Livestock & Production Tips

Louis Dreyfus to exit dairy by mid-2019

By Reuters, GFM Network News January 16, 2019

Paris | Reuters –– Louis Dreyfus Co. said on Wednesday it would sell or wind down its small dairy business by the middle of this year as part of an overhaul to revive growth at the agricultural commodity giant. Privately-held Louis Dreyfus had previously earmarked dairy as one of several activities to be sold or […] Read more

Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle hit contract highs on storm forecast

By Michael Hirtzer, GFM Network News January 15, 2019

Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market lifts feeder prices

By Jerry Klassen, GFM Network News January 14, 2019

Compared to last week, western Canadian feeder cattle markets traded $4 on either side of unchanged. Early in the week, the market was rather sluggish but a fortuitous bounce in the live cattle futures quickly spilled over into the feeder complex. Yearlings and heavier calves ended the week $2 to $4 higher. Feeding margins are […] Read more

A customer eats an ‘insect tsukemen’ ramen noodle topped with fried worms and crickets at Ramen Nagi restaurant in Tokyo on April 9, 2017. (Photo: Reuters/Kim Kyung-Hoon)

Livestock, Reuters

Farming insects may solve one problem, create others

By GFM Network News January 14, 2019

Rome | Thomson Reuters Foundation — Insects have great potential as an alternative source of protein, but further research is urgently needed before mass production begins in order to avoid environmental disaster, Swedish researchers warned Monday. There is currently an “overwhelming lack of knowledge” on basic questions such as suitable species, their housing and feed […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME hogs slip on weaker cash

By Mark Weinraub, GFM Network News January 12, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Friday, following softening cash hog prices, traders said. CME February hog futures settled down 1.425 cents at 62.65 cents/lb., halting a three-session advance (all figures US$). Traders noted that hogs in the top cash market of Iowa and southern Minnesota traded […] Read more

CME February 2019 lean hogs with 50-day moving average. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hogs, cattle rise as export hopes remain

By GFM Network News January 10, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) hog and cattle futures closed mostly higher, supported by hopes for improved exports in the coming weeks, traders said. Technical buying also helped cattle futures, which were still trading close to contract highs hit earlier in the week. Traders also noted strength in the cash markets as […] Read more

CME March 2019 feeder cattle with 20-day moving average. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle ease after rally

By GFM Network News January 9, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures rose 2.1 per cent to their highest in more than three weeks on Wednesday. Cattle futures were weaker, pressured by profit-taking after the front-month February live-cattle contract hit an all-time high on Tuesday. “There was no fundamental line item to go with it yesterday so […] Read more

Beef Cattle, Livestock

Bovine TB strain in latest outbreak new to Canada

By GFM Network News January 9, 2019

Canada’s latest outbreak of bovine tuberculosis in domestic cattle involves a strain of TB bacteria not related to any previously seen in Canadian livestock or wildlife. Culture testing of bacteria taken from a cow confirmed as TB-positive in November shows it’s “not related to past cases of bovine TB in Alberta or British Columbia or […] Read more

Cattleman’s Corner, Finishers, Markets

Beef demand in 2018 pushes more production

Market Update: Fed-cattle prices need to rally  for feeders to be profitable

By Jerry Klassen January 8, 2019

During the second week of December, Alberta packers were buying fed cattle in the range of $150 to $152, up from $2 to $4 from a month earlier. Market-ready supplies in Alberta and Saskatchewan are running above year-ago levels which has limited the upside in the fed cattle market. South of the border, U.S. fed-cattle […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market starts year with cautious tone

By Jerry Klassen, GFM Network News January 8, 2019

Western Canadian feeder cattle prices were relatively unchanged to slightly softer compared to mid-December. The market was lightly tested, with direct off farm to feedlot trade, but auction market activity was rather quiet. Winter conditions in southern Alberta caused buyers to be on the defensive, with lighter calves reflecting small discounts; however, vaccinated feeders on […] Read more

GFM Network News

Trump mulls ending some trade ties with China, including in relation to cooking oil

Pulse Weekly: Yields coming into focus

U.S. livestock: Cattle at fresh highs, hogs weaken

Livestock

Louis Dreyfus to exit dairy by mid-2019

U.S. livestock: Live cattle hit contract highs on storm forecast

Klassen: Fed cattle market lifts feeder prices

Farming insects may solve one problem, create others

U.S. livestock: CME hogs slip on weaker cash

U.S. livestock: Hogs, cattle rise as export hopes remain

U.S. livestock: Cattle ease after rally

Bovine TB strain in latest outbreak new to Canada

Beef demand in 2018 pushes more production

Klassen: Feeder market starts year with cautious tone

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