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Beef cattle

(Dave Bedard photo)
General, Reuters

Feds proposing to expand wage subsidy program

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Ottawa | Reuters — The Canadian government wants to expand an emergency wage subsidy program so that all businesses suffering losses from the COVID-19 outbreak will benefit, Finance Minister Bill Morneau said on Friday. Morneau told a news conference that Ottawa would drop an earlier requirement stipulating that businesses needed to show a 30 per […] Read more
(Pierre-Olivier Valiquette/iStock/Getty Images)
General, Markets, Reuters, Weather

U.S. court finds for California’s work with Quebec on carbon market

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Washington | Reuters — A U.S. federal district court has ruled that California’s co-ordination with Quebec in a cap-and-trade carbon emissions market is constitutional, a blow to the Trump administration made public in a filing late on Friday. In October, the Trump administration sued California for entering a climate agreement with Quebec, saying the state […] Read more
CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle end steady to firmer

Lean hogs dip after weekly advances

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Chicago | Reuters — U.S. live cattle futures closed steady to firm on Friday, stabilizing after a two-session rally attributed to speculative buying and signs that meat packers may have worked through much of a backlog of market-ready cattle, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled unchanged at 103.275 cents/lb. and […] Read more
Nutrien Ag Solutions is one of the regular Ag In Motion exhibitors that has established plots this summer at the AIM farm show site near Lanigan, Sask. These plots of canola and corn will be some of those featured during the virtual AIM show July 21 to 25.
Features, News

The show must go on(line)

Ag In Motion Discovery Plus will be as close to the real thing as possible

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You may not physically be in Lanigan, Sask., July 21 to 25 this year, but that doesn’t mean you can’t still spend at least a few hours, if not a few days, next week checking out new products and new technology at the sixth annual Ag In Motion (AIM) farm show. In keeping with COVID-19 […] Read more
CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit four-month top

Lean hogs up on export news

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday to four-month highs as steady to firmer cash cattle prices signaled that meat packers may have largely worked through a backlog of market-ready cattle that built up this spring, traders said. CME August live cattle futures settled up 1.975 […] Read more
Feeder prices divorce from fed cattle market
Cattleman’s Corner, Livestock, Markets

Feeder prices divorce from fed cattle market

It will take time to work through the backlog of market-ready cattle

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During the third week of May, Alberta fed cattle were selling in the range of $150 to $153. However, the backlog of market-ready supplies has caused prices to come under pressure. A month later in the last week of June, Alberta fed cattle prices were averaging $123 on a live basis. During the same period, […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle up with cash values, technical buying

CME lean hog contracts mixed

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) closed higher on Wednesday, led by the nearby August contract on signs of firmer cash cattle prices and technical buying, traders said. Market-ready cattle traded in the cash market at $95-$97/cwt in the southern Plains, the U.S. Department of Agriculture reported, after […] Read more
One of the centrepieces of Burger King’s #CowsMenu campaign is a video directed by Michel Gondry featuring U.S. singer and yodeler Mason Ramsey. (Burger King video screengrab via YouTube)
Finishers, Livestock

U.S. beef ranchers sour on Burger King lemongrass ration

RBI arm launches '#CowsMenu' program, 'Reduced Methane' Whopper

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A new U.S. sustainability campaign from one of the world’s biggest fast food chains, training its lens on beef cattle passing gas, has “disappointed” some cattle producers while also proposing its own new feedlot ration as a way to help cut emissions. Burger King, owned by Toronto-based Restaurant Brands International, on Tuesday launched the “#CowsMenu” […] Read more
Elanco Animal Health CEO Jeff Simmons speaks during an interview at the New York Stock Exchange (NYSE) on Sept. 20, 2018. (Photo: Reuters/Brendan McDermid)
Beef Cattle, Livestock, Reuters

Elanco Animal Health wins U.S. approval to buy Bayer unit

Elanco to shed cattle pour-on brand, others for approval

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Washington | Reuters — Elanco Animal Health has won U.S. antitrust approval to buy Bayer’s animal health business on condition that it sell assets to treat three ailments, two in dogs and one in cattle, the Federal Trade Commission said on Wednesday. The deal was valued at $7.6 billion when it was announced in August […] Read more

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