Beef cattle Archives - Page 328 of 631

Klassen: Feeder cattle market under weight of imports

By Jerry Klassen, GFM Network News December 10, 2019

Compared to last week, western Canadian feeder cattle markets traded $5 lower to $2 higher. It’s that time of year when most feedlots are carrying sufficient numbers and buyers are hesitant to increase ownership unless they can see profitability. Auction market volumes contained weaned and unweaned calves over the past week; premiums returned for feeders […] Read more

Canadian Deputy Prime Minister Chrystia Freeland, Mexico’s President Andres Manuel Lopez Obrador and U.S. Trade Representative Robert Lighthizer attend a meeting at the Presidential Palace in Mexico City on Dec. 10, 2019. (Photo: Reuters/Henry Romero)

General, Markets, Reuters

Canada, U.S., Mexico sign agreement, again, to replace NAFTA

By GFM Network News December 10, 2019

Washington/Mexico City | Reuters — Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision. The signing ceremony in Mexico City launched what may be […] Read more

Schuler’s MS550 multi-screw vertical mixer has a mixing capacity of 550 cubic feet. (SchulerMfg.net)

Crops, Forages, Machinery

Vermeer buys TMR mixer maker Schuler

By GFM Network News December 10, 2019

U.S. hay and forage equipment manufacturer Vermeer Corp. is expanding its reach in the cattle feeding business with a deal for fellow Iowa firm Schuler Manufacturing. Vermeer announced Wednesday it purchased Schuler for an undisclosed sum and that Schuler products will still “initially” be sold under the Schuler brand, but with an “intentional transition” to […] Read more

Deputy Prime Minister Chrystia Freeland waits to enter a ballroom at an event in Ottawa on Dec. 9, 2019. (Photo: Reuters/Blair Gable)

General, Markets, Reuters

Freeland, U.S. and Mexican officials to meet to pin down trade deal

By GFM Network News December 9, 2019

Washington/Mexico City | Reuters — The Trump administration, Mexico and U.S. Democrats on Monday closed in on a deal for labour-related changes to a languishing North American trade pact that may soon allow it to proceed to a vote, as the window for passage this year quickly narrows. U.S. Trade Representative Robert Lighthizer and White […] Read more

CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Plentiful supply pressures CME hogs

By GFM Network News December 9, 2019

Chicago | Reuters — U.S. hog futures fell on Monday in a turnaround from a two-week high last week, as large inventories pressured prices. Meat packers slaughtered an estimated 496,000 pigs, up from 475,000 a year ago, putting extra pork on the market. U.S. hog supplies are large after farmers expanded their herds to supply […] Read more

Crops, Machinery

That’s progress: Event rebrands as ‘Canada’s Farm Show’

By GFM Network News December 9, 2019

One of Canada’s biggest annual trade shows is downsizing its brand to three words for 2020. Regina Exhibition Association Ltd. (REAL) announced Monday that Canada’s Farm Progress Show, running June 16 to 18 next year at Regina’s Evraz Place, will now be titled Canada’s Farm Show, with a “new visual identity.” “With the increase of […] Read more

A U.S. nameplate at the WTO headquarters in Geneva on Dec. 9, 2019. (Photo: Reuters/Denis Balibouse)

General, Markets, Reuters

U.S. seals demise of WTO appeals bench, trade officials say

By GFM Network News December 9, 2019

Geneva | Reuters — The fate of the World Trade Organization’s top court was effectively sealed on Monday after the United States said it would not back a proposal to allow it to continue, trade officials said, although the WTO chief vowed to find a solution. The Trump administration has been blocking appointments to the […] Read more

Livestock, Reuters

JBS says U.S. IPO would not change headquarters

By Reuters, GFM Network News December 6, 2019

Sao Paulo | Reuters — Brazilian meatpacker JBS SA said in a securities filing late on Friday the company is considering a U.S. listing of its international assets but not a change of its headquarters. The company said it expects to have a capital structure that allows it to compete “on equal footing” with international […] Read more

CME February 2020 live cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hog futures fall after weak export sales report

By GFM Network News December 5, 2019

Chicago | Reuters — CME Group hog futures eased on Thursday, pressured by a bearish pork export sales report, traders said. Cattle contracts were mixed, with live cattle rising on technical buying while feeder cattle eased. The U.S. Agriculture Department on Thursday morning said that weekly export sales of pork came in at a four-week […] Read more

In southern Alberta, Simmental based steers weighing 510 pounds were quoted at $230 in mid-November while black heifers were valued at $195. It’s looking like feast-or-famine beef production in early 2020.

Cattleman’s Corner, Cow-Calf, Markets

Calf prices will be sideways into 2020

Market Update with Jerry Klassen: Both the U.S. and Canada produced smaller calf crops in 2019

By Jerry Klassen December 5, 2019

Alberta packers were paying $142 to $144 on a live basis in mid-November, relatively unchanged from last month’s average price. While Alberta prices have traded in a sideways range, fed cattle values south of the border have been percolating higher. In Nebraska, fed cattle were trading in the range of $114 to $116, up from […] Read more

GFM Network News

Trump mulls ending some trade ties with China, including in relation to cooking oil

Pulse Weekly: Yields coming into focus

U.S. livestock: Cattle at fresh highs, hogs weaken

Beef cattle

Klassen: Feeder cattle market under weight of imports

Canada, U.S., Mexico sign agreement, again, to replace NAFTA

Vermeer buys TMR mixer maker Schuler

Freeland, U.S. and Mexican officials to meet to pin down trade deal

U.S. livestock: Plentiful supply pressures CME hogs

That’s progress: Event rebrands as ‘Canada’s Farm Show’

U.S. seals demise of WTO appeals bench, trade officials say

JBS says U.S. IPO would not change headquarters

U.S. livestock: Hog futures fall after weak export sales report

Calf prices will be sideways into 2020

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