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Livestock Livestock

(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Short-covering drives CME live cattle higher

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Wednesday, fuelled by active short-covering in anticipation of cash and wholesale beef prices bottoming out soon, traders said. Spot October finished 4.225 cents/lb. higher at 129.35 cents, and December up 2.925 cents at 136.15 (all figures US$). “So many of these holders of […] Read more
Beef Cattle, Market talk

Klassen: Feeder cattle outlook

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Feeder cattle prices reached historical highs earlier in spring and the market has been relatively stable throughout the summer. The market has been characterized by lower volumes and various quality over the past couple of months which can make it hard to define. The factors that drove the market higher during the spring time frame […] Read more
Woolwich Dairy began marketing goat cheese-based salad dressings in 2011. (WoolwichDairy.com)
Dairy Cattle, Livestock, Sheep/Goats

Saputo buys goat cheesemaker Woolwich Dairy

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Canada’s biggest cheesemaker is expanding its reach in the goat dairy market with a friendly all-cash takeover of Ontario goat cheese firm Woolwich Dairy. Montreal-based Saputo announced Monday it has paid $80 million for the family-owned cheesemaking company, including its three plants and distribution centre. Based at Orangeville, north of Guelph, Woolwich has operated since […] Read more
In praise of water, and beavers
Crops, Livestock

In praise of water, and beavers

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It frustrates me as I travel around the country witnessing how human nature can be so misguided. Sometimes we can be short sighted and forget that we need to look at the big picture.  Even though we mean no harm, some of our agricultural practices can cause more damage than we think. Today, I would […] Read more
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle limit up on beef bounce

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Chicago | Reuters — Chicago Mercantile Exchange live cattle finished up their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and bargain hunting following the spike in wholesale beef prices, traders said. Spot October and December finished at 125.125 and 133.225 cents, respectively (all figures US$). Live cattle’s trading limit will be expanded to […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle prices collapse

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Western Canadian feeder cattle prices were traded $15 to $25 below week-ago levels, suffering one of the largest declines in history. Heavier replacement cattle led the market lower, trading down $20 from week-ago levels, while feeders under 600 pounds dropped $10 to $12 on average. Feedlot operators pulled in the reins, as fed cattle dropped […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Sagging beef prices drag on CME live cattle

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle resumed their recent downtrend on Monday after the seasonal drop in wholesale beef values trimmed last Friday’s futures gains, traders said. Spot-October settled down 0.95 cent, to 122.125 cents/lb,, and December 1.15 cents lower at 130.225 cents (all figures US$). Monday morning’s wholesale choice beef price, […] Read more
(Photo courtesy Architect of the Capitol, VisitTheCapitol.gov)
Dairy Cattle, Livestock, Machinery, Markets, Poultry/Eggs, Reuters

Historic TPP deal faces skeptics in U.S. Congress

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Atlanta | Reuters –– Twelve Pacific Rim countries on Monday reached the most ambitious trade pact in a generation, aiming to liberalize commerce in 40 per cent of the world’s economy in a deal that faces skepticism from U.S. lawmakers. The Trans-Pacific Partnership (TPP) pact struck in Atlanta after marathon talks could reshape industries, change […] Read more
(PortMetroVancouver.com)
Beef Cattle, Canola, Cereals, Crops, Fruit/Vegetables, Hogs, Markets

Dawson: Ag exporters applaud historic TPP deal

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Export-oriented Canadian farmers are giving the Trans-Pacific Partnership (TPP) agreement reached in Atlanta on Monday two thumbs up. The deal, which remains to be debated in Canada’s House of Commons and could take more than a year to be ratified by all 12 member countries, will see tariffs on Canadian products in those markets eliminated […] Read more

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