A Canadian Food Inspection Agency (CFIA) announcement on import regulations for feeder calves caused some confusion on the administrative side of Canada’s cattle industry earlier this month
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Confusion cleared on Canadian calf import changes
U.S. livestock: Live cattle continue higher
Live cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, seeing a continuation of Monday’s gains as values remain near record highs. The ongoing shutdown of the United States government will likely delay the publication of monthly cattle on feed data scheduled to come out on Friday. However, market expectations are for a […] Read more
U.S. grains: Soybeans retreat after one-month high; corn, wheat sag
Chicago Board of Trade soybean futures turned lower on Tuesday on profit-taking after the benchmark contract touched a one-month high in early moves, while market players continued to monitor U.S.-China trade relations, analysts said.
CFIA extends CWD control program consultation deadline
Date extended for consultation period of changes to CWD program
Prolonged drought causes unprecedented productivity loss: Study
Colorado State University — Extreme, prolonged drought conditions in grasslands and shrublands would greatly limit the long-term health of crucial ecosystems that cover nearly half the planet, says new research published in the journal Science. “Climate change is bringing more severe and longer-lasting droughts to many locations around the world. Some ecosystems have shown resilience […] Read more
France raises bird flu alert level to ‘high’ after new cases
France has raised its bird flu alert level to “high” from “moderate”, requiring poultry farms nationwide to keep birds indoors as Europe faces a seasonal resurgence of the disease.
Trump plan to import Argentine beef angers U.S. farmers
U.S. farmers criticized President Donald Trump’s suggestion that the country may import more beef from Argentina, after they recently lost out to the South American nation on soybean sales to top buyer China.
Carney cautious about report of potential Canadian trade deal with U.S.
Canadian Prime Minister Mark Carney on Tuesday expressed caution after a newspaper reported he might soon sign a trade deal on steel and aluminum with the U.S., saying “I wouldn’t overplay it.”
Klassen: Feeder market extends rally
Western Canadian yearling prices traded back up to historical highs over the week ended Oct. 18, while calf markets made fresh highs at many locations. Western Canadian yearlings off grass traded $5-$10 higher on average compared to seven days earlier. Steer calves in the weight range of 550-825 pounds traded $8-$12/cwt higher on average while […] Read more
U.S. livestock: Live cattle correct higher
Live cattle futures on the Chicago Mercantile Exchange were stronger on Monday, taking back some of Friday’s losses amid ideas the declines were overdone. Cattle futures posted limit-down losses on Friday following comments from United States President Donald Trump that he would lower beef prices. Trump also said over the weekend that beef purchases from […] Read more