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Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle futures losses mount; hogs rally

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures closed lower for a fourth straight session on Monday, led by initial technical selling and a retreat in wholesale beef values, said traders. Most actively traded December live cattle closed 1.075 cents per pound lower at 101.650 cents, and settled nearly par with the 40-day moving average
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle, hog futures extends losses

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Friday settled in negative territory for the third straight day after cash prices fell short of investors’ expectations, said traders. CME live cattle losses mounted after falling below technical support levels, which triggered sell stops and fund liquidation. Most actively-traded December live cattle closed 1.350 cents
Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Live cattle, hog futures stumble on profit-taking

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Chicago/Reuters – Chicago Mercantile Exchange live cattle futures finished lower on Thursday, hit by profit-taking and early-session technical selling, traders said. Investors sold the October contract and simultaneously bought deferred months, in a trading strategy known as bear-spreading. Most actively traded December live cattle closed 1.300 cents per pound lower at 104.075 cents, and February
(Regis Lefebure photo courtesy ARS/USDA)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hogs surge on technical buying, cattle mostly higher

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Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures soared three per cent on Wednesday, rebounding on technical buying from the steep losses seen in the previous session, traders and analysts said. Cattle futures also were mostly higher, even as some contracts edged slightly lower after hitting one-month peaks. Higher prices for wholesale beef
(Dave Bedard photo)
Hogs, Livestock

Maple Leaf profit jumps by over 70 per cent

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Reuters — Meat processor Maple Leaf Foods on Wednesday reported a 70.4 per cent jump in quarterly profit as lower costs and higher prices boosted earnings at its prepared meats business. Maple Leaf said adjusted operating earnings in its meat products unit, the company’s primary source of income, more than doubled to $65.93 million in
(Photo courtesy ARS/USDA)
Hogs, Livestock

PED outbreaks slow, but still top of mind in Ontario

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Swine Health Ontario dedicated its recent annual Big Bug Day to continuing toward the goal of eradicating porcine epidemic diarrhea (PED) from Ontario. Martin Misener, a vet and chair of the Ontario Swine Health Advisory Board, challenged the hog industry to not get complacent about stopping PED. Misener noted he had heard from people who
(VDL.umn.edu)
Hogs, Livestock

Cull sows no longer stopped at U.S. border

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Canada’s swine industry appears to have dodged what could have been an economic catastrophe with quick action on senecavirus A. In August this year, 13 Ontario animals were identified with lesions on their snouts or hooves at a processing plant in the U.S., triggering a memo from the U.S. Food Safety and Inspection Service to
A current aerial photo of HyLife’s packaging plant in Neepawa. Expansion plans include increasing the plant by 130,000 square feet.

Hogs, Livestock

International success leads to HyLife expansion

After finding success overseas in the Asian markets, Manitoba pork processor, 
HyLife will be undertaking a major expansion to keep up with demand

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A planned expansion at the HyLife pork-processing plant in Neepawa is good news for the entire hog sector. HyLife is planning a major expansion of the company’s finishing and processing capacities, a move made necessary by strong demand for its products, the company says. We produce a great product and consumers want to buy it,
Workers bone and cut beef at a meat-packing plant in Toronto.
Beef cattle, Hogs, News

Farm and agri-food employers hail call for foreign worker reform

A new parliamentary report backs their recommendations to fix critical shortage of workers, 
but will the federal government act on them?

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Farm employers and food processors are hoping a new report will spur Ottawa to revamp its temporary foreign worker program. “There are a lot of things in the report that are very positive for ag and agri-food,” said Mark Chambers, senior production manager with Sunterra Farms and co-chair of the Agriculture and Agri-Food Labour Task

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