File photo of a truck arriving at a Smithfield Foods pork plant at Smithfield, Va. on Oct. 17, 2019. (Photo: Reuters/Tom Polansek)

Smithfield Foods to pay US$75 million in pork price-fixing settlement

Follows similar settlement by JBS

Reuters — Smithfield Foods has agreed to pay US$75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in the $20 billion-a-year U.S. pork market by limiting supply. A preliminary settlement in the antitrust case was filed on Tuesday night with the federal court […] Read more


CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME December hogs extend slide on long liquidation

Cattle futures down on demand concerns

Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange continued their slide on Wednesday, hitting a nine-month low on recession worries and long liquidation. CME October hogs ended up 0.675 cent at 89.375 cents/lb. (all figures US$). But most-active December hogs fell 0.425 cent to settle at 75.825 cents/lb. after […] Read more

Lice may not be the only culprits causing itching. Environmental sensitivities, premature seasonal shedding and dry skin could also drive cattle to scratch.

Itchy cattle? It may not be lice

Everything from nutritional deficiencies to mites can trigger scratching in cattle

A spike in complaints about its product’s ineffectiveness against itchy cattle drove Solvet, a Canadian veterinary pharmaceutical firm, to investigate the potential causes and to look for relief. “This has become a bigger problem than it used to be,” says Dr. Denis Nagel, a consulting veterinarian with the company, as well as with Alberta Veterinary […] Read more


The price of yearlings coming off grass has increased steadily through the last month.

Good buyer demand pushes feeder cattle prices higher

The Markets with Deb McMillin, from the September 27, 2022 issue of Canadian Cattlemen

Fed cattle The Alberta fed cattle average set new highs each week as the market entered September. This contra-seasonal price pattern is a result of manageable summer supplies, solid demand and a softer Canadian dollar. It is encouraging to see beef demand and retail sales remain strong as consumers navigate inflation across North America. At […] Read more

CME December 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (brown and black lines, right column) and CME cash Lean Hog Index (pink line, left column). (Barchart)

U.S. livestock: CME hogs tumble to nine-month low on recession fears

Chicago live cattle end mixed

Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange fell for a fifth consecutive session on Tuesday, touching a nine-month low as fears of a recession hurting consumer demand for meat triggered another round of long liquidation, traders said. Sliding prices for cash hogs and wholesale pork added to bearish […] Read more


Checking cattle at a feedlot. Researchers are working on a new test to identify the type of bacteria behind individual cases of bovine respiratory disease.

Eliminating guesswork with an accurate chute-side BRD test

Researchers are working on a simple test that would detect the presence of three common BRD-causing bacteria

Bovine respiratory disease (BRD) has long been the most serious respiratory challenge facing the beef industry, causing half of all cattle deaths from disease in North America. Its identification in individual animals almost always comes after the bacterial infection has established itself, causing an antibiotic response to play from behind. During a networking event in […] Read more

Photo: Canada Beef

Klassen: Steady demand underpins feeder cattle complex

Compared to last week, Alberta yearling markets traded $2-$4 on either side of unchanged; however, 800-pound-plus cattle in Manitoba and Saskatchewan appeared to trade $4-$6 higher. Yearling prices across the Prairies are now relatively even with no freight discounts from major southern Alberta markets. Calf markets are becoming more defined with larger volumes on offer. […] Read more


A container terminal at the Port of Vancouver. (FangXiaNuo/E+/Canada)

U.K. is asked to reconsider ag tariff in Trans-Pacific talks

Tokyo | Reuters — Japan, Australia and other members of a trans-Pacific trade pact have asked Britain to reconsider tariff conditions in its entry negotiation talks, Jiji news reported on Monday. Britain has opposed expanding the target of tariff-free items, particularly among agricultural products, to near 100 per cent as set by the Comprehensive and […] Read more

CME December 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle, hog futures fall to multi-month lows

Recession fears eat at demand expectations

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a two-month low on Monday and the benchmark December lean hogs contract hit an eight-month low as worries about the U.S. and world economy triggered a round of long liquidation, analysts said. “This market is looking for positive news, and not finding a lot. […] Read more