Livestock & Production Tips

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

By GFM Network News August 7, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied as much as four per cent on Wednesday in a technical buying and short-covering bounce following a string of losses triggered by worries over exports to China. The world’s largest hog and pork market has threatened to halt all U.S. agricultural product purchases […] Read more

Improved design of handling equipment benefits all aspects of processing cattle.

Cattleman’s Corner, Livestock

Improved design applied to cattle handling equipment

Animal Health: Easier on cattle and people and the job gets done faster

By Roy Lewis August 7, 2019

For three weeks in December 2018, I filled in at a former practice. There were a few really positive things and improvements in many of the farms I visited previously. Most are progressive operators so improvements are always being made. These improve animal welfare and make it easier on the people involved — including me, […] Read more

Elanco Animal Health CEO Jeff Simmons speaks during an interview at the New York Stock Exchange (NYSE) on Sept. 20, 2018. (Photo: Reuters/Brendan McDermid)

Livestock, Reuters

Bayer, Elanco said aiming to reach animal health deal next week

By Reuters, GFM Network News August 7, 2019

Reuters — Germany’s Bayer and U.S. drug firm Elanco Animal Health aim to reach an agreement to combine their animal health businesses as soon as next week, Bloomberg reported Wednesday, citing people with knowledge of the matter. Elanco plans to pay for at least a part of the deal with its stock and any deal […] Read more

Livestock, Reuters

Sausage-loving Germans chew over meat tax plan

By Reuters, GFM Network News August 7, 2019

Berlin | Reuters — German lawmakers on Wednesday proposed raising the sales tax on meat to help protect the climate and improve animal welfare, kindling a debate in a country renowned for its love of sausages. Meat in Germany benefits from a reduced value added tax rate of seven per cent, and the idea is […] Read more

Livestock, Markets, Reuters

U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties

By GFM Network News August 6, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Tuesday as growing tensions between Washington and Beijing fueled worries about U.S. pork exports. China, the world’s largest hog and pork market, has threatened to halt all purchases of U.S. agricultural products after U.S. President Donald Trump announced he would slap […] Read more

Hogs, Livestock

Elanco buys swine PWD vaccine maker

By Glacier FarmMedia staff, GFM Network News August 6, 2019

Veterinary drugmaker Elanco Animal Health is expanding its space in the swine sector with a deal to buy the Quebec startup behind Coliprotec vaccines. Indianapolis-based Elanco announced Thursday it has paid $78.5 million to buy Prevtec Microbia, which is headquartered in Montreal with facilities in St-Hyacinthe. The Coliprotec line is meant to help protect pigs […] Read more

Finishers, Livestock, Markets

Klassen: Feeder prices ratchet higher

By Jerry Klassen, GFM Network News August 5, 2019

Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. Finishing feedlots were fairly aggressive on backgrounded cattle, which was the main source of yearlings last week. Early grassers are starting to come on the […] Read more

CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hog futures swing wildly as trade war intensifies

By GFM Network News August 5, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more

China’s demand for U.S. pork so far has been disappointing, analysts say.
Photo: Thinkstock

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures set nine-month low on big supplies, China trade tensions

By GFM Network News August 2, 2019

Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures extended their decline on Friday, with the most active contract touching its lowest price in nine months under pressure from large supplies and the worsening U.S.-China trade war. Cattle futures also weakened. China on Friday vowed to fight back against U.S. President Donald Trump’s abrupt […] Read more

Duty-free U.S. beef exports to the EU are aimed to increase by 46 percent in the first year and rise 90 percent further after seven years. Photo: Thinkstock

Beef Cattle, Reuters

Trump, EU officials announce deal to sell more U.S. beef to Europe

By GFM Network News August 2, 2019

Washington | Reuters – U.S. President Donald Trump announced a deal on Friday to sell more American beef to Europe, a modest win for an administration that remains mired in a trade war with China, but he said tariffs on European auto exports remain a possibility. The European Commission has stressed that any beef deal […] Read more

GFM Network News

U.S. livestock: Feeder cattle hit contract highs on tight supply

U.S. grains: Soybeans tumble on doubts over U.S.-China trade progress

Alberta harvest wrapping up: report

Livestock