livestock Archives | Canadian Cattlemen

Elanco to become No. 2 in animal health with Bayer deal

Reuters — Elanco Animal Health agreed to buy Bayer’s veterinary drugs unit on Tuesday in a cash and stock deal valued at US$7.6 billion (C$10 billion), creating the second largest maker of medicines for livestock and pets and expanding Elanco’s reach online. The deal is the latest in the fast-growing animal health market, which has […] Read more

Livestock, Reuters

Sausage-loving Germans chew over meat tax plan

By Reuters August 7, 2019

Berlin | Reuters — German lawmakers on Wednesday proposed raising the sales tax on meat to help protect the climate and improve animal welfare, kindling a debate in a country renowned for its love of sausages. Meat in Germany benefits from a reduced value added tax rate of seven per cent, and the idea is […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Futures rally on choppy grains, hopes for Chinese buying spree

By P.J. Huffstutter July 23, 2019

Chicago | Reuters – Chicago Mercantile Exchange (CME) live hog futures rallied on Tuesday, as competition among packers for spot delivery grew and animal weights slipped after the recent U.S. heat wave, traders said. Live cattle futures also inched up, supported in part by choppy trading in U.S. grain futures and growing questions of whether […] Read more

General, Markets

Agriculture foreign workers get new path to residency

By John Greig July 12, 2019

Updated, July 15 — The federal government has announced a pilot program that will make it easier for farms and food companies to maintain workers they recruit from around the world. Ahmed Hussen, minister for immigration, refugees and citizenship, announced the program Friday at Maple Leaf Foods in Mississauga. Why it matters: There’s a labour […] Read more

Livestock

Co-op Feeds to shut two Prairie plants, sell another

By GFM Staff May 15, 2019

In the face of “industry challenges,” Federated Co-operatives’ livestock feed manufacturing division plans to pull its operations from six plants down into three. Saskatoon-based Federated Co-op announced Monday it will consolidate its production of bulk and bagged cattle, horse, sheep and poultry feed into three of its existing plants, at Calgary, Saskatoon and Moosomin, Sask. […] Read more

Livestock, Reuters, Weather

Livestock, pets among victims in U.S. Midwest flooding

By Peter Szekely March 19, 2019

Reuters — The floods that have devastated large swaths of Nebraska and Iowa since late last week left house pets homeless, inflicted an unknown toll on livestock and led to several daring water rescues of animals from dogs to horses. Rescuers in the Omaha area, where the Platte, Elkhorn and Missouri rivers began spilling over […] Read more

General, Reuters, Weather

U.S. Midwest’s catastrophic floods cause widespread damage

By Karen Dillon March 19, 2019

Brownville, Neb. | Reuters — Severe flooding caused by rainfall and melting snow devastated farms and towns in Nebraska and Iowa on Tuesday, leaving at least four people dead and causing hundreds of millions of dollars in damage, with waters yet to crest in parts of the region for several days. The floods inundated stretches […] Read more

Livestock, Weather

Livestock tax deferral map expands again for 2018

By GFM Staff January 30, 2019

Some northern and southwestern Ontario producers who had to sell breeding livestock due to drought in the 2018 tax year can now defer chunks of the income from those sales when filing their income taxes. The federal government on Wednesday rolled out its final list and map of designated regions for 2018 under its livestock […] Read more

Beef Cattle, Livestock, Weather

Unusual third assessment run for livestock tax deferrals

By Glen Hallick - MarketsFarm January 29, 2019

In an unusual move, Agriculture and Agri-Food Canada has undertaken a third assessment for the federal livestock tax deferral. “Federal officials are currently finalizing the analysis to identify whether any additional regions have met the criteria for the livestock tax deferral,” AAFC spokesperson James Watson said. Under the deferral plan, cattle producers affected by severe […] Read more

Corn, Crops, Markets, Reuters, Winter Wheat

Beetles halt U.S. DDGs exports to Thailand

By Michael Hirtzer January 11, 2019

Chicago | Reuters — Exports of U.S. distillers’ dried grains to Thailand have stopped due to new fumigation requirements installed after beetles were discovered in a shipment last year, U.S. traders said on Friday. Thai government officials said U.S. shipments required certificates showing they had been “properly fumigated.” Traders said sales had effectively been halted […] Read more

ICE weekly outlook: Canola trade’s eyes on StatsCan report

U.S. grains: Soybeans up on yield uncertainty

U.S. livestock: CME cattle rise on strong beef demand

GFM Network News