LIVESTOCK: CME live cattle jump about 2 pct on record beef prices — July 22, 2014

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Reuters — Chicago Mercantile Exchange live cattle futures rose almost 2 per cent on Tuesday, fueled by short-covering in response to record-high beef prices, traders said. Tuesday morning’s wholesale price for choice beef surged $3.07 per hundredweight (cwt) from Monday to an all-time high of $253.59. Select beef climbed $2.10 to a record $246.18, according […]


NCFA settles into its role

As the National Cattle Feeders Association (NCFA) settles into its eighth year of operation, chair Jeff Warrack says the group is now having an impact on government decision makers in Ottawa. “Our specific focus is on national issues that affect feedlots and with our presence in Ottawa people recognize we have made contributions and want […]


China food scandal drags in Starbucks, Burger King and McDonalds — July 22, 2014

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Shanghai/Reuters — The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks , Burger King Worldwide Inc and others, as well as McDonald’s products as far away as Japan. McDonald’s Corp and KFC’s parent Yum Brands Inc apologized to Chinese customers on Monday after it emerged that Shanghai Husi Food […]


LIVESTOCK: Beef price surge extends CME live cattle advances — July 21, 2014

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Chicago Mercantile Exchange live cattle futures gained for a third straight session, fuelled by sharply higher wholesale beef prices, traders said. August live cattle finished 1.325 cents per lb higher at 152.950 cents, and October 0.925 cent higher at 155.250. Monday morning’s wholesale price for choice beef jumped $2.02 per cwt from Friday to $250.47. […]


Klassen: Strong domestic demand to curb feeder cattle exports — July 21, 2014

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Fed cattle prices in Alberta reached record highs last week trading the range of $164/cwt to $165/cwt. Feedlot margins surged into positive territory, once again reinforcing the price structure for feeder cattle. It appears the fed cattle market is incorporating a risk premium due to the uncertainty in production. For the week ending July 18, […]


Beef producers: reading this may lower your blood pressure — July 18, 2014

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Penn State University researchers say that contrary to conventional wisdom, a growing body of evidence shows that eating lean beef can reduce risk factors for heart disease. “This research adds to the significant evidence, including work previously done in our lab, that supports lean beef’s role in a heart-healthy diet,” Penny M. Kris-Etherton, distinguished professor […]


Mink Producers granted more time to repay cash advances — July 17, 2014

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Canada’s 233 mink farmers have been granted more time to repay cash advances under the Advance Payments Program (APP). They now have until June 1, 2015 to repay their 2013 advance in full. An Agriculture Canada release said the price of mink fur has dropped significantly this past year and mink producers may be unable […]


Excess rainfall may cut Canadian flax harvest — July 16, 2014

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CNS — Flooding on the eastern edge of the Prairies has thrown into question how many flax acres will be harvested this year. Dozens of communities in southeast Saskatchewan and southwest Manitoba have been inundated with water resulting in flooded fields and stalled crops. Will Hill, the president of the Flax Council of Canada, says […]


Evolution causes cattle to lose three toes — July 16, 2014

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Scientists at the University of Basel in Switzerland say they have identified a gene regulatory switch that has led to cattle losing three toes. In a release on their study published in the journal Nature this week, the scientists say the fossil record shows that the first primitive even-toed ungulates (hoofed animals) had legs with […]


U.S. officials call foul over Canada’s ‘pizza kit’ clampdown — July 16, 2014

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Ottawa’s move to plug a regulatory hole that eased pizzerias’ access to U.S. mozza seems to have halted traffic in “pizza kits” — but U.S. officials see that move as potentially trade-unfriendly. Officials also estimate the move will effectively shut Canada’s ports to thousands of tons of U.S. pizza toppings valued at up to US$30 million […]