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(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock, Markets, Reuters

Coop Federee to offer Olymel stake

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Reuters — Quebec-based La Coop Federee, one of Canada’s biggest farmer co-operatives, is offering for sale up to 49 per cent of pork processor Olymel, to help fund expansion in Western Canada, CEO Gaetan Desroches said in an interview. La Co-op would retain control of Olymel, which along with Maple Leaf Foods is one of […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: Brisk beef demand pushes CME live cattle higher

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Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts rose on Wednesday, driven by upward-trending wholesale beef values that may underpin prices for market-ready, or cash, cattle by Friday, traders said. Thinly-traded spot February, which will expire on Feb. 29, closed down 0.025 cent/lb. to 136.975 cents (all figures US$). April ended 0.65 […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Surging beef prices float CME live cattle higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday following a steep rise in wholesale beef values that could help underpin cash prices later this week, traders said. February closed 0.525 cent/lb. higher at 136.95 cents, and April ended at 135.5 cents, up 0.875 cent (all figures US$). The morning’s […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Markets

Pork market looks to improve by spring

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CNS Canada — Canadian pork prices are feeling a modest bump upward as healthy U.S. exports clean up some excess North American pork supplies. Canadian slaughter-weight prices hit their lows in November and December — and since then, they have increased about 30 per cent, according to Brad Marceniuk, a livestock economist for Saskatchewan’s agriculture […] Read more
Good looking woman pouring liquid in a tube
Livestock

The AMR dilemma: Part 3

Animal Health: Turning the tide

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While it may not be possible to solve the antibiotic resistance issue, it is possible to stop talking past the issue and work co-operatively to forge a way forward. Dr. Lonnie King, dean, Ohio State College of Veterinary Medicine in his keynote address to the National Institute of Animal Agriculture (NIAA), November 2014, was confident […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle move higher with beef prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled higher on Monday, buoyed by the morning’s wholesale beef price turnaround, traders said. Buy stops and fund buying contributed to CME live cattle futures advances, they said. February closed 1.05 cents/lb. higher at 136.425 (all figures US$). April ended at 134.625 cents, up 0.675 […] Read more
Expect cattle market volatility to continue
Livestock, Prime cuts

Expect cattle market volatility to continue

Prime Cuts with Steve Kay, from the February 2016 issue of Canadian Cattlemen

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The North American meat and livestock industry got a welcome pre-Christmas present when Congress repealed the beef and pork parts of the country-of-origin labelling law. The move brought relief and a certain rejoicing in all three countries. Not only can normal movement of livestock resume without costly segregation, potentially disruptive retaliatory tariffs were avoided. The […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle close mostly weak before USDA report

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Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts settled lower on Friday, after investors tweaked positions ahead of the afternoon’s U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, traders said. February closed up 0.225 cent/lb. to 135.375 cents, April ended 0.425 cent lower at 133.95 cents and […] Read more

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