hamburgers cooking on a barbeque

As recession risk rises in U.S., beef demand holds up

Prime Cuts with Steve Kay

The likelihood of a tariff-induced recession rises in the U.S. and worsening consumer sentiment jeopardizes what was expected to be a recovery year for food service and retail. So says Rabobank in its April Agribusiness Review. Trade disruption begins to weigh on pork values, leaving producers cautious, while milk production returns to growth while tariff […] Read more












Photo: Canada Beef

U.S. livestock: Cattle, hog prices ease off

Cattle prices on the Chicago Mercantile Exchange slipped back on Tuesday despite earlier gains. The August live cattle contract rose to US$212.850 per hundredweight during the day, but eventually closed at US$209.750, a loss of US$1.250 compared to Monday’s close. The August feeder cattle contract also reached its highest price since May 13 at US$304.550/cwt. […] Read more