Insights and Stories on COVID-19

U.S. livestock: Live cattle strengthen on demand outlook

Dec. 1, 2020 at 6:53 pm CST

Chicago | Reuters — Live cattle futures rose on Tuesday, supported by strong U.S. consumer demand and high wholesale beef prices, traders said. Chicago Mercantile Exchange February live cattle futures added 0.3 cent to 113.175 cents/lb. (all figures US$). CME cattle futures have been steady in recent weeks, recovering from […]

U.S. border restrictions to last a long time yet, Trudeau says

Dec. 1, 2020 at 5:49 pm CST

By David Ljunggren

Klassen: Feeder market stabilizes on demand hopes

Dec. 1, 2020 at 4:53 am CST

By Jerry Klassen

U.S. fuel industry frazzled as EPA misses biofuel volumes deadline

Nov. 30, 2020 at 7:59 pm CST

By Stephanie Kelly

Denmark wants to dig up ‘zombie mink’ that resurfaced from mass graves

Nov. 27, 2020 at 2:39 pm CST

By Reuters

China’s coronavirus testing chokes beef trade

Nov. 27, 2020 at 2:23 pm CST

Beijing | Reuters — In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. Fresh supplies of beef won’t arrive for days, a salesman at the Suning.com-owned […]

By Dominique Patton Hallie Gu

Canada’s mink farms brace for COVID

Nov. 26, 2020 at 8:18 pm CST

Canada’s 40 mink farms are operating under heightened biosecurity requirements after reports of COVID-19 jumping from humans to mink in Europe. Alan Herscovici, an industry spokesperson who operates the website Truthaboutfur.com, said early reports out of Denmark and other European countries gave Canadian producers some time to prepare. “These farms […]

By Gord Gilmour

ICE weekly outlook: Canola stronger at midweek

Nov. 25, 2020 at 5:15 pm CST

MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $578.90 per tonne, gaining a few dollars after losing $7 in the prior day’s trade. Keith Ferley of RBC Dominion Securities in Winnipeg said canola’s […]

By Marlo Glass – MarketsFarm

U.S. livestock: Cattle futures follow beef prices, Dow higher

Nov. 24, 2020 at 6:10 pm CST

Chicago | Reuters — U.S. cattle futures closed higher on Tuesday for a third straight session, lifted by surging wholesale beef prices and optimism that coronavirus vaccines could trigger an economic recovery, bolstering demand for meat, traders said. Wall Street’s Dow Jones industrial average hit a record high above 30,000 […]

By Julie Ingwersen

Klassen: Feeder market incorporates risk discount

Nov. 23, 2020 at 9:49 pm CST

Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm […]