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Tag Archives Beef Cattle

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'

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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
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

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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
Workers in the JBS beef plant at Brooks, Alta. appear in a screen shot from a 2018 corporate video. (JBS Canada video screengrab via YouTube)
Beef Cattle, Livestock

Third major Alberta beef plant confirms COVID-19 cases

JBS in Brooks is the latest with infected workers, but will continue operations

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UPDATED, April 17 — Cases of COVID-19 have now been confirmed at three of Alberta’s major beef packing plants. Three cases of COVID-19 were confirmed Wednesday at the JBS beef packing plant in Brooks, said Tom Hesse, Local 401 president with United Food and Commercial Workers (UFCW) Canada. JBS Canada spokesman Cameron Bruett confirmed some […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Beef cattle producers seek new set-aside plan

Cattle groups, Tories call for revival of BSE-era program

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Canada’s beef cattle producer groups and federal Conservatives want to see the revival of a BSE-era program to hold cattle back against the risk of further lost options for slaughter. The Canadian Cattlemen’s Association on Monday hearkened back to its March 24 list of recommendations to the federal government for support measures against the impacts […] Read more
CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures recover

Cargill cuts more beef shifts, Smithfield shuts more pork plants

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Chicago | Reuters — U.S. cattle and hog futures advanced on Wednesday as the markets recovered slightly from recent losses that traders said had dropped prices too far below the cash markets. Futures prices have tumbled recently as major meat companies have shut slaughterhouses due to the spread of the new coronavirus among employees. The […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise as traders hope slaughterhouses reopen soon

Hogs more sensitive to packer disruptions

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Chicago | Reuters — U.S. cattle futures rose Tuesday in a turnaround from recent losses, supported by a temporary easing of concerns over meat plants’ shutting due to cases of the COVID-19 coronavirus among workers, analysts said. Livestock markets have been fixated on shutdowns of meat plants because processing disruptions cause a backup in supplies […] Read more
(MartineDoucet/E+/Getty Images)
Beef Cattle, Dairy Cattle, Livestock, Markets

Beef Farmers of Ontario ask for curb on cull sales

BFO concerned over processing 'backlogs'

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Updated, April 15 — Ontario’s cattle producer organization is asking members to consider delaying sales of cull cows until market conditions “normalize.” Beef Farmers of Ontario’s board on Thursday published a memo to beef and dairy cattle producers, asking them to help “prevent a further surge in cull cows in the market” — especially of […] Read more
(iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: June hogs, cattle plunge limit down

COVID-19 shuts more U.S. meat processors

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Chicago | Reuters — U.S. livestock futures tumbled on Monday on worries about declining U.S. meat processing capacity after Smithfield Foods announced Sunday it would indefinitely shut one of its pork plants due to novel coronavirus infections among workers. The closure at Sioux Falls, S.D., affecting four to five per cent of U.S. pork production, […] Read more
(File photo by Dave Bedard)
Beef Cattle, Livestock

Cargill halts second shift at High River beef plant

'Additional safety measures' also in place, company says

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Cargill is temporarily idling its second shift at one of Canada’s biggest beef packing plants to “minimize the impact” of the COVID-19 coronavirus. The company announced Monday it would reduce shifts at its High River, Alta. beef plant, about 40 km south of Calgary, effective that day and until further notice. “Our goal is to […] Read more
(PerformanceLivestockAnalytics.com)
Beef Cattle, Livestock

Zoetis buys livestock data management firm

Performance Beef platform to expand drugmaker's 'precision' production offering

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The producer of livestock drugs such as Draxxin, Bovatec and Excede is buying space in the “precision livestock farming” market with a deal for a U.S. livestock data management firm. New Jersey-based Zoetis, which makes drugs and vaccines for the beef and dairy cattle, equine, swine, poultry and sheep sectors as well as cats and […] Read more

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