Federal candidates need to understand the challenges facing today’s hog industry

Federal candidates need to understand the challenges facing today’s hog industry

Market access, labour and financing issues threaten to undermine its future

Over 7,000 pig farms in Canada produce 25.52 million animals a year and generate over $13 billion in economic activity, making the country’s swine industry the fourth-largest source of farm cash receipts of any agricultural commodity. In 2014, over 1.14 million tonnes of pork and pork products valued at over $3.7 billion were exported to

U.S. livestock: CME live cattle limit up on beef bounce

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished up their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and bargain hunting following the spike in wholesale beef prices, traders said. Spot October and December finished at 125.125 and 133.225 cents, respectively (all figures US$). Live cattle’s trading limit will be expanded to


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Sagging beef prices drag on CME live cattle

Chicago | Reuters –– Chicago Mercantile Exchange live cattle resumed their recent downtrend on Monday after the seasonal drop in wholesale beef values trimmed last Friday’s futures gains, traders said. Spot-October settled down 0.95 cent, to 122.125 cents/lb,, and December 1.15 cents lower at 130.225 cents (all figures US$). Monday morning’s wholesale choice beef price,



(PortMetroVancouver.com)

Market access, income supports come with Trans-Pacific pact

Canada’s federal government has pledged a suite of compensation programs for supply-managed dairy, poultry and egg sectors, against what it promises will be a mousehole in Canada’s tariff wall. Federal officials on Monday confirmed negotiations have concluded on the multilateral Trans-Pacific Partnership, now billed as “the largest, most ambitious free trade initiative in history.” The



pig and piglets

Genetics tool sought for hogs

Breeding pigs to have better immune responses means using fewer antibiotics and other medications

New research being led by the University of Guelph could help reduce the amount of medical intervention required in swine production. As part of a $9.8-million national research project aimed at enhancing Canada’s pork industry, a team of researchers will work to develop genomics tools that select pigs able to resist multiple diseases, improve animal

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle snap four-day losing streak

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished the week on a positive note, fueled by short-covering and bargain hunting that halted future’s four-day skid, traders said. Spot-October settled 1.675 cents higher at 123.075 cents/lb., and December 1.375 cents higher at 131.375 cents (all figures US$). CME live cattle’s Relative Strength Index (RSI)


U.S. livestock: CME live cattle again sag to two-year bottom

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Thursday slid to a two-year low for a second consecutive session, after investors sold October and bought deferred months in anticipation of more cash price weakness, traders said. Spot-October settled at 121.4 cents/lb., down 3.275 cents, and December 0.925 cent lower at 130 cents

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle hit two-year low on beef, cash prices

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Wednesday drifted to a two-year low, with October down the 4.5-cent daily price limit, as wholesale beef values and preliminary cash prices continued to sag, traders said. Spot-October settled at 124.675 cents/lb. (all figures US$). December ended 3.225 cents lower at 130.925 cents. Live