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CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Hogs mostly lower as packing-plant woes persist

Backlog concerns drag on cattle

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Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, setting back from a one-month high set a day earlier in the benchmark June contract as traders mulled the implications of a presidential order for U.S. meat packing plants to remain open, traders said. President Donald Trump on Tuesday ordered meat-processing plants
CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hogs pare gains as Trump plans order to keep meat plants open

Cattle up with wholesale beef prices

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Chicago | Reuters — U.S. lean hog futures hit a four-week peak on Tuesday on worries about tightening pork supplies as the coronavirus shutters meat processing plants, but the market pared gains on news that U.S. President Donald Trump plans to order such sites to stay open. June lean hog futures on the Chicago Mercantile
Cemetery employees fill in the grave of JBS USA meat packing plant employee Saul Sanchez on April 15, 2020 at Greeley, Colorado, following his death from COVID-19. (Photo: Reuters/Jim Urquhart)
Livestock, Markets

Trump orders U.S. meat processing plants to stay open

Advocates call for protective equipment for plant workers

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Washington/Chicago | Reuters — President Donald Trump on Tuesday ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection. With concerns about food shortages and supply chain disruptions, Trump issued an executive order
Hog farmer Mike Patterson walks through one of his barns at Kenyon, Minnesota, about 70 km south of St. Paul, on April 23, 2020. (Photo: Reuters/Nicholas Pfosi)
Livestock, Markets

Piglets aborted, chickens gassed as pandemic slams meat sector

"We have to have less hogs somehow"

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Chicago | Reuters — With the pandemic hobbling the meat-packing industry, Iowa farmer Al Van Beek had nowhere to ship his full-grown pigs to make room for the 7,500 piglets he expected from his breeding operation. The crisis forced a decision that still troubles him: He ordered his employees to give injections to the pregnant
CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hogs limit up on fears of tightening supplies

Cattle up on rising beef packer margins

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Chicago | Reuters — U.S. lean hog futures rose their daily limit on Monday on fears of tightening domestic pork supplies as the coronavirus pandemic forces slowdowns at slaughterhouses, analysts said. June lean hog futures on the Chicago Mercantile Exchange settled up the daily maximum of 3.75 cents at 55.275 cents/lb., the contract’s highest since
Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
Markets

CUSMA pact to take effect July 1, USTR says

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Washington | Reuters — U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada
Supply chain problems weigh on cattle prices
Livestock Markets, Markets

Supply chain problems weigh on cattle prices

Locals who usually seek cattle for grazing are staying clear of auctions

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Auction markets across the province are feeling the burden of COVID-19, as supply chain issues have put pressure on feeder and butcher cattle. Feeder cattle prices at Grunthal Livestock Auction Mart were steady to slightly lower during the week ended April 17, with sharper losses observed in butcher cattle prices. Weakness in butcher cattle pricing
(Ag.calgarystampede.com)
Livestock

Calgary Stampede cancelled for 2020

Province's limits on gatherings cover all major summer events

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Alberta’s confirmation that its restrictions on gatherings include all annual summer events has led organizers of the Calgary Stampede to cancel the event for the first time in 97 years. “As a community celebration, the cancellation of our annual event comes with our community and public health and safety front of mind,” Stampede president Dana

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