Chicago | Reuters — U.S. live cattle futures closed higher on Thursday on expectations that tight cattle supplies and rising demand for beef will buoy cash cattle markets, analysts said. Cash cattle traded lightly in the southern Plains this week at $106/cwt, the U.S. Department of Agriculture reported, even with last week (all figures US$).
Reuters — The Trump administration in the U.S. said Thursday said it will lift Endangered Species Act protections for the gray wolf, arguing the species had been brought back successfully from the brink of extinction. The move gives states in the continuous United States the authority to manage their local wolf populations, including by allowing
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Chicago | Reuters — U.S. lean hog futures fell on Wednesday on weaker wholesale pork prices, while cattle futures advanced on steady beef demand, traders said. The U.S. pork cutout, an indication of wholesale pork prices, fell by $4.31, to $84.52/cwt, according to the U.S. Department of Agriculture (all figures US$). Prices eased for pork
Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, as packers kept processing at a higher-than-usual pace, despite a bearish Cattle on Feed report, traders said. Meanwhile, hog futures eased slightly on Tuesday, as falling cutout prices have carved into packer margins, traders said. CME December live cattle futures gained 0.65 cent to
Compared to last week, prices for western Canadian yearlings weighing over 900 lbs. were down $4-$8 on average; yearlings weighing between 800-900 lbs. were down $2-$4; calves under 800 lbs. were down $8-$12, with the exception of Manitoba, where lighter calves traded $3-$5 below week-ago levels. Feedlot operators are asking, is there no grain in
Chicago | Reuters — U.S. live cattle futures fell on Monday, with the most-active contract touching its lowest price since June under pressure from a larger-than-expected number of cattle on feed in the United States, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 11.7
Manitoba cattle producers are getting a support program to help offset the impact of COVID on their sector. The 2020 Manitoba Finished Cattle Feed Assistance Program will provide “… up to $2.5 million…” in direct support, a news release from Agriculture and Agri-Food Canada stated. For finished cattle payments of $1.20 per day per animal will “… help offset costs to
British Columbia’s incumbent agriculture minister and opposition ag critic both appear set to head back to the provincial legislature as the New Democrats are projected to end three years of tentative minority governing. John Horgan’s NDP, which in 2017 overturned a minority Liberal government with the help of the Green Party, was projected Saturday evening