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(Ag.calgarystampede.com)
Livestock

Calgary Stampede cancelled for 2020

Province's limits on gatherings cover all major summer events

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Alberta’s confirmation that its restrictions on gatherings include all annual summer events has led organizers of the Calgary Stampede to cancel the event for the first time in 97 years. “As a community celebration, the cancellation of our annual event comes with our community and public health and safety front of mind,” Stampede president Dana […] Read more
(Kelli Jo/iStock/Getty Images)
Hogs, Livestock, Markets

Pig farmers seek aid of $20 per hog against market crash

Losses of $675 million expected from COVID-19-related causes

By ,
Canada’s hog producers seek an immediate federal cash injection equivalent to $20 per hog against a market crash that’s expected to cost their sector about $675 million overall. Officials with the Canadian Pork Council on Thursday called for Ottawa to provide further aid to hog farmers who are now expecting to lose $30 to more […] Read more
(TysonFoods.com)
Hogs, Livestock, Markets, Reuters

COVID-19 forces Tyson to shutter two major U.S. pork plants

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UPDATED — Reuters — Tyson Foods is shuttering two pork processing plants, including its largest in the United States, to contain the spread of the coronavirus, further tightening meat supplies after other major slaughterhouse shutdowns. The closures are limiting the amount of meat the U.S. can produce during the outbreak and adding stress on farmers […] Read more
CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures firm

Cattle futures slip with stock sell-off

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Chicago | Reuters — CME Group hog futures advanced for the second day in a row on Tuesday, with supplies remaining tight due to shutdowns at slaughterhouses due to the coronavirus pandemic. Cattle futures were weaker, pressured by a sharp drop in equity markets. “Cattle are more closely tied with the economy,” said Don Roose, […] Read more
Prime Minister Justin Trudeau speaks in the House of Commons on April 20, 2020. (Photo: Reuters/Blair Gable)
Livestock, Markets, Reuters

Canada sees no beef shortage, but prices may rise due to coronavirus

JBS plant at Brooks dials back to one shift

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Ottawa/Winnipeg | Reuters –– The Canadian government is not expecting a beef shortage despite the spread of the COVID-19 coronavirus in certain meat-packing plants, though prices may rise, Prime Minister Justin Trudeau said on Tuesday. Trudeau added that beef producers are placing a priority on supplying the Canadian market before exporting products. Canada, one of […] Read more
CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rise on supply woes

CME cattle contracts ease

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Chicago | Reuters — U.S. hog futures rallied on Monday, with supply expected to tighten after another slaughterhouse was shut down due to the coronavirus pandemic, traders said. “If we have packers up and running we know we have the domestic demand,” said Ted Seifried, chief market strategist for Zaner Ag Hedge. “It is just […] Read more
CME May 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle mixed on hopes of economic reopening

'We're producing too many pigs for our demand'

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Chicago | Reuters — U.S. live and feeder cattle futures ended mixed on Friday, with nearby contracts pressured by coronavirus-related disruptions at packing plants, while hopes for a reopening of the economy lifted deferred contracts. Actively traded June live cattle ended higher on the week, for a second straight week, after seven consecutive weeks of […] Read more

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