Livestock
Livestock
Manitoba cattle prices, Nov. 17
Workers at Maple Leaf’s Lagimodiere plant in Winnipeg give overwhelming strike mandate
Workers at the Maple Leaf Consumer Foods plant on Lagimodiere Boulevard in Winnipeg, voted 98 per cent in favour of a strike mandate on Nov. 15.
Klassen: Beef demand uncertainty weighs on feeder market
For the week ending November 15, Western Canadian feeder cattle markets traded $8-$10/cwt below values from seven days earlier. The cash market held value early in the week as the feeder cattle futures experienced a fortuitous bounce. However, weaker feedlot margins and longer term uncertainty regarding beef demand resulted in a softer tone in the
U.S. livestock: Cattle futures rebound after tariff reduction news
Chicago cattle futures opened lower before rebounding to close up on Monday. Lean hog futures settled on either side of unchanged. “Friday’s announcement on tariff reductions towards Brazil was seemingly blown out of proportion,” wrote analyst Christopher B. Swift. “I could not understand why such a lower opening on a 10 per cent reduction of
Pig shipments to U.S. slow as new COOL looms
Some U.S. processors shun Canadian pigs ahead of country of origin labelling enforcement
A Manitoba pork marketer says some U.S. processors have shut their doors to Canadian pigs as enforcement of U.S. voluntary country of origin labelling (vCOOL) looms.
Better pig data with biodegradable ear tags
Manitoba-made ear tag dissolves during hog processing, promises farmers easier path to data-driven, pig-specific farm management decisions
A Manitoba-made dissolving ear tag, called Clean Trace, could reduce processing challenges and enable more individual pig management on Canadian farms.
Beef-on-dairy makes cattle market ripples
Beef-on-dairy means that things that have never weighed heavily on beef cattle prices before, like milk demand, are suddenly a bigger part of the equation, economist says
Beef-on-dairy calves are popular, but an economist flags potential market risks from that popularity. The Canadian veal industry has already felt them.
U.S. livestock: Cattle, hog futures rise on first WASDE since September
Chicago cattle and hog futures made modest gains on Friday after the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) since the the U.S. government shut down on October 1. Most-active February live cattle futures rose by 0.575 cents to close at 219.525 cents a pound. December contracts settled at 219.150 cents
JBS profit falls amid still-challenging US market environment
JBS, the world’s largest meat company, reported a net profit fall in the third quarter in spite of a rise in global net sales amid a still-challenging beef market environment in the U.S., according to an earnings statement on Thursday.
U.S. livestock: Cattle futures continue downward
Cattle futures on the Chicago Mercantile Exchange were weaker on Thursday, as a lack of fresh news continued to weigh on values. The December live cattle contract dropped 6.275 cents per pound at 219.000 cents. Feeder cattle fell 9.025 cents in the January contract at 318.450 cents per pound. The U.S. Department of Agriculture reported
Cyber-Savvy Farmer
