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File photo of a platter of sliced raw beef served in Singapore for use in shabu-shabu, a Japanese-style hotpot dish. (Kenneth Chew/iStock/Getty Images)
Beef Cattle, Livestock

Singapore clears all Canadian beef for import

Country first to lift BSE-era restrictions under new status

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Canada’s new official international status as a “negligible risk” country for bovine spongiform encephalopathy now has its first recognition from a beef-importing nation. Singapore has approved the Canadian Food Inspection Agency’s certificate for exports of all Canadian beef, including beef offal, with no restrictions on the age of the cattle from which the beef was […] Read more
CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures ease as beef prices cool

Lean hog index still at premium to futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Wednesday, as beef prices eased ahead of the Labour Day holiday, traditionally a big beef consumption holiday, traders said. “We’re getting into that lull period ahead of the Labour Day holiday, where the retailers have already got their product purchased from the packers,” […] Read more
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and brown lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures post new highs, end mixed

Hogs down on supply outlook

By
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to contract highs on Tuesday but ended mixed, with nearby contracts pressured by ideas that beef prices are topping out after a surge to nearly 15-month highs, traders said. Deferred live cattle contracts, however, were higher on the day on concerns about tight cattle […] Read more
(Sollio Co-operative Group video screengrab via YouTube)
Hogs, Livestock

Olymel’s striking Quebec workers get layoff ultimatum

Hog slaughter plant idle since late April

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Updated — The threat of job losses for about half the unionized workers at a major pork packing plant in Quebec is its owners’ latest bid to end a four-month strike. Olymel announced Tuesday it will “abolish” the evening shift at its hog slaughter and processing plant at Vallee-Jonction, about 60 km southeast of Quebec […] Read more
(Olymel video screengrab via YouTube)
Hogs, Livestock

Time for arbitration in Olymel strike, PQ says

Province's new mediator not enough, party says

By ,
Quebec’s third opposition party is calling on the province’s CAQ government to propose arbitration for an end to a strike at a major pork slaughter plant. The Parti Quebecois’ ag critic, Matane-Matapedia MNA Pascal Berube, and its labour critic, Jonquiere MNA Sylvain Gaudreault, made the pitch Friday, after workers from Olymel’s plant at Vallee-Jonction voted […] Read more
(Dave Bedard photo)
Livestock, Markets

StatsCan sees higher cattle, hog inventories at July 1

Full impacts of West's drought not yet counted

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Nationwide head counts of livestock from the “early stages” of Western Canada’s ongoing drought won’t yet show the weather’s full impact, but showed slightly larger herds heading into this summer compared to last year. Statistics Canada on Monday reported the first year-over-year increase in the size of the country’s cattle herd as of July 1 […] Read more
CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle rebound on improving cash markets, beef prices

CME lean hogs also up off Thursday losses

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rebounded from prior-session losses on Friday, supported by signs of improving cash cattle prices and firming wholesale beef values, traders said. Prices, however, continued to struggle to break out of their recent trading range as concerns about slowing global economic growth and rising […] Read more
An Asian giant hornet, trapped at Birch Bay, Wash. on July 14, 2020 by Washington State Department of Agriculture (WSDA) researchers, is seen at Olympia, Wash. on July 29, 2020. (Photo: WSDA/Chris Looney/handout via Reuters)
Livestock, Reuters

U.S. training ag staff to track, trap, kill ‘murder hornets’

Invasive species remains threat to bees, honey producers

By
Blaine, Wash. | Reuters — The first Asian giant hornet nest of the year has been found in Washington state, and plans are being developed to eradicate it, likely next week, the state’s agriculture department said on Thursday. The so-called stinging “murder hornets,” the world’s largest hornets, can grow to five centimetres in length and […] Read more
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs drop in broader commodities sell-off

Investors take 'risk-off' approach, U.S. dollar surges

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Chicago | Reuters — Cattle and hog futures on the Chicago Mercantile Exchange fell on Thursday, tracking broader market pressure amid worries about global growth and despite rising prices for beef and pork, traders said. Crude oil fell to its lowest levels since May and the U.S. dollar surged to a nine-month high, as rising […] Read more

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