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File photo of hogs in an outdoor pen on St. Croix in the U.S. Virgin Islands. (EAGiven/iStock/Getty Images)
Hogs, Livestock, Reuters

U.S. seeks to protect pork exports if swine fever hits territories

Policy would distinguish Puerto Rico, Virgin Islands from mainland

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Chicago | Reuters — The United States said on Thursday it is seeking to avoid disruptions to pork exports if the territories of Puerto Rico or the U.S. Virgin Islands detect the fatal pig disease African swine fever. The risk for infections in the territories is higher after the Dominican Republic last month confirmed the […] Read more
CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures ease as beef prices cool

Lean hog index still at premium to futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Wednesday, as beef prices eased ahead of the Labour Day holiday, traditionally a big beef consumption holiday, traders said. “We’re getting into that lull period ahead of the Labour Day holiday, where the retailers have already got their product purchased from the packers,” […] Read more
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and brown lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures post new highs, end mixed

Hogs down on supply outlook

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to contract highs on Tuesday but ended mixed, with nearby contracts pressured by ideas that beef prices are topping out after a surge to nearly 15-month highs, traders said. Deferred live cattle contracts, however, were higher on the day on concerns about tight cattle […] Read more
(Sollio Co-operative Group video screengrab via YouTube)
Hogs, Livestock

Olymel’s striking Quebec workers get layoff ultimatum

Hog slaughter plant idle since late April

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Updated — The threat of job losses for about half the unionized workers at a major pork packing plant in Quebec is its owners’ latest bid to end a four-month strike. Olymel announced Tuesday it will “abolish” the evening shift at its hog slaughter and processing plant at Vallee-Jonction, about 60 km southeast of Quebec […] Read more
(Olymel video screengrab via YouTube)
Hogs, Livestock

Time for arbitration in Olymel strike, PQ says

Province's new mediator not enough, party says

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Quebec’s third opposition party is calling on the province’s CAQ government to propose arbitration for an end to a strike at a major pork slaughter plant. The Parti Quebecois’ ag critic, Matane-Matapedia MNA Pascal Berube, and its labour critic, Jonquiere MNA Sylvain Gaudreault, made the pitch Friday, after workers from Olymel’s plant at Vallee-Jonction voted […] Read more
(Dave Bedard photo)
Livestock, Markets

StatsCan sees higher cattle, hog inventories at July 1

Full impacts of West's drought not yet counted

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Nationwide head counts of livestock from the “early stages” of Western Canada’s ongoing drought won’t yet show the weather’s full impact, but showed slightly larger herds heading into this summer compared to last year. Statistics Canada on Monday reported the first year-over-year increase in the size of the country’s cattle herd as of July 1 […] Read more
CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle rebound on improving cash markets, beef prices

CME lean hogs also up off Thursday losses

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rebounded from prior-session losses on Friday, supported by signs of improving cash cattle prices and firming wholesale beef values, traders said. Prices, however, continued to struggle to break out of their recent trading range as concerns about slowing global economic growth and rising […] Read more
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs drop in broader commodities sell-off

Investors take 'risk-off' approach, U.S. dollar surges

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Chicago | Reuters — Cattle and hog futures on the Chicago Mercantile Exchange fell on Thursday, tracking broader market pressure amid worries about global growth and despite rising prices for beef and pork, traders said. Crude oil fell to its lowest levels since May and the U.S. dollar surged to a nine-month high, as rising […] Read more
Representatives of les Eleveurs de porcs du Quebec speak Wednesday in Longueuil, calling on Premier Francois Legault to intervene in the strike at Olymel’s Vallee-Jonction hog slaughter plant. (Leseleveursdeporcsduquebec.com)
Hogs, Livestock, Markets

Striking Quebec pork plant staff reject deal with Olymel

Quebec hog farmers call for province to intervene

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Quebec’s hog farmers now want Premier Francois Legault to step in on a months-long strike at a major pork packing plant after its workers rejected a tentative deal between their union and employer. Workers at Olymel’s plant at Vallee-Jonction, about 60 km southeast of Quebec City, met Tuesday evening to vote on an agreement in […] Read more
CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle up on firm cash market, beef prices

Speculative buying, cash pork prices lift lean hogs

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange firmed on Wednesday on higher cash cattle and beef prices, while feeder cattle gained as rains were forecast to hit drought-parched grazing pastures in the western Midwest and northern Plains, traders said. The U.S. Department of Agriculture (USDA) reported moderately active cattle sales […] Read more

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