Livestock & Production Tips

Beef Cattle, Dairy Cattle, Livestock, Machinery

Cattle producers get longer phase-in on new transport regs

By GFM Network News December 12, 2019

New federal livestock transport regulations, due to come into force in February, will now roll out on a longer timeline for the beef and dairy cattle sectors. Federal Agriculture Minister Marie-Claude Bibeau has announced a “two-year transition period” for bovines, which is meant to provide “time to gather more data on effective solutions concerning the […] Read more

CME February 2020 live cattle with 20-, 30- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise on technical buying

By Reuters, GFM Network News December 11, 2019

Chicago | Reuters — U.S. cattle futures rose on Wednesday, rebounding from Tuesday’s downturn, while hog futures eased. Traders said that signs of strength in the cash market added support to the strength in both live and feeder cattle contracts. Technical buyers also helped pushed prices higher after early signs of strength. Chicago Mercantile Exchange […] Read more

Dairy Cattle, Livestock, Reuters

Nestle sells U.S. ice cream brands to Froneri

By Reuters, GFM Network News December 11, 2019

Zurich | Reuters — Nestle SA has agreed to sell its U.S. ice cream business to Froneri in a deal valued at US$4 billion, moving control of brands including Häagen-Dazs to a joint venture the Swiss group set up in 2016. Froneri was created after Nestle merged its European ice cream business in 20 countries […] Read more

CME February 2020 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Firmer cash prices support CME hog futures

By GFM Network News December 10, 2019

Chicago | Reuters — U.S. hog futures rose on Tuesday with support from stronger cash prices, while live cattle futures eased in a setback from recent advances. Gains in hog futures and cash prices reflect solid domestic demand for pork and signal that pig supplies are expected to tighten heading into the new year, said […] Read more

Hogs, Livestock, Markets

Strong foreign demand boosts North American hog markets

By GFM Network News December 10, 2019

MarketsFarm — While the volume of hogs at North American slaughter markets have kept packing plants near capacity in recent weeks, strong foreign export demand has kept pork values high. “We expect pork values to move higher, due to the shortness of production in China,” said Brad Marceniuk, a Saskatchewan provincial livestock economist in Saskatoon. […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market under weight of imports

By Jerry Klassen, GFM Network News December 10, 2019

Compared to last week, western Canadian feeder cattle markets traded $5 lower to $2 higher. It’s that time of year when most feedlots are carrying sufficient numbers and buyers are hesitant to increase ownership unless they can see profitability. Auction market volumes contained weaned and unweaned calves over the past week; premiums returned for feeders […] Read more

CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Plentiful supply pressures CME hogs

By GFM Network News December 9, 2019

Chicago | Reuters — U.S. hog futures fell on Monday in a turnaround from a two-week high last week, as large inventories pressured prices. Meat packers slaughtered an estimated 496,000 pigs, up from 475,000 a year ago, putting extra pork on the market. U.S. hog supplies are large after farmers expanded their herds to supply […] Read more

Livestock, Reuters

JBS says U.S. IPO would not change headquarters

By Reuters, GFM Network News December 6, 2019

Sao Paulo | Reuters — Brazilian meatpacker JBS SA said in a securities filing late on Friday the company is considering a U.S. listing of its international assets but not a change of its headquarters. The company said it expects to have a capital structure that allows it to compete “on equal footing” with international […] Read more

CME February 2020 live cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hog futures fall after weak export sales report

By GFM Network News December 5, 2019

Chicago | Reuters — CME Group hog futures eased on Thursday, pressured by a bearish pork export sales report, traders said. Cattle contracts were mixed, with live cattle rising on technical buying while feeder cattle eased. The U.S. Agriculture Department on Thursday morning said that weekly export sales of pork came in at a four-week […] Read more

In southern Alberta, Simmental based steers weighing 510 pounds were quoted at $230 in mid-November while black heifers were valued at $195. It’s looking like feast-or-famine beef production in early 2020.

Cattleman’s Corner, Cow-Calf, Markets

Calf prices will be sideways into 2020

Market Update with Jerry Klassen: Both the U.S. and Canada produced smaller calf crops in 2019

By Jerry Klassen December 5, 2019

Alberta packers were paying $142 to $144 on a live basis in mid-November, relatively unchanged from last month’s average price. While Alberta prices have traded in a sideways range, fed cattle values south of the border have been percolating higher. In Nebraska, fed cattle were trading in the range of $114 to $116, up from […] Read more

GFM Network News

U.S. livestock: Cattle futures gain on higher beef values, tight supplies

Mail strike disrupts grain sample delivery

U.S. grains: Soybeans tick up as market weighs crops, U.S.-China ties

Livestock

Cattle producers get longer phase-in on new transport regs

U.S. livestock: Cattle futures rise on technical buying

Nestle sells U.S. ice cream brands to Froneri

U.S. livestock: Firmer cash prices support CME hog futures

Strong foreign demand boosts North American hog markets

Klassen: Feeder cattle market under weight of imports

U.S. livestock: Plentiful supply pressures CME hogs

JBS says U.S. IPO would not change headquarters

U.S. livestock: Hog futures fall after weak export sales report

Calf prices will be sideways into 2020

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