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U.S. livestock: Hog futures mixed, cattle drop

Technical selling pulls cattle futures lower

Chicago | Reuters — U.S. hog futures were mixed on Monday, with the nearby contract rising on strong export demand while deferreds eased on signs that China was making progress in rebuilding its decimated hog herd, traders said. Strength in the cash market supported the front-month December contract, which rose 2.3 per cent and hit

Pluses and minuses: COVID-19 hurts then helps beef sustainability

COVID-19 may have created a chance for sustainable beef to fall upward from an initial dip early in the pandemic

Canada’s burgeoning value chain for sustainable beef was not spared the wrecking ball that was COVID-19 earlier this year, but it hopes to find greener pastures in which to land. Why it matters: Efforts to build a separate supply chain for sustainable beef ran into challenges from market disruptions to logistical challenges with audits once

U.S. livestock: Lean hog futures retreat from 11-month high

Cattle futures down on beef demand uncertainty

Chicago | Reuters — U.S. lean hog futures ended lower on Friday on profit-taking and disappointment over export demand, after prices climbed to the highest level in 11 months. Strong domestic demand for pork continues to underpin hog futures, analysts said, with the most-active December contract surging 39 per cent on the Chicago Mercantile Exchange

Manitoba cattle sector gets COVID-19 AgriRecovery

Program to help offset costs from 'extraordinary feed period'

Manitoba cattle producers whose usual markets for finished cattle were temporarily out of reach this spring and summer may now be able to offset some of the resulting extra feed bills. Federal Agriculture Minister Marie-Claude Bibeau and her Manitoba counterpart, Blaine Pedersen, on Thursday announced the 2020 Canada-Manitoba Finished Cattle Feed Assistance Program, an AgriRecovery

U.S. livestock: Lean hog futures climb to more than 10-month high

Live cattle lower on new lockdown concerns for beef demand

Chicago | Reuters — U.S. lean hog futures on Thursday soared to their highest prices in more than 10 months, as meat demand continued to strain processor capacity and COVID-19 cases are rising in the United States, traders said. Thursday’s daily U.S. hog slaughter was 490,000 head — 2,000 fewer than the same period last



U.S. livestock: Lean hogs up on lower-than-expected inventory

CME live cattle follow cash cattle lower

Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 head — or 2,000 fewer than the same period last year, according to data published by the U.S. Department of Agriculture. For the week to

JBS parent pleads guilty to U.S. foreign bribery charges

New York/Rio de Janeiro | Reuters — Brazil’s J+F Investimentos, parent company of the world’s largest meatpacker, JBS, pleaded guilty to U.S. foreign bribery charges and agreed to pay US$128.25 million in criminal fines, prosecutors said on Wednesday. J+F is paying only half of the $256.5 million fines levied due to settlements made with Brazilian


Parker, Val and Darcy Watson accept their award jackets from Ron McDonald of the Manitoba Charolais Association after being named 2020 commercial breeder of the year.

Darcy Watson’s eye for stock earns breed association award

Cattle producer says Charolais breed has been the backbone of the family’s operation for generations

Commercial Charolais producer Darcy Watson has played with other genetics over the years, but he says those experiments have always led him back to Charolais. The Watson family has a long history with Charolais cattle. It was the breed his father ran, Watson recalled, and the one that he’s has pursued as he has grown

U.S. livestock: Cattle futures rebound on wholesale strength

Softening cash market drags on hog futures

Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, correcting after the biggest drop since June 30, amid a stronger wholesale market, traders said. Lean hogs stepped back for a second day, reflecting a softer cash market, while feeder cattle followed the cash market higher. Chicago Mercantile Exchange December live cattle futures added