CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Nearby lean hogs drop on continued herd expansion

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday, with nearby contracts pressured by plentiful supplies of hogs and pork and deferred months buoyed by signs of a slowing multi-year U.S. hog herd expansion, traders said. Actively traded nearby contracts posted steep declines after the U.S. Department of Agriculture […] Read more



File photo of cattle on Prince Edward Island. (COSPV/iStock/Getty Images)

P.E.I. to manage deadstock removal

Prince Edward Island’s latest provincial operating budget calls for its agriculture and land department to directly manage removal of deadstock for dairy and beef cattle producers. Finance Minister Darlene Compton’s 2019-20 operating budget, presented Tuesday, said the province will take over management of the deadstock contract “to reduce the administrative burden placed on the dairy […] Read more

Rain gives farmers relief, for now, from three-year drought

Rain gives farmers relief, for now, from three-year drought

Winnipeg | Reuters — With drought turning Chad Ross’s pastures brown, the southeastern Saskatchewan rancher sent 140 head of cattle to slaughter earlier than usual this spring, as the Prairies’ three-year drought made them too expensive to feed. The ranch and feedlot near Estevan has lost money two straight years. Long-awaited rains that swept the […] Read more









CME October 2019 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle closed mixed

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mixed on Tuesday, with expectations for a weak cash trade pressuring the benchmark August contract while back months ended firm, traders said. Packers were not bidding aggressively for cattle, a factor that some traders took as a bearish signal. “The bids that were out […] Read more