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Daily Network News

  • File photo of a CFIA vehicle. Photo: File

    B.C. ostriches culled, CFIA confirms

    2 days ago
  •  Photo: Canada Beef

    U.S. livestock: Cattle, hogs end week on high note

    2 days ago
  • U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops

    2 days ago
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Pigs


iStock / Getty Images
Markets, Reuters

U.S. livestock: Lean hogs retreat in nearby contract after rally

Cattle futures declined in a retreat from rallies on Friday

By Reuters, Tom Polansek, GFM Network News March 5, 2024
Chicago Mercantile Exchange lean hog futures on Monday ended lower in the front-month contract in a setback from strong recent gains, traders said.

Pascal Houle, Chief Executive Officer of Sollio Cooperative Group at its 2024 annual general meeting. (CNW Group/Sollio Cooperative Group)
General, Livestock

Olymel parent company posts profit after plant closures

The company closed plants in Ontario, Quebec, and slowed production in the west in 2023

By Geralyn Wichers, GFM Network News March 4, 2024
Sollio Cooperative Group, parent company of meat processor Olymel, says it’s back in the black after a period of losses led to closures and cut-backs.


Photo: Canada Beef
Markets, Reuters

U.S. livestock: Livestock futures rally on technical trading, wholesale pricing

Pork cutout prices firmed, particularly for bellies

By P.J. Huffstutter, Reuters, GFM Network News March 1, 2024
Chicago Mercantile Exchange cattle futures rebounded on Friday, capping a volatile week of trading with a flurry of technical moves amid signs that consumer demand for beef remains strong.

Photo: File
Markets, Reuters

U.S. livestock: Cattle futures continue to slide on profit-taking

Traders weigh potential impacts of Texas Panhandle wildfire's effects on cattle supply

By P.J. Huffstutter, Reuters, GFM Network News February 29, 2024
Chicago Mercantile Exchange feeder cattle futures fell again on Thursday, amid ongoing profit-taking as some market participants sought cover as cash prices continue to stay firm, traders said.


File photo of signage outside Maple Leaf Foods’ Lagimodiere Boulevard plant in Winnipeg. (Dave Bedard photo)
General, Markets

Maple Leaf combines plant, meat protein divisions

Meat sales struggle in fourth quarter, plant sales drop

By Geralyn Wichers, GFM Network News February 29, 2024
Maple Leaf will merge its plant and meat protein divisions and plans to expand in the U.S. market, the company said in February. 

Photo: File
Markets, Reuters

U.S. livestock: CME feeder cattle slide on profit-taking

June hogs set highest price in nearly a year

By Reuters, Tom Polansek, GFM Network News February 28, 2024
Chicago Mercantile Exchange feeder cattle futures crumbled on Wednesday on profit-taking after the market reached a four-month high this week, analysts said.


JBS signage at Greeley, Colorado. (JBS.com.br)
General, Livestock, Reuters

New York sues meatpacking giant JBS over climate claims

Attorney general calls company's emissions goals 'infeasible'

By jonathan-stempel, Reuters, GFM Network News February 28, 2024
JBS, the world's largest beef producer, was sued on Wednesday by New York state's attorney general, which accused it of misleading the public about its impact on the environment in order to boost sales.

Photo: daoleduc/iStock/Getty Images Plus
General

Canada-made sustainability index gets funding boost

A pilot version of the index was published in May of 2023

By Geralyn Wichers, GFM Network News February 27, 2024
The federal government has pledged more than $3.1 million for the continued development of a made in Canada sustainability index for agricultural products.


File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: CME live cattle rise on tighter US supply expectations

June hogs rose to highest level in nearly a year

By Reuters, Tom Polansek, GFM Network News February 26, 2024
Chicago Mercantile Exchange live cattle futures crept higher on Monday on expectations that U.S. supplies will continue to tighten, analysts said.

(WPohlDesign/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Cattle rally on fund buying, cheaper feed

Hogs mostly rose for the seventh straight session on strong cash hog prices, traders said

By P.J. Huffstutter, Reuters, GFM Network News February 23, 2024
Chicago Mercantile Exchange (CME) cattle futures rallied on Friday, as funds continued to flock into the market and the cost of feed prices fell sharply, market analysts said.


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