CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures up as Wall Street rallies

COVID-19 worries remain in picture

Chicago | Reuters — U.S. cattle futures ended mostly higher on Monday on spillover support from soaring equities markets, although gains were limited by worries about rising coronavirus infections and likely restaurant closures. News of a second promising COVID-19 vaccine lifted both the S+P 500 and the Dow Jones Industrial Average to record highs on […] Read more

CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures sag as COVID surge threatens meat demand

Demand uncertainty also weighs on hogs

Chicago | Reuters — U.S. livestock futures slumped on Friday as soaring coronavirus cases raised expectations for lockdowns on commerce that will hurt demand for meat from restaurants, hotels and other venues, analysts said. Cities and states across the country have moved to re-impose restrictions to tame new spikes in COVID-19 infections and hospitalizations. Additional […] Read more


(JBSs.infoinvest.com.br)

JBS gears up for U.S. and Brazil expansions

Brazilian meat giant reiterates plans following strong Q3 results

Sao Paulo | Reuters — Food processor JBS SA reiterated plans to grow production capacity in Brazil and in the United States after posting strong third quarter results, executives said in a conference call to discuss earnings on Thursday. CEO Gilberto Tomazoni said 12 of the company’s plants in Brazil were being expanded, as JBS […] Read more

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

U.S. livestock: Lean hog futures move up off one-month low

Lower corn, soy values support feeder cattle

Chicago | Reuters — U.S. lean hog futures rose on Thursday in a rebound from a one-month low reached in the previous session, while live cattle futures weakened. The hog market’s recovery carried futures to their highest level since Monday. Traders said the market continues to face pressure from large U.S. supplies and uncertainty over […] Read more


Feeder cattle market digesting many variables

Feeder cattle market digesting many variables

Market Talk with Jerry Klassen

I’ve received many inquiries over the past couple of months about the market outlook for feeder cattle. Yearling prices have been very strong throughout the fall period trading at or above 52-week highs; however, prices for calves in the 500- to 700-pound weight category are down $10 to $20 from elevated levels during spring. In […] Read more

Nelson Fagan Jr. greets 10 Charolais cows at his ranch near Conception Bay South in October. (N. Fagan Meats video screengrab via Facebook)

Newfoundland beef producers backed to develop abattoirs

Three proposals get six figures each; breeding cows also provided

A provincial call for proposals to boost beef slaughter capacity in Newfoundland and Labrador has yielded three successful applicants. The provincial government on Nov. 5 announced its Beef Industry Enhancement Initiative will provide just over $1.8 million in total to its three successful proposals: $719,750 for Troy Humber of Northern Arm, about 40 km northeast […] Read more


CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures gain on boxed beef strength

Lean hog futures down with slaughter pace

Chicago | Reuters — U.S. live cattle futures climbed on Wednesday as strength in the cash market and firm beef cutout prices continued to offer support, traders said. “We’ve had a pretty decent rally on the meat side, and I think that’s certainly been a factor,” said Altin Kalo, economist with Steiner Consulting Group. Chicago […] Read more

Asian giant hornets have noticeably large orange heads and black eyes; worker hornets are about 3.5 cm in length; queens can be up to four to five cm in length, with a wingspan of four to seven cm. (B.C. Ministry of Agriculture)

Two more ‘murder hornets’ turn up on B.C. mainland

One nest found last month in neighbouring U.S. town

Beekeepers in British Columbia’s Fraser Valley and Lower Mainland are asked to keep an eye out for so-called “murder hornets” after two were found in the region within a week. A single Asian giant hornet was found Saturday at Aldergrove, near the intersection of Fraser Highway and Highway 13 — about five km from where […] Read more


File photo of a farmed mink. (Konstantin Sokolov/iStock/Getty Images)

Coronavirus kills 15,000 U.S. mink

Affected states aren't planning to cull

Chicago | Reuters — More than 15,000 mink in the United States have died of the coronavirus since August, and authorities are keeping about a dozen farms under quarantine while they investigate the cases, state agriculture officials said. Global health officials are eying the animals as a potential risk for people after Denmark last week […] Read more

CME January 2021 feeder cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Feeder cattle futures slump as corn prices surge

Hogs down off Monday's gains

Chicago | Reuters — U.S. feeder cattle futures ended lower on Tuesday after nearing a six-week high as soaring corn prices signaled that feed costs will increase. Live cattle futures finished near unchanged after setting a fresh four-week high, and lean hog futures weakened. Rising crop prices hung over the markets after the U.S. Department […] Read more