CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures firm

CME hog futures hold steady

Chicago | Reuters — U.S. live cattle futures edged higher on Friday, with low animal weights supporting prices that hit their highest in nearly eight years earlier this week. “It’s a trend that doesn’t get reversed quickly, and likely sets us up for lighter weights well into the spring,” brokerage StoneX wrote in a note […] Read more

CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle futures mixed, remain near highest since 2015

Chicago lean hogs end lower

Chicago | Reuters — U.S. cattle futures were narrowly mixed on Thursday, consolidating around the near eight-year high hit earlier in the week. Limited supplies in the cash market underpinned futures prices. “The packers will have to bid up to get these animals,” said Dan Smith, senior risk manager at Top Third Ag Marketing. “The […] Read more


It’s worth thinking about what our governments and industry are doing to minimize the risk of a future outbreak of foot-and-mouth disease, given how widespread it remains globally.

Comment: A look back at foot-and-mouth in Canada

Foot-and-mouth disease has been a nagging worry for many in our beef industry. The proposed Canadian vaccine bank is regularly on the agenda at industry conferences and the animal health committee meeting during the Canadian Cattle Association AGM (and will likely be again next month in Ottawa). The prospect of a foot-and-mouth outbreak in this […] Read more

Ag Minister Nate Horner speaks at the Harmony Beef plant at Balzac, Alta. on Feb. 7, 2023. (Government of Alberta video screengrab via YouTube)

Alberta plans new ag processing tax credit

Incentive to be introduced in 2023 budget

Alberta has telegraphed plans for a new provincial tax credit in its upcoming budget to spur development in the ag processing sector. The province on Tuesday announced plans for what it calls the Alberta Agri-Processing Investment Tax Credit — a 12 per cent, “non-refundable” tax credit for corporations making capital investments in “value-added agri-processing” in […] Read more


CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: Cattle futures firm, tight supplies underpin

Hogs up off 13-month lows

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by tightening cattle supplies and strong cash trade that continue to push front-month futures to near eight-year highs. “The cash price outlook right now is very firm,” said Doug Houghton, technical analyst at Brock Capital Management. “The overall supply outlook is for […] Read more

CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures ease off highest since 2015

Hogs up off lowest since late 2021

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Tuesday, snapping an 11-session streak of gains on a profit-taking setback after hitting their highest in more than seven years. Some signs of weakness in the cash markets and concerns about profit margins added pressure. Hog futures were firmer after hitting their lowest in […] Read more


CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle futures extend winning streak

Front-month live cattle, feeders hit highest since 2015; lean hogs down

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for the 11th session in a row on Monday, hitting their highest in more than seven years as tight supplies continued to fuel a rally. Strength in the cash market added to the gains in cattle futures. But surplus supplies weighed on the hog markets, […] Read more

CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle climb as smaller U.S. herd attracts spec buyers

Chicago lean hogs close mostly higher

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set life-of-contract highs on Friday as a government report this week showing reduced U.S. cattle supplies continued to inspire speculative buying, traders said. A seasonal slide in wholesale beef prices capped rallies. But traders remained fixated on longer-term supplies after the U.S. Department of Agriculture […] Read more


(TourEiffel.ca)

Olymel to shut two pork processing plants

Triomphe ham, deli meat plants to close in late April

Meat packer Olymel is set to close a chapter in its acquisition history when it shuts down two Montreal-area pork further-processing plants it bought five years ago. Olymel, a division of ag co-operative Sollio, announced Wednesday it will close the former Aliments Triomphe plant at Blainville and its sister plant about 18 km southeast at […] Read more

CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures ease off contract highs

Chicago lean hog values retreat

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday as traders booked profits, one day after the benchmark April contract set a life-of-contract high and the U.S. Agriculture Department reported a three per cent year-on-year drop in the size of the U.S. cattle herd. CME April live cattle […] Read more