Colin LaVie. (Officialoppositionpei.ca via YouTube)

P.E.I.’s incumbent ag critic, minister returned in election

Prince Edward Island’s incumbent agriculture minister and lead opposition critic both held onto their seats in Tuesday’s election but will return to a much different legislative assembly. Dennis King’s opposition Progressive Conservatives captured 12 of 26 available districts to win a minority government. Peter Bevan-Baker’s Greens move up into official opposition with eight seats and […] Read more


Always consider the Traders Report

Always consider the Traders Report

Market Update with Jerry Klassen: Take some of the emotion out of market conditions


Fed and feeder cattle prices have been quite volatile over the past month. Lower supplies of market-ready cattle along with seasonally strong demand have contributed to the recent rally in the nearby live cattle futures. This strength has spilled over into the deferred live cattle futures contracts and allowed feedlots to bid up the price […] Read more

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs limit down on disappointing export sales

Chicago | Reuters — U.S. lean hog futures plunged on Thursday, with the five most actively traded contracts settling down the daily three-cent-per-pound limit after weekly U.S. export data showed no new pork sales to China, traders said. Live cattle and feeder cattle futures on the Chicago Mercantile Exchange also declined, pressured by long liquidation […] Read more


U.S. livestock: CME live cattle futures down on long liquidation

U.S. livestock: CME live cattle futures down on long liquidation

Chicago | Reuters — U.S. live cattle futures fell to a six-week low on Wednesday as lower cash beef prices and bearish technical signals prompted a round of long liquidation, traders said. Chicago Mercantile Exchange lean hog futures closed mixed, with nearby contracts turning higher and gaining against back months. Commodity funds hold net long […] Read more




(Photo courtesy Canada Beef Inc.)

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

Reuters — Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. Tyson Foods, Cargill, the JBS USA unit of Brazil’s JBS and National Beef Packing […] Read more