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Pigs

(CIA.gov)
Beef Cattle, Livestock, Reuters

Canada, other countries raise meat inspection bar for Brazil

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Winnipeg/Chicago | Reuters — Meat-importing countries from North America to Europe and Asia have tightened inspection standards for shipments from Brazil in a bid to protect consumers, following a probe into possible corruption involving inspectors. The Canadian Food Inspection Agency (CFIA) said on Wednesday that the tighter inspection standards it enacted in April have resulted […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures erase Monday’s rally

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday bowed to fund liquidation that wiped out Monday’s sharp gains, including the August contract’s settlement up its three-cent per pound daily price limit, traders said. They attributed further selling on lower wholesale beef values that could weigh on this week’s cash prices. June, […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Live cattle sharply higher, shrug off USDA report

By
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply higher on Monday, with the August contract up the three-cent per pound daily price limit, helped by buy stops and fund buying, said traders. They said Monday morning’s wholesale beef price upswing and back-month futures’ discounts to last week’s cash prices offset initial […] Read more
Eric Schwindt says demand is helping to keep up North American hog prices. (John Greig photo)
Hogs, Livestock

Ontario hog farmers to get new options with Michigan plant

By
A combination of hog prices remaining high despite good supplies and a new processing plant in nearby Michigan have Ontario hog farmers optimistic about the near future. “It’s unambiguously good news to have more processing capacity close to Ontario,” said Patrick O’Neil, Ontario Pork’s marketing division manager, at the Ontario Pork Congress. The Clemens Food […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle rally before USDA report

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Friday, with support from buy stops and late-session short-covering before the afternoon’s U.S. Department of Agriculture monthly Cattle on Feed report, said traders. Analysts viewed the report as mildly bearish for live cattle futures on Monday due to May cattle placements that […] Read more
(Deere.ca)
General, Machinery

Farmers keen early adopters, StatsCan report shows

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CNS Canada — Canadian farmers in most sectors are strong proponents of data-driven technology, according to a report Wednesday from Statistics Canada. The latest release from StatsCan’s 2016 Census of Agriculture showed farmers were particularly keen to jump into new technology if it improved the efficiency of their operations or their bottom lines. StatsCan spokesperson […] Read more
(Country Guide file photo)
General, Markets

Ag sector equity rises in 2016

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CNS Canada –– Agriculture sector equity rose slightly in 2016, according to a Statistics Canada balance sheet on the industry. Farm sector equity totaled $500.3 billion for the year ending Dec. 31. That’s a 4.5 per cent increase, or $21.6 billion, from the same period a year ago, according to the report released Wednesday. Farm […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs hit one-year high as pork prices extend gains

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Chicago | Reuters — U.S. lean hog futures were mostly higher on Wednesday, with the front-month contract rising to the highest levels in a year on support from rising prices for wholesale pork, traders and analysts said. Chicago Mercantile Exchange July lean hogs notched life-of-contract highs for the third straight session as investors continued to […] Read more

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