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Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures fall; hog futures rise as traders look at cash prices

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell for the second day in a row on Friday, with traders saying that prices were still too high compared to cash market. High prices for corn and wheat that weighed on cattle producers’ profit margins added further pressure. But traders noted the opposite in
Photo: Canada Beef
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures fall after three days of gains, hogs firm

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday, snapping three sessions of gains on some profit-taking, traders said. Fresh signs of strength in the cash cattle markets had already been priced in, a trader said, and sharply higher prices for grain raised concerns about increased feeding costs. Hog futures were
Photo: Thinkstock
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures extend rally; hog contracts weaken

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose to their highest in more than seven weeks on Tuesday, with traders noting follow-through buying after the market rallied on Monday. Concerns about supplies and strength in the cash market underpinned cattle futures. CME December live cattle futures settled up 1.925 cents at 131.45 per
The Manitoba Pork Council has confirmed the first case of PED in 2021 was discovered in a sow barn in southeastern Manitoba.
Hogs, News

First PED case of 2021 confirmed

A year without new PED cases is off the board, with the year’s first case reported in late October

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Manitoba’s streak without new PED cases has come to an end. The first case of porcine epidemic diarrhea (PED) in 2021 was confirmed Oct. 25 in a sow barn near Blumenort in southeastern Manitoba, attendees of an eastern district meeting of the Manitoba Pork Council heard on Tuesday. Pork council chair Rick Préjet said trace-back
A group of wild boars running in Europe, where the pigs have caused challenges with disease spread. (iStock/Getty Images)
Hogs, Livestock

Ontario moves to phase out wild boar farming

Province, feds fund swine fever defense plans

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Hoping to improve its odds against African swine fever ever getting a toehold in Canada’s hog herds, Ontario plans to regulate Eurasian wild boar as an invasive species starting in the new year. To that end, the province is making funding available to farmers who actively breed and raise wild boar to “shift to other
Photo: Thinkstock
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME cattle futures rise on support from fewer cattle placements

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Monday, as the market continued to be bolstered by a government report showing fewer cattle placements than expected, traders said. The USDA’s monthly cattle on feed report, released after the market close on Friday, showed September cattle placements at 97% year-over-year, beneath trade estimates
Rejean Nadeau. (Photo courtesy Olymel)
Hogs, Livestock

Olymel CEO dies of ‘sudden’ cancer

Rejean Nadeau died Thursday at 71

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The CEO of Canadian pork and poultry packer Olymel has died of a “sudden and virulent cancer” at age 71, his company reported Friday morning. Rejean Nadeau, the CEO of Sollio Co-operative’s meatpacking and processing arm since 1996, died Thursday at his home at Rougemont, Que., about 25 km south of St-Hyacinthe, Olymel said in
(Dave Bedard photo)
Hogs, Livestock

U.S. considers faster hog slaughter paces based on staffing

Faster speeds seen as increasing injuries

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Chicago | Reuters — The Biden administration is considering a proposal that could allow some pork plants to slaughter pigs more quickly if they boost staffing, a union official said, after a U.S. court struck down a Trump-era rule that removed line speed limits. The proposal put forward by Quality Pork Processors, operator of a

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