaughter pace still weak

CME February live cattle up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced back on Friday, though analysts said U.S. staffing shortages caused by COVID-19 infections continued to limit meat production. Most actively traded February lean hogs touched a one-week high and ended 3.05 cents stronger at 80.9 cents/lb. (all figures US$). The contract recovered after falling
Price increases seen on heavier cattle
Livestock Markets, Markets

Price increases seen on heavier cattle

U.S. demand was supportive for Manitoba cash values

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Only three cattle auctions went ahead this week across Manitoba — one of which, Heartland Livestock Services’ sale at Virden, was hit with a snowstorm that drastically cut the number of head coming to market. Manager Brennin Jack said only around 130 head were sold on Jan. 5, which wasn’t big enough of a sample

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