Daily Network News

More News →

Livestock Livestock

CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures firm

Cattle futures slip with stock sell-off

By ,
Chicago | Reuters — CME Group hog futures advanced for the second day in a row on Tuesday, with supplies remaining tight due to shutdowns at slaughterhouses due to the coronavirus pandemic. Cattle futures were weaker, pressured by a sharp drop in equity markets. “Cattle are more closely tied with the economy,” said Don Roose, […] Read more
Prime Minister Justin Trudeau speaks in the House of Commons on April 20, 2020. (Photo: Reuters/Blair Gable)
Livestock, Markets, Reuters

Canada sees no beef shortage, but prices may rise due to coronavirus

JBS plant at Brooks dials back to one shift

By , ,
Ottawa/Winnipeg | Reuters –– The Canadian government is not expecting a beef shortage despite the spread of the COVID-19 coronavirus in certain meat-packing plants, though prices may rise, Prime Minister Justin Trudeau said on Tuesday. Trudeau added that beef producers are placing a priority on supplying the Canadian market before exporting products. Canada, one of […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Uncertainty defines feeder market

'Hope' factor remains supportive

By ,
Compared to last week, western Canadian yearling prices were down $3-`$5 on average while calves were unchanged to down $2. Sales were characterized by low volumes and limited buying interest. Feedlot operators are hesitant to step forward in the current environment, with packing plants on both sides of the border reducing capacity. At the same […] Read more
CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rise on supply woes

CME cattle contracts ease

By ,
Chicago | Reuters — U.S. hog futures rallied on Monday, with supply expected to tighten after another slaughterhouse was shut down due to the coronavirus pandemic, traders said. “If we have packers up and running we know we have the domestic demand,” said Ted Seifried, chief market strategist for Zaner Ag Hedge. “It is just […] Read more
(File photo by Dave Bedard)
Beef Cattle, Livestock, Markets, Reuters

Cargill to temporarily idle High River beef plant

Packing plant hit by COVID-19 outbreak; another 67 cases linked to JBS plant

By ,
Reuters — Cargill Ltd. said Monday it had begun the process of temporarily idling its beef plant at High River, Alta. because of the COVID-19 outbreak as provincial health officials said hundreds of workers at the plant had become infected. In her daily media update, Alberta chief medical officer Deena Hinshaw said a total of […] Read more
“The problem with the dietary guidelines talking about sustainability is you have nutrition experts without any sustainability expertise.” – Shalene McNeil, National Cattlemen’s Beef Association.
Beef Cattle, Features, News

Keeping beef on the plate

Concerns about beef’s place in the Dietary Guidelines for Americans are prompting the largest beef organization in the U.S. to advocate for a focus on nutritional science

By
The latest diet trends have shone a spotlight on protein, and for good reason. The emphasis on protein in popular programs such as the keto diet provides an opportunity for beef to stake its claim as the top choice for consumers wanting more protein. “The more we get protein on their radar, the importance of […] Read more
CME May 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle mixed on hopes of economic reopening

'We're producing too many pigs for our demand'

By ,
Chicago | Reuters — U.S. live and feeder cattle futures ended mixed on Friday, with nearby contracts pressured by coronavirus-related disruptions at packing plants, while hopes for a reopening of the economy lifted deferred contracts. Actively traded June live cattle ended higher on the week, for a second straight week, after seven consecutive weeks of […] Read more
Market uncertainty continues to drive live cattle futures lower.
Beef Cattle, Markets

Reduced shifts, closures see cash cattle prices sink

The Markets with Deb McMillin, from the May 2020 issue of Canadian Cattlemen

By
Fed cattle Fed cattle cash prices in recent weeks have moved sharply lower as uncertainty in the market continues to drive live cattle futures lower. Reduced packing plant shifts and temporary closures across North America in recent weeks have pressured the market. Disruptions to consumers’ lives and livelihoods have shifted consumer spending. Product demand at […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rebound to one-week high

Lean hog trade remains focused on plant shutdowns

By ,
Chicago | Reuters — U.S. live and feeder cattle futures jumped to one-week highs on Thursday as the markets extended rebounds after diving recently on concerns about the new coronavirus backing up livestock on farms. Hog futures remained under pressure from disruptions caused by the virus, which has shut pork processing plants run by Smithfield […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Sponsored By:
More Videos →

Latest Market News

More Market News →