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(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets, Reuters

Trump floats halt to U.S. cattle imports as pandemic hurts ranchers

'We have a lot of cattle in this country'

By
Washington/Chicago | Reuters — U.S. President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as he looks to help U.S. ranchers hit hard by the coronavirus outbreak. The United States imports cattle from Mexico and Canada to supplement domestic supplies at lower prices and to […] Read more
Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets, Reuters

China hits Australia with barley tariff

Duty to last for five years; China may turn to Canada, other exporters

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Beijing/Sydney | Reuters — China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 per cent on Australian barley imports from Tuesday (May 19), which is expected to all but halt a billion-dollar trade between them. China’s ministry of commerce said it had confirmed dumping by Australia and significant […] Read more
CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Firm cash market lifts live cattle

Weaker pork prices, supply ideas drag on hogs

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Chicago | Reuters — U.S. live cattle futures closed higher on Friday, with the front contract gaining against back months, led by higher cash cattle prices, traders said. Cash cattle traded as high as $120/cwt in the southern Plains on Friday, the U.S. Department of Agriculture said, up from trades a week earlier that ranged […] Read more
(Kraig Scarbinsky/DigitalVision/Getty Images)
Crops, Markets, Reuters

Packaged-food majors see sales spike in pandemic

Big brands may benefit from larger, more secure supply chains

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Reuters — General Mills on Monday said it saw record demand for its pantry staples, becoming the latest packaged food maker to see business spike during the COVID-19 pandemic, as homebound shoppers stocked up on comfort foods during lockdowns. The company joins Nomad Foods, Premier Foods, Nestle, Mondelez and other processed food makers, which have […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures lower on profit-taking

August, October cattle limit down; June hogs also down

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Chicago | Reuters — U.S. live cattle futures closed lower on Monday, with some contract months falling their daily three-cent limit on profit-taking amid signs the U.S. meat-packing sector was stepping up beef production, traders said. Chicago Mercantile Exchange (CME) June live cattle futures settled down 1.975 cents at 92.675 cents/lb., after surging to a […] Read more
[Dave Bedard file photo]
Livestock, Reuters

Cargill to shut Montreal-area meat plant temporarily

Company says 64 workers tested positive for COVID-19

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Ottawa | Reuters — The Canadian arm of U.S. agribusiness Cargill said Sunday it would soon temporarily shut a Montreal-area case-ready meat plant after 64 workers tested positive for COVID-19. The plant is at Chambly, a South Shore suburb of Montreal, one of the worst hit cities in Canada. Cargill said it was winding down […] Read more
CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cash cattle, futures up on beef packer scrutiny

Profit-taking continues to drag on lean hogs

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Chicago | Reuters — U.S. live cattle futures rose on Friday along with cash prices as the federal government probed the beef market. The price of cattle in the cash market has rebounded since U.S. President Donald Trump on Wednesday said he had urged the federal Justice Department to look into allegations that the meatpacking […] Read more
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans climb on Chinese buying ahead of crop report

Wheat wrestles with demand concerns, weather woes

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Chicago | Reuters –– Chicago soybean futures climbed for a second session to a three-week high on Friday as Chinese buying underpinned prices and traders squared positions ahead of a supply and demand report due next Tuesday. Corn also rose on word China may increase agricultural buying to fulfill commitments laid out in January under […] Read more
A soybean plot in a demonstration field at a past Ag in Motion. Photo: Lisa Guenther
General, Machinery

Ag in Motion outdoor farm show going online instead for 2020

Showrunners plan free 'Ag in Motion Discovery Plus' online event

By ,
Glacier FarmMedia’s summer farm show Ag in Motion is coming in from the outdoors to operate in cyberspace for 2020. The event — which was due to run July 21-23 at the Glacier FarmMedia Discovery Farm on Highway 16 west of Langham, Sask., about 40 km northwest of Saskatoon — has been rebranded for 2020 […] Read more

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