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CME April 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle extend losses

COVID-19 coronavirus continues to rattle investors

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Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures fell sharply for a second consecutive day on Tuesday as fears of a coronavirus pandemic stoked concerns about demand and slower global economic growth. Commodities funds liquidated more of their sizable long holdings in cattle after the U.S. Centers for Disease Control and […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs dive as coronavirus rattles markets

April live cattle, most feeder contracts close limit-down

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Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures plunged on Monday as a surge of coronavirus cases beyond China stoked fears of U.S. meat export delays and slower global economic growth. The actively-traded April live cattle contract and nearly all feeder cattle contracts closed down by their daily trading limits, triggering expanded […] Read more
CME March 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures firm

Cattle contracts ease

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Chicago | Reuters — Chicago Mercantile Exchange hog futures ended higher on Friday on a mild technical bounce while cattle contracts weakened. Feeder cattle contracts were under pressure from profit-taking following six straight days of gains that pushed the front-month contract to its highest since Jan. 30. CME lean hog futures for April delivery ended […] Read more
Canada’s Prime Minister Justin Trudeau speaks to media, flanked by (l-r) Public Safety Minister Bill Blair, Deputy Prime Minister Chrystia Freeland, Minister of Crown-Indigenous Relations Carolyn Bennett and Transport Minister Marc Garneau in Ottawa on Feb. 21, 2020. (Photo: Reuters/Patrick Doyle)
Crops, Reuters

Trudeau demands rail blockades be lifted

Canadians' patience running out, PM says

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Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Friday demanded aboriginal protesters lift rail blockades that are hurting the economy and made clear police should, if necessary, enforce injunctions to remove the obstacles. Trudeau also told a news conference that the Liberal government’s talks with various indigenous leaders over the last two weeks […] Read more
A CN freight train remains halted as train tracks are blocked two km away at Tyendinaga, Ont., east of Belleville, on Feb. 14, 2020. (Photo: Reuters/Chris Helgren)
Crops

Fraser: Rail blockades should be a lesson for all

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Our latest so-called national crisis led to calls for police to arrest protesters and tear down blockades, but perhaps we should be thinking about how to prevent conflicts like this from happening in the first place. It’s amazing how much can change in just a few days. Canada’s Agriculture Day on Feb. 11 brought together […] Read more
CME April 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs rally with hopes for exports to China

Cattle market similarly hopeful

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Chicago | Reuters — U.S. hog futures rose 2.1 per cent on Tuesday on hopes for increased demand from China as the world’s top pork consumer announced plans to begin issuing tariff-free import licenses. China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so […] Read more
Manitoba Pork Council chair George Matheson and federal Agriculture Minister Marie-Claude Bibeau announce funding for a two-year pilot insurance program for Manitoba hog producers. (Dave Bedard photo)
Hogs, Livestock

Manitoba to pilot insurance program against hog disease risks

Pork council study backed with federal, provincial funds

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“Private sector solutions” to manage financial risks caused by disease outbreaks on hog farms are on the drawing board in a new Manitoba-led pilot project that could go nationwide. Coming out of a Thursday morning meeting with hog producers in Winnipeg, federal Agriculture Minister Marie-Claude Bibeau announced $482,158 from the AgriRisk Initiatives (ARI) arm of […] Read more

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