beef Archives - Page 124 of 137

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

U.S. livestock: CME cattle, hogs relatively steady on trade deal hopes

By GFM Network News December 16, 2019

Chicago | Reuters — U.S. cattle futures remained relatively steady on Monday but funds continued to hold their long positions in anticipation of a surge of demand for U.S. meat after the U.S.-China “Phase 1” trade agreement is finalized, traders said. U.S. lean hog futures inched upward, rising for a third session on the same […] Read more

Prime Minister Justin Trudeau speaks during Question Period in the House of Commons on Parliament Hill in Ottawa on Dec. 11, 2019. (Photo: Reuters/Blair Gable)

General, Markets, Reuters

Farmers hit by trade disputes should be helped faster, Trudeau says

By Reuters, GFM Network News December 13, 2019

Ottawa | Reuters — Canada’s agriculture department should move more quickly to help farmers harmed by protectionist measures imposed by other nations, Prime Minister Justin Trudeau said Friday. Canadian farmers are caught up in a trade and diplomatic dispute between Ottawa and Beijing. In a formal letter of instruction to Agriculture Minister Marie-Claude Bibeau, Trudeau […] Read more

A colourized low-temperature electron micrograph of a cluster of E. coli bacteria. Individual bacteria in this photo are oblong and coloured brown. (Eric Erbe photo and colourization by Christopher Pooley courtesy ARS/USDA)

Beef Cattle, Livestock, Markets

Ryding-Regency’s federal beef packing licenses cancelled

By GFM Network News December 2, 2019

Citing “false or misleading information” given them during an E. coli probe, food safety officials have now permanently pulled the federal slaughter, processing and export licenses for Toronto’s Ryding-Regency Meat Packers and related companies. The cancellation, announced Monday, indefinitely prolongs what was already described as “critical processing capacity shortage” for the province’s cattle producers, leaving […] Read more

Beef Cattle, Livestock, Markets, Reuters

EU lawmakers clear U.S. beef imports but fault U.S. tariffs

By GFM Network News November 28, 2019

Brussels | Reuters — European Union lawmakers approved an increase in U.S. beef imports to the EU on Thursday, a move likely to ease transatlantic tensions. But they also criticized tariffs imposed by U.S. President Donald Trump on metal imports and a threat he has made to target EU cars and car parts. The European […] Read more

Cattleman’s Corner, Livestock, Markets

Second-quarter beef production to affect market

Market Update with Jerry Klassen: Tighter U.S. supplies will continue until April, then the tide will turn

By Jerry Klassen November 7, 2019

Alberta fed cattle prices were trading in the range of $136 to $139 during the war half of September, while in mid- to late October Alberta packers were buying fed cattle in the range of $143 to $145. Although fed cattle prices have ratcheted higher, yearling and calf markets are relatively unchanged. In central Alberta, […] Read more

Livestock, Reuters

China to resume imports of Canadian beef and pork

By GFM Network News November 5, 2019

Reuters – China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. “Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau tweeted. The Chinese embassy in […] Read more

Beef Cattle, Livestock, Markets, Reuters

Cargill suspends shifts at Kansas beef plant after explosion

By Reuters, GFM Network News October 17, 2019

Chicago | Reuters — Cargill said Thursday it had suspended some shifts at its Dodge City, Kansas beef-packing plant after an explosion injured two employees. Cargill spokesman Daniel Sullivan said the company expects the facility to be fully operational soon and that it would meet all it customer commitments. The company is investigating the cause […] Read more

CME December 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hogs slip despite record-large pork sales to China

By GFM Network News October 10, 2019

Chicago | Reuters — U.S. lean hog futures sagged on Thursday as the confirmation of record-large weekly pork export sales to China failed to impress traders who have been expecting a surge in demand for months. Uncertainty about when the pork will be shipped to China also kept a lid on gains, traders said. The […] Read more

Smoke billows during a fire in an area of the Amazon rainforest near Humaita, Amazonas State, Brazil on Aug. 14, 2019. (Photo: Reuters/Ueslei Marcelino)

Crops, Reuters, Weather

South America fires could disrupt its farm belt’s rainfall

By GFM Network News October 9, 2019

Santa Cruz | Reuters — Forest fires that swept across Bolivia and Brazil this year could disrupt rainfall distribution across South America’s grains-and-beef producing regions in unpredictable ways for years to come, a scientist and meteorologist said. Recent rains in both countries have helped put out the wildfires, which were likely started by farmers and […] Read more

File photo of wheat storage for a flour mill at Yokohama, Japan. (Joel-t/iStock/Getty Images)

General, Markets, Reuters

Japan trade deal aims to put U.S. farmers on par with TPP

By Reuters, GFM Network News October 8, 2019

Washington | Reuters — The new U.S.-Japan trade deal will provide staged reduction of Japanese tariffs for more than US$2 billion worth of U.S. beef and pork, matching access now granted to the 11 Trans-Pacific Partnership trade pact countries, a text of the agreement shows. U.S. President Donald Trump presided over a White House signing […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News