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CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures up two per cent

U.S. feedlot data, beef prices supportive

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Chicago | Reuters — U.S. cattle futures closed higher on Monday, buoyed by Friday’s supportive monthly Cattle on Feed report, rising wholesale beef prices and strength on Wall Street tied to hopes for a COVID-19 vaccine, traders said. “All of the above (suggest) optimism for the meat market,” said Jason Roose, analyst and broker with […] Read more
Woodjam Ranch is located next to the Horsefly River, in the Cariboo region of British Columbia.
Beef Cattle, Features, Livestock

B.C. ranchers honoured for protecting watersheds

The Seelhof family works hard to protect the river and tributaries that run through their ranch, as well as manage invasive species and rotate grazing and feeding grounds

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In a truly strange set of circumstances, when Chad Seelhof heard about the BSE announcement, he was in a cattle liner about to relocate from Paradise Hill, Sask., with his parents Louis and Ellie, to the Cariboo region of British Columbia. Chad recalls hearing the report on a radio broadcast. “I really wondered what the […] Read more
(Innovafeed.com)
Livestock, Reuters

ADM, InnovaFeed to build world’s biggest insect protein plant in Illinois

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Chicago | Reuters — U.S. grain trader and processor Archer Daniels Midland and French biotech company InnovaFeed announced plans on Thursday to build the world’s largest insect protein plant at Decatur, Illinois. The announcement comes amid rising global feed grain prices and tightening supplies, and as more companies work toward reducing the carbon footprint of […] Read more
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures tumble on demand worries

Corn values also weigh on feeder cattle, hogs

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Chicago | Reuters — U.S. cattle and hog futures tumbled on Thursday on worries about demand for beef and pork as soaring coronavirus infections across the country threatened more restaurant and food service closures and forced more Americans to shelter at home. Investors also fear a repeat of the livestock processing disruptions seen in the […] Read more
CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures retreat as COVID surge stokes demand worries

CME lean hog futures end mixed

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Chicago | Reuters — U.S. cattle futures fell on Wednesday as rising coronavirus infection rates stoked concerns about potential supply-chain disruptions and reduced demand for beef as health restrictions shutter restaurants and discourage travel. U.S. stocks dove on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against encouraging vaccine developments. An April plunge […] Read more
An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)
Livestock, Markets, Reuters

Irritated trade partners push back on China’s coronavirus food tests

Canada rips testing as 'unjustified trade restrictions'

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Beijing/Geneva | Reuters — Major food-producing countries are growing increasingly frustrated with China’s scrutiny of imported products and are calling on it to stop aggressive testing for the coronavirus, which some say is tantamount to a trade restriction. China says it has found the virus on the packaging of products from 20 countries including German […] Read more
CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures climb with cash market, beef prices

Lean hog futures up on short-covering

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Chicago | Reuters — U.S. live cattle futures rose for a second straight session on Tuesday, lifted by higher cash beef prices and signs that cash cattle at feedlot auctions would trade at steady to higher prices this week. Consumer demand for beef has remained solid despite rising coronavirus infection rates that have triggered lockdowns […] Read more

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