Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.
Pigs
U.S. livestock: Lean hogs, feeder cattle turn higher on bargain buying
Precision livestock farming could fine-tune feed efficiency ‘equation’
A Belgian researcher says precision technology can help farmers fine-tune animal feed consumption, which would increase profits, improve animal welfare and lower environmental effects.
Meat from cloned animals sparks debate
Is a cloned cow any different from a conventionally conceived cow when it comes to meat? Canadian officials suggest not
Health Canada says meat from healthy cloned animals is no different than that from sexually reproduced animals and there are no health concerns with consuming meat from a cloned animal. It also says a main aspect of cloning animals is to “enhance the propagation of unique, high-value animals.”
U.S. livestock: Hog futures close down the daily limit on oversupply
CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.
U.S. livestock: Cattle futures lower on dip in consumer demand
CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.
Maple Leaf Foods plans to split into two independent public companies
Maple Leaf Foods is splitting into two independent public entities by spinning off its pork business, it said today.
Maple Leaf Foods will retain a 19.9 per cent ownership position in the newly formed pork company, the name of which will be announced in the coming months, the company said.
U.S. livestock: Cattle futures lower, hogs mostly down on demand questions
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.
New Canadian feed regulations released
Long-awaited feed regulation update offers more flexibility, risk-based approach, focus on food safety
The Canadian Food Inspection Agency (CFIA) has released their long-promised update to national feed regulations. Formally referred to as the “Feeds Regulations, 2024,” the final version of the framework was registered June 17 and published for public view July 3 in part 2 of the Canada Gazette.
U.S. livestock: Live cattle futures continue rally on steady demand
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
Swine genetics company Genesus in receivership
A receivership order filed June 12 in the Court of Kings Bench in Winnipeg has appointed BDO Canada Limited as receiver and manager for Genesus Inc., Genesus Genetics and Can-Am Genetics, Inc.
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