Brazilian beef companies do not expect to be hurt by potential new tariffs from U.S. President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.
Chicago Mercantile Exchange cattle futures were mixed as trade resumed following the U.S. long weekend. Most active April live cattle futures closed with small losses, reaching 197.325 cents per pound, down 0.175 cents. February live cattle gained 0.300 cents to close at 197.050 cents per pound.
There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns. The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.
The United States and Canada have lifted embargoes on certain French poultry imports imposed after Paris decided to vaccinate ducks against bird flu in October 2023, the French agriculture ministry said on Monday.
U.S. poultry producers should ramp up testing and monitoring of turkeys for bird flu before they are slaughtered to ensure the virus stays out of the food supply, the U.S. Department of Agriculture said on Friday.
Chicago Mercantile Exchange lean hog futures closed lower on Friday, continuing a streak of losses. Most active April lean hogs settled at 88.325 cents a pound, down 2.225 cents. February lean hogs closed at 81.123 cents a pound, down 1.175 cents.
Germany has no new cases of the livestock illness foot-and-mouth disease with a suspect case on Thursday not confirmed, German agriculture minister Cem Oezdemir said on Friday.
China's pork production in 2024 fell for the first time after rising for three years straight, official data showed on Friday, as livestock companies reduced slaughter rates due to ample hog supply and weak meat demand.
Glacier FarmMedia — Seeding winter cereals “ultra-early” in the spring can hedge against drought by offering an alternative feed source, according to Alberta research results. The project’s origins can be traced to the extremely dry year of 2021, which left many producers in the province’s eastern Lakeland region in need of feed and water resources. […] Read more