Shipping woes to squeeze China’s soybean stocks

Reuters – China’s soybean stocks are set to tighten further as delays in shipments from the United States deepen shortages of key animal feed ingredient soymeal, keeping prices at record highs. Ships carrying up to three million tonnes of U.S. soybeans, which were scheduled to arrive this month and in November, are likely to be




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U.S. livestock: Supply concerns drive CME live cattle to new contract high

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher and reached a new contract high on Wednesday amid concerns about tightening U.S. supplies, brokers said. Strong recent gains have left the market technically overbought and due for a setback, brokers said. “We’ve had a nice rally here,” said Matt Wiegand, commodity broker


Photo: Canada Beef Inc.

U.S. livestock: Live cattle futures turn lower after setting contract highs

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures ended mostly lower on profit-taking on Tuesday as the market pulled back from contract highs, analysts said. The market consolidated after recent gains, though analysts said cash cattle prices are expected to strengthen this week. Most actively traded December live cattle LCZ2 ended 0.825 cent lower at

Farmers and animal welfare advocates understand that if California wins, states with the most progressive animal welfare policies will be able to effectively set national standards...

Comment: U.S. Supreme Court weighs animal welfare issue

California law could have far-reaching implications for hog producers

Should Californians be able to require higher welfare standards for farm animals that are raised in other states if products from those animals are to be sold in California? The U.S. Supreme Court is confronting this challenge in a suit now before it. Pork producers are challenging a law that California voters adopted in 2018


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U.S. livestock: Live cattle futures jump to 7-year peak as U.S. herd shrinks

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rallied to a fresh seven-year high on Monday, lifted by expectations for tightening supplies following a monthly U.S. Department of Agriculture (USDA) cattle supply report, traders said. Several actively traded nearby contracts posted life-of-contract highs after the USDA’s cattle-on-feed report, released after the market closed on

‘When farmers view themselves as commodity producers, there can be a tendency to think that the responsibility for their products ends upon delivery to the processing facility or the elevator. That is not the case.’ – Cam Dahl.

Comment: We are food producers

Inside agriculture they might be commodities, but at the grocery store, what you produce is food

Farmers are often referred to as “producers” – wheat producers, canola producers, cattle producers, hog producers, etc. While these references are logically rooted in the commodities grown on individual farms, they don’t provide a bridge to consumers filling their grocery carts. If we change the way we look at what farmers do, away from these



CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Live cattle futures extend gains

Chicago hog futures weak

Chicago | Reuters — Chicago Board of Trade live cattle contracts rose on Thursday, touching a fresh seven-year high, with tight supplies boosting cash market prices and lending support to futures. Hog futures eased after rising in five of the previous six sessions, but losses were kept in check by signs of good consumer demand.