Livestock
Meat packers continued to see profit margins stay in the red
Livestock
U.S. livestock: feeder cattle futures gain boost from corn market weakness
Meat packers continued to see profit margins stay in the red
U.S. livestock: Live cattle futures extend profit-taking slide
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group fell on Tuesday for a fourth session on profit-taking after last week’s contract highs, and a month-long slide in wholesale beef prices that erased meat packers’ profit margins, analysts said. CME August live cattle futures LCQ3 settled Tuesday down 0.450 cent at 178.300 cents
Survey says Canadians want cage-free eggs but purchase choices don’t agree
The Canadian egg-farming sector is about halfway into a transition to enriched cage housing
Do Canadians want cage-free eggs? Survey says yes. But the data says they’re not voting with their wallets. In a survey of more than 1,000 Canadians, 72 per cent of respondents said Canada’s code of practice should ban caged confinement of laying hens. The survey, released this summer, comes from Bryant Research, a U.K. firm
U.S. livestock: live cattle futures end mixed; feeders pressured as corn soars
Persistent poor pasture conditions pushing producers to place more cattle in feedlots: analysts
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group closed mixed on Monday, with nearby contracts pressured by surging feed grain prices and bearish data in Friday’s monthly U.S. Cattle on Feed report. CME August live cattle futures LCQ3 settled down 1.275 cents at 178.750 cents per pound and most-active October LCV3
Vietnam approves commercial use of first African swine fever vaccines
U.S. Agriculture Secretary says farmers may purchase as precaution despite no domestic cases
Hanoi | Reuters – Vietnam has approved the domestic commercial use of two home-grown vaccines against African swine fever, the government said on Monday, making them the world’s first commercial vaccines against the deadly disease. The vaccines include NAVET-ASFVAC, co-developed by Navetco Central Veterinary Medicine and scientists from the United States, and AVAC ASF LIVE
Klassen: tight supplies continue to underpin feeder complex
Feedlot operators shrug off past week's rally in the corn market
Compared to last week, Western Canadian yearling markets traded $2-$5/cwt higher on average while calves were up $5/cwt to as much as $10/cwt in some cases. Feather light calves under 500 pounds reached fresh historical highs with 300-400 pound steers trading from $400-$450/cwt in Southern Alberta. Finishing feedlots continue to be aggressive on yearlings for
At Ag in Motion: New tester monitors bull fertility
Glacier FarmMedia – Slow-swimming bull sperm will have no place to hide. A Scottish company, Dyneval, has created a new semen analyzer that measures a wider range of concentrations of semen than previous testing methods. This will allow veterinarians, beef and dairy producers to have more control over semen quality. The Dynescanl analyzer is also
At Ag in Motion: Water trough monitoring made easier
Glacier FarmMedia – Imagine being able to run to the lake without worrying about water trough levels for grazing cattle. That’s the scenario that drove Katlin and his brother Dustin Lang, of Vibank, Sask., to found a company to provide a water trough monitoring system. Designed for troughs that are connected to solar systems out
U.S. Livestock: cattle futures fall, supplies remain tight
USDA says farmers raising the fewest number of beef cows since 1971
Chicago | Reuters – Chicago Mercantile Exchange Group live cattle futures weakened on Friday but remained near all-time highs hit a day earlier as traders squared positions ahead of key government supply reports. Traders said that the market faced pressure from profit-taking but weakness in the corn market helped limit the decline. August live cattle futures
CFIA license deadline looms
Affected parts of the poultry sector have until Nov. 9 to make the change to a new system
Canada’s poultry hatcheries and supply flocks have just under four months to complete their transition to the Canadian Food Inspection Agency’s new licensing system. The CFIA sent a reminder of the deadline June 23. By Nov. 9 of this year, under the new rules, flocks and hatcheries with CFIA permits must have a preventive control plan