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CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hog futures rise on cash market strength

November feeder cattle also end higher

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Chicago | Reuters — Chicago Board of Trade hog and cattle futures rose on Wednesday, following gains made in the cash market earlier this week, traders said. CME December lean hog futures gained 0.9 cent to settle at 87.375 cents/lb. (all figures US$). The contract faced technical resistance at the high end of its 20-day
...protein is increasingly being used as a political weapon to fight climate change, not just for nutrition.
Op/Ed, Opinion

Opinion: Politicizing proteins

Dietary choices are personal, not political, and undue coercion is unacceptable

By
During the current election campaign in La Belle Province, one political party recently proposed a protein shift in public cafeterias and institutions by offering a menu made up of 50 per cent plant-based protein meals. In the same vein, the party also suggested that 70 per cent of food products served in public institutions be
(Sollio Co-operative Group video screengrab via YouTube)
Hogs, Livestock, Markets

Pork packer Olymel laying off dozens of managers

Market unpredictability, 'growth challenges' cited

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Major Canadian pork and poultry packer Olymel has laid off 57 people from its management ranks and eliminated another 120 administrative positions, citing the company’s current “market context and growth challenges.” Olymel, the meat packing arm of Quebec-based Sollio Cooperative Group, said Tuesday its affected employees were notified Monday and have received their layoff notices.
CME December 2022 live cattle (candlesticks) with 40-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures hit over seven-year high

CME lean hogs also close higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose on Tuesday and the front-month contract hit its highest in more than seven years on strength in the cash market, traders said. Hog futures were also firm, with chart-based buying after contracts broke through key technical resistance points on Monday. CME December lean hog
CME December 2022 live cattle (candlesticks) with 20-, 30- and 50-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle, hog futures hit multi-week highs

November feeder cattle end lower

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Chicago | Reuters — Chicago Mercantile Exchange hog and live cattle futures rallied to multi-week highs on Monday. CME December lean hog futures rose 2.7 cents to settle at 84.95 cents/lb. (all figures US$). The contract peaked at 85.1 cents, its highest since Sept. 23, and rose above its 100-day and 200-day moving averages during
CME December 2022 lean hogs (candlesticks) with 20-, 30- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Lean hog futures rise on good demand

Cattle futures mostly lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a near three-week high on Friday as strong demand and improved pork packer margins sparked buying ahead of the weekend, traders said. Another solid week of pork export sales added support, soothing concerns about rising supplies of market-ready hogs, they said. “Demand is
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hogs mostly down on weak margins, inflation worries

Beef packer margins in negative territory

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Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures ended mostly lower on Thursday on eroding meat packer margins and as soaring inflation raises demand concerns, traders said. Technical selling and profit-taking further fueled declines in livestock futures after live cattle and lean hog contracts touched 2-1/2-week highs this week. A U.S. Labor
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle mostly up with consumption forecast

Chicago lean hogs also up on day

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firmer on Wednesday as wholesale beef prices stabilized after a recent slide and as a monthly government report helped to temper concerns about waning consumption. Gains were capped by eroding beef packer margins, although cattle demand is likely to remain high this week
Topigs Norsvin Canada general manager Cam McGavin stands outside the incoming Innova Canada site in western Manitoba.
Hogs, Livestock, News

Topigs Norsvin to open new nucleus barn

Nucleus site marks deeper Manitoba roots for global pig genetics company

By
The gene pool for purebred hogs in Manitoba is about to get a little deeper. Construction is entering its final phase at Innova Canada, the latest Manitoba site for global hog genetics company Topigs Norsvin. The facility north of Plumas will be a new breeding and gestation nucleus site for the company. Cam McGavin, general
News

U.S. plans rule to protect livestock farmers from company retaliation

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Reuters – The U.S. Department of Agriculture is proposing regulations to prevent meat companies from retaliating against livestock and poultry farmers who speak out on practices such as price-fixing. The USDA also said it would work with state attorneys general to investigate anticompetitive practices in the agricultural sector that contribute to inflation. The moves aim

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