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CME February 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rebound, slaughter pace still weak

CME February live cattle up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced back on Friday, though analysts said U.S. staffing shortages caused by COVID-19 infections continued to limit meat production. Most actively traded February lean hogs touched a one-week high and ended 3.05 cents stronger at 80.9 cents/lb. (all figures US$). The contract recovered after falling […] Read more
CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs dip on concern over slower slaughter, heavier pigs

Feeder cattle up as feed grain prices drop

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Thursday amid concerns that a reduced pace of slaughtering is limiting demand for pigs that are growing heavier, analysts said. Slow slaughtering has weighed on hog and cattle futures because livestock back up on farms when they cannot be processed, traders said. Slaughtering […] Read more
A view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)
General, Markets, Reuters

Cross-border supply chains still may face disruptions from vaccine mandates

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CLARIFIED, Jan. 13 — Ottawa/Washington | Reuters — COVID-19 vaccine requirements for foreign truckers at the U.S.-Canada border still could cause supply-chain disruptions if both countries do not decide to allow exemptions, the head of the Canadian Trucking Alliance (CTA) said Thursday. Canadian truck drivers who aren’t vaccinated may enter Canada by right — but […] Read more
CME February 2022 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and black lines) and CME cash lean hog index (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog slaughter hits five-month low on Omicron spread

CME hogs up, cattle down

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on bargain buying on Wednesday, traders said, though U.S. pig slaughtering sank to its lowest level since August as rising cases of the Omicron coronavirus variant hit meat plants. Live cattle and feeder cattle futures slumped as traders remain concerned that the highly contagious […] Read more
File photo of an Ontario cherry orchard. (UpdogDesigns/iStock/Getty Images)
Crops

Ontario to extend labour-related crop loss coverage

Losses due to COVID-19-related labour disruptions covered

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A temporary crop insurance expansion that covers Ontario farms against crop losses due to “on-farm labour disruptions” caused by COVID-19 will be held over for yet another year. Agricorp, the province’s farm program delivery agency, announced in late December the feature first introduced in 2020 will be included again in 2022, at the same coverage […] Read more
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs sag on Wall Street woes, worker shortages

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Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures closed lower on Monday, pressured by declines on Wall Street along with slowdowns at slaughterhouses due to worker shortages, traders said. CME February live cattle futures settled down 1.075 cents at 136.25 cents/lb., while March feeder cattle futures ended down 1.325 cents […] Read more
(Photo courtesy Canada Beef Inc.)
General, Machinery, Markets, Reuters

Canada resists pressure to drop vaccine mandate for cross-border truckers

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Ottawa | Reuters — Canadian Prime Minister Justin Trudeau is pushing ahead with a vaccine mandate for international truckers despite increasing pressure from critics who say it will exacerbate driver shortages and drive up the price of goods imported from the United States. Canada will require all truckers entering from the U.S. to show proof […] Read more

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