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Daily Network News

  • (Left to right) Jeff Mahon, Greg MacDonald and Edwini Kessie speak on a panel at the Canadian Crops Convention in Toronto on March 12. Photo: Jonah Grignon

    New strategies needed for Canadian agriculture to stand out in global trade

    2 days ago
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Pigs

Photo: Canada Beef

U.S. livestock: Cattle futures up to end week

By Phil Franz-Warkentin January 31, 2025
Live and fed cattle futures on the Chicago Mercantile Exchange posted small gains on Friday but ended the month off the contract highs hit earlier in the week.

File photo of the Canada-U.S. border crossing connecting Sarnia, Ont. and Port Huron, Michigan. (Eyfoto/iStock/Getty Images)
News, Reuters

Facing Trump tariffs on piglets and crops, Canadian farmers revise sales plans

By Ed White, Reuters January 31, 2025
Canadian farmers are renegotiating livestock contracts with U.S. buyers and finding local markets for crops they previously planned to sell south of the border to minimize the economic hit from potential new U.S. tariffs.


Photo: File
Markets, Reuters

U.S. livestock: Cattle continue slide, hogs make slight gains

By Geralyn Wichers January 30, 2025
Chicago Mercantile Exchange cattle futures continued to slide on Thursday after Wednesday's fall from highs.

Photo: Canada Beef
Beef cattle, Hogs, Livestock

U.S. livestock: Cattle futures correct off highs

By Phil Franz-Warkentin January 29, 2025
Live and fed cattle futures on the Chicago Mercantile Exchange backed away from their contract highs on Wednesday, as chart-based positioning weighed on values.


Photo: Canada Beef
Beef cattle, Hogs, Livestock

U.S. livestock: Cattle rally continues

By Phil Franz-Warkentin January 28, 2025
Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs once again on Tuesday, with expectations for declining U.S. inventories behind some of the buying interest.

(SmithfieldFoods.com)
News, Reuters

Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says

By Reuters, Tom Polansek January 28, 2025
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group 0288.HK.


FILE PHOTO: A sign with the inscription  “Beware of epidemic danger! No trespassing!” hangs on a fence in front of a farm in Mehrow, close to Ahrensfelde, Germany, January 13, 2025.    REUTERS/Axel Schmidt/File Photo
News, Reuters

Germany seeks aid for farmers after foot-and-mouth disease case

By Reuters January 28, 2025
Germany's agriculture minister will seek financial aid for farmers hit by the impact of a case of foot-and-mouth disease on a farm in east Germany, the ministry said.

Photo: File
Beef cattle, Hogs, Livestock

U.S. livestock: Cattle futures mixed Monday

By Phil Franz-Warkentin January 27, 2025
Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs on Monday, while feeder cattle ran into resistance and backed away from their own highs to settle with small losses.


(Geralyn Wichers photo)
Livestock, Markets

U.S. livestock: Cattle futures continue to surge as U.S. cattle on feed inventory declines 

By Geralyn Wichers January 24, 2025
Chicago Mercantile Exchange cattle and hog futures rose across the board on Friday with cattle continuing a run of record-setting prices.

 Photo: Canada Beef
Livestock, Markets

U.S. livestock: Cattle continue upward march

By Geralyn Wichers January 23, 2025
Cattle at the Chicago Mercantile Exchange continued their upward march on Thursday after Wednesday’s jump, while lean hogs were mixed.


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