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Beef cattle

(Video screengrab from Agribition.com via YouTube)
Livestock

COVID-19 knocks Agribition off 2020 calendar

Organizers look to 2021, plan 'new digital experiences' in meantime

By ,
Another of the Prairies’ major agricultural exhibitions has removed itself from the 2020 schedule. The 50th edition of Canadian Western Agribition, which was scheduled for Nov. 30 to Dec. 5 this year at Regina’s Evraz Place exhibition park, has been postponed to Nov. 22-27, 2021. Organizers of the not-for-profit event said Wednesday they made the […] Read more
CME July 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures still face headwinds over demand questions

Cattle futures mixed on USDA report expectations

By
Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand […] Read more
Jean Rousselle. (Video screengrab from Assnat.qc.ca)
General

Quebec Liberals name new agriculture critic

New leader names former Laval police officer to handle ag file

By ,
Quebec’s official opposition Liberals have shuffled their shadow cabinet and moved their labour critic, a former police officer, to the agriculture portfolio. Dominique Anglade, who was named last month as the Liberals’ new leader, on Tuesday appointed Jean Rousselle, MNA for the Laval-area riding of Vimont, as the party’s critic for public safety and for […] Read more
CME July 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs down, cattle up on demand issues

Cash cattle values hint at increased demand

By
Chicago | Reuters — U.S. lean hog futures dipped on Tuesday, as questions continued to grow about whether pork export demand from China will surge and eat through massive domestic stockpiles, traders said. Meanwhile, cattle futures rose as the cash market showed hints of increased demand from packers hungry to supply grocery stores and restaurants […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Weaker fed cattle prices weigh on feeder market

Rain-soaked pens sidelined some Alberta feedlots

By ,
Compared to last week, western Canadian feeder cattle markets were relatively unchanged but a softer tone was noted in the non-major feeding regions. Most auction barns are in summer mode and the quality of feeders coming on the market is quite variable. However, at major centers in Alberta, healthy strings of yearlings were well bid […] Read more
File photo of Smithfield Foods’ pork plant at Sioux Falls, S.D. on April 16, 2020. (Photo: Reuters/Shannon Stapleton)
Livestock, Markets, Reuters

U.S. meatpacking workers often absent after plants ordered to reopen

"There's still so many risks"

By ,
Chicago/Washington | Reuters — Smithfield Foods is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work after a severe coronavirus outbreak, according to the workers’ union. Tyson Foods was forced to briefly close its Storm Lake, Iowa plant — a month […] Read more
File photo of 10-pound sacks of potatoes loaded on pallets at a Canadian distribution centre. (PierreDesrosiers/iStock/Getty Images)
General, Markets

Federal surplus food program now taking applications

Qualified NGOs sought to move, distribute perishables to 'populations in need'

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A federal program to get food to those who need it, using stockpiles of perishables created by the COVID-19-related shutdown of the dining sector, is now taking applications. The $50 million Surplus Food Rescue Program — which Prime Minister Justin Trudeau telegraphed in a funding announcement May 5 — will take applications from “organizations addressing […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures up as meat production grows

Live cattle up off last week's lows

By
Chicago | Reuters — U.S. live cattle futures rose on Monday, after plunging to their lowest price in more than a month last week, amid signs of meat production increasing — even as cash market prices continue to strain livestock producers’ profits. Chicago Mercantile Exchange August live cattle rose 0.675 cents, to 96 cents (all […] Read more
(Nadezhda_Nesterova/iStock/Getty Images)
General, Markets

Details on federal food surplus program expected in ‘days’

Ottawa already at work with businesses, minister says

By
Ottawa — Detailed plans of the federal government’s food buyback program are expected soon, according to Agriculture Minister Marie-Claude Bibeau. Ottawa tabbed $50 million of its COVID-19 response funds for agriculture to buy surplus food from farmers and redistribute it to communities in need. The challenge Bibeau and her federal colleagues are faced with is […] Read more
(Photo courtesy Canada Beef Inc.)
General, Markets, Weather

No timeline yet set for BRM reforms

Changes put on hold along with ministers' meeting

By
Ottawa — Federal Agriculture Minister Marie-Claude Bibeau has confirmed any reforms to business risk management (BRM) programs are being delayed. That confirmation came during a wide-ranging media availability Bibeau held Tuesday. In March, Tom Rosser, an assistant deputy minister at Agriculture and Agri-Food Canada (AAFC), said the government is looking at a number of options […] Read more

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