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Daily Network News

  • Russian media said the vessel was carrying wheat from the Port of Azov, near the city of Rostov, to Port Kavkaz in the strait separating the Crimean peninsula from mainland Russia. Photo: Anna Linda Knoll/Getty Images Plus

    Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

    12 hours ago
  • The strike at JBS’s Greely, Colorado site dealt a blow to U.S. processing capacity, after Tyson Foods closed a beef plant in Nebraska this year and reduced operations at a Texas facility. Photo: Getty Images Plus.

    Striking JBS workers to return to Colorado plant on promise of talks

    16 hours ago
  • Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

    17 hours ago
More News →

Cow-calf

(File photo by Dave Bedard)
Beef Cattle, News

Guelph Cargill strike vote to take place Saturday

By Glacier FarmMedia staff July 4, 2024
Striking workers at Cargill's Dunlop beef processing plant in Guelph have a recommended memorandum of settlement in place and they will vote on the possible deal on Saturday.

(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle futures end higher in light pre-holiday trade

By Julie Ingwersen, Reuters July 3, 2024
Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Light volumes characterize feeder market

By Jerry Klassen July 2, 2024
For the week ending June 29, Western Canadian yearling and calf markets were unchanged from seven days earlier. Many auction barns are in holiday mode and volumes were light, making the market hard to define. Late blooming stragglers and off grade calves were common.

(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs higher, on month-end positioning

Flooding in Midwest provides some support for hogs as roads, rail lines washed out around processors

By P.J. Huffstutter, Reuters June 28, 2024
Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.


Photo: iStock/Getty Images
Markets, Reuters

U.S. livestock: Hog futures turn lower ahead of USDA hog-pig report

By P.J. Huffstutter, Reuters June 27, 2024
Chicago Mercantile Exchange lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that U.S. farmers had a slightly larger hog herd, traders said.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Livestock futures turn higher on technical trading, Midwest floods

By P.J. Huffstutter, Reuters June 26, 2024
Chicago Mercantile Exchange lean hog futures turned higher on Wednesday as fund investors adjusted their positions and sought short-covering, even as many contracts set new lows for a second trading day, traders said.


Photo: Getty Images
News, Reuters

US to clarify enforcement of antitrust laws in meatpacking

By Leah Douglas, Reuters June 25, 2024
Livestock farmers in the U.S. would have a clearer path to bringing antitrust complaints against meatpacking companies for unfair business practices under a rule proposed by the U.S. Department of Agriculture on Tuesday.

Dairy cattle graze beneath windmills on a Danish dairy farm in 2022. Photo: Geralyn Wichers
News, Reuters

Denmark will be first to impose CO2 tax on livestock emissions, government says

By Isabelle Yr Carlsson, Reuters June 25, 2024
Denmark, a major pork and dairy exporter, will introduce a tax on livestock carbon dioxide emissions from 2030, making it the first country to do so and hoping to inspire others to follow, the government said on Tuesday.


File photo of cattle on pasture northeast of Calgary. (James_Gabbert/iStock/Getty Images)
Livestock, Markets

Klassen: Canadian heifer retention tightening feeder supply

By Jerry Klassen June 25, 2024
Alberta and Saskatchewan heifer placements in the lighter weight categories are down from year-ago levels. Comments from ranchers and order buyers suggest that Western Canadian ranchers are holding back on heifers to expand the herd. This usually results in a narrowing of the steer/heifer spread.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Nearby cattle futures rise on strong demand

By P.J. Huffstutter, Reuters June 24, 2024
Chicago Mercantile Exchange (CME) nearby cattle future contracts turned higher on Monday as stronger-than-expected domestic seasonal demand and firm prices in the cash market gave futures a boost, market analysts said.


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