Companies that have paid to source agricultural produce that complies with the European Union's anti-deforestation law would lose out if the EU decides to delay implementing the legislation by a year, industry groups and traders said.
Beef cattle
EU deforestation law delay brings losses to most vigilant companies
Klassen: Feeder markets experience stronger demand
For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for non-weaned bawlers were relatively unchanged.
There are now many veterinary clinic models
Animal Health: Veterinarians have specialized and also offer more telemedicine
In rural Western Canada, the veterinary clinic was traditionally a mixed-animal practice, with everyone being a jack of all trades and emergency work in all species. But cattle were the bread and butter. We have all heard of the shortage of veterinarians for both small and large animals, but there has also been a big […] Read more
U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and […] Read more
McDonald’s sues major beef producers in US price-fixing lawsuit
Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the fast food giant to pay artificially higher prices. McDonald’s said in a lawsuit filed on Friday in Brooklyn federal court that the meatpackers, also including Cargill […] Read more
A visit from the aunties
Eppich News: Hot weather meant more tree watering and some creative air conditioning on the ranch
July stayed hot and dry. Gregory kept working away at the ditch hay and John worked as much summerfallow as he could. I was able to keep the main floor of the house a pleasant temperature as long as I did all the cooking on the barbecue, but the upstairs, where we sleep, would get […] Read more
U.S. livestock: Cattle futures rise on technical buying, economic news
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose and feeder cattle touched a two-month high on Friday on technical trading, with stronger-than-expected September jobs data indicating good consumer demand, analysts said. Hog futures touched their highest level in four months before retreating. Benchmark CME December live cattle futures LCZ24 settled up 0.600 cent at […] Read more
U.S. livestock: CME cattle futures fall as U.S. port strike continues
Chicago | Reuters – Chicago Mercantile Exchange livestock futures fell on technical trading as the session ended on Thursday, according to analysts, after trading both sides earlier in the day. Benchmark CME December live cattle futures LCZ24 settled down 1.300 cents at 186.400 cents per pound. CME November feeder cattle futures FCX24 ended down 0.425 cent at 248.125 cents […] Read more
U.S. livestock: Cattle, lean hogs futures rally on technical buying
Chicago Mercantile Exchange livestock futures firmed on Wednesday, as technical buying sent lean hog contracts higher and cash market prices staying firm giving cattle futures a boost, market analysts said.
US port strike disrupts hamburger supplies, frozen seafood
Beef sector could see ripple effects if strike lasts more than a week, industry says
Dockworkers striking at U.S. East Coast and Gulf Coast ports are preventing imports of beef that restaurants and retailers increasingly rely on to make hamburgers due to limited domestic supplies, traders and industry members said.