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CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hogs limit down as grocery panic eases

Widespread layoffs raise concern over beef demand

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Chicago | Reuters — U.S. lean hog futures fell their daily three-cent limit on Thursday on signs that a consumer meat-buying frenzy has cooled, allowing traders to re-focus on plentiful U.S. hog and pork supplies, traders said. The benchmark June lean hog futures contract on the Chicago Mercantile Exchange settled down three cents at 68.75
(JBSs.infoinvest.com.br)
Livestock, Markets

JBS sees steady trade flows but flags export woes

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Sao Paulo | Reuters — Brazil’s JBS, the world’s largest meatpacker, has said the COVID-19 coronavirus epidemic could cause container shortages, port disruptions and other logistics issues, but said trade flows should stay strong thanks to Chinese demand. In a conference call to discuss earnings results on Thursday, JBS executives said its export operations had
Editorial, Farmit Manitoba, Other

Editorial: Coronavirus situation offers strange times

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I’m sure most of us are feeling a sense of other-worldliness these days. It’s like we’re suddenly at war, but against an unseen enemy. The prime minister holds daily briefings outside his residence, while observing his own self-quarantine. The U.S. border has slammed shut for weeks and possibly months to anything but essential traffic. Domestic
Pork processors are grappling with social distancing and employees who are suddenly without childcare.
Hogs, News

Pork sector looks for coronavirus answers

COVID-19: The pork sector’s labour- and human-intensive production system has added an extra challenge to maintaining the value chain

By
Andrew Dickson has had a busy few days. The general manager for the Manitoba Pork Council, Dickson has been on the phone, both dealing with his own organization’s steps towards social distancing and trying to deal with the looming concerns of the pork industry in the face of the COVID-19 pandemic. For an industry like
(Gelmold/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

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MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures end mostly lower

Hogs also ease as rally pauses

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Chicago | Reuters — Benchmark June live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday for the first time in five sessions as the market paused after a sharp rally driven by soaring retail beef prices. Wholesale beef prices jumped and packer profit margins skyrocketed this week as the COVID-19 coronavirus pandemic
Comment, Opinion, Other

Comment: February was a paradox. March delivered a pandemic

Coronavirus is taking the spring out of spring

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February is a paradox. Leap year or not, it’s the shortest month of the year yet it always feels like the longest month of winter. Then March appears with its light, colour, and hope. That’s what is needed this March as political leaders, markets, and the world economy tumble into a virus-choked mudhole. Worse, this
News

Portage Coronavirus testing site announced

COVID-19: Three more cases of the virus outside Winnipeg announced

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A dedicated Coronavirus testing site will open in Portage la Prairie “in the next few days,” provincial health officials announced March 25. Additional sites will open in the Prairie Mountain and Interlake-Eastern health regions soon, said Lanette Siragusa, chief nursing officer with Shared Health. The twelfth testing site opening in Winkler on March 25, joining

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