Insights and Stories on Livestock

Aug. 31, 2021 at 5:11 pm CDT

Buenos Aires | Reuters — Argentina extended beef export restrictions until the end of October on Tuesday, stoking tensions with the powerful farm sector as the government seeks to bolster domestic meat supply to help contain rising food prices. The move comes months before key mid-term elections, with centre-left President […]

By Maximilian Heath, nicolas-misculin

Aug. 31, 2021 at 9:20 am CDT

Compared to last week, western Canadian yearling prices were quoted $3 to as much as $6 higher; calf markets once again traded $3-$5 on either side of unchanged depending on the region. Unbridled buying interest was noted on larger groups of high-quality yearlings. Despite the grass conditions this summer, cattle […]

By Jerry Klassen

Aug. 30, 2021 at 8:09 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures sagged on Monday as beef prices fell and brokers worried that U.S. demand for steaks and hamburgers will decline after the upcoming Labour Day holiday weekend. Beef prices have softened after reaching their highest price since May 2020 last week […]

By Tom Polansek

Aug. 30, 2021 at 2:42 am CDT

A second agreement in principle has been reached between meat packer Olymel and the union for one of its major Quebec hog slaughter and processing plants to end a months-long strike — this time under threat of layoffs. Olymel and the CSN-affliliated Syndicat des travailleurs de Olymel Vallee-Jonction (STOVJ) announced […]

By Dave Bedard

Aug. 27, 2021 at 5:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed on Friday, led by the nearby October contract, in a technical and bargain-buying rally that narrowed the market’s sizeable discount to the exchange’s lean hog index, traders said. Actively traded October futures scaled to a 3-1/2 week peak and […]

By Karl Plume