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

U.S. livestock: April live cattle down slightly

U.S. cattle inventory report shows steep decline; lean hogs also lower

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Chicago | Reuters — U.S. live cattle futures climbed to new contract highs early in the session before settling slightly lower on Tuesday, as traders assessed U.S. cattle inventory levels ahead of the U.S. Agriculture Department’s biannual report. After the market closed, USDA reported that the U.S. beef cow herd dropped to 28.9 million head, […] Read more
File photo of a provincial border marker in Lloydminster. (Michele Gervais/iStock/Getty Images)
General

Borderline city hosts interprovincial food trade pilot

Trade barrier on pause for two years for food businesses serving Lloydminster

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The idea of loosening interprovincial trade in certain foods made by provincially-inspected processors will get a major test in one of Canada’s very few province-crossing municipalities. The Saskatchewan, Alberta and federal governments on Jan. 19 announced the start of a two-year pilot project within the limits of Lloydminster, a city of over 31,000 people straddling […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle firm on strong cash trade

Cattle inventory report due out Tuesday; CME hogs end mixed

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Chicago | Reuters — U.S. live cattle futures firmed on Monday, supported by strengthening cash trade and in anticipation of the U.S. Agriculture Department’s biannual cattle inventory report, due out on Tuesday. “Historically, the cattle inventory report wouldn’t be that big of a market mover. But it is a good check in on where you’re […] Read more
File photo of a pedestrian crossing in front of the World Trade Organization headquarters in Geneva, Switzerland on Dec. 9, 2019. (Photo: Reuters/Denis Balibouse)
General, Reuters

U.S. wants WTO dispute system fixed by 2024

Appeals body frozen since Trump era; Washington 'very committed' to reform

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Geneva | Reuters — The United States is entering a third phase of talks with countries to reform the World Trade Organization’s (WTO) hobbled trade dispute arbitration system and aims for it to be “fully functioning” by the end of 2024, the U.S. ambassador to the WTO told Reuters on Thursday. The WTO’s appeals bench, […] Read more
CME February 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures up off lowest since December 2021

Cattle futures down with cash markets

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Chicago | Reuters — U.S. hog futures rose on Thursday as strength in cash markets and rising export demand sparked a round of bargain buying after prices hit their lowest in more than a year. But weakness in the cash markets weighed on cattle futures. The U.S. Agriculture Department said on Thursday morning that export […] Read more
Siddika Mithani — shown here in an illustration from a series of “superhero trading cards” published in 2022 featuring CFIA researchers and staff — has retired from her post as CFIA president. (CFIA via Twitter)
General

CFIA president retires

NFU calls for next agency boss to prevent 'regulatory capture'

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Canada’s federal regulator for the food and animal and plant health sectors is in the market for a new president following the incumbent’s retirement. The Canadian Food Inspection Agency has confirmed its president, Dr. Siddika Mithani, has retired from the federal public service effective Jan. 20. Mithani has led CFIA since February 2019, having served […] Read more
CME February 2023 lean hogs with 20- and 50-day moving averages and CME cash lean hog index (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures hit lowest since late 2021

Ballooning supplies an issue; cattle futures mixed

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Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to their lowest in more than a year on Wednesday, with plentiful supplies and weak export demand weighing on prices, traders said. Cattle futures were mixed, with nearby contracts easing while deferred contracts firmed on concerns about low animal weight. February lean hog futures ended […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures firm even as feed prices weigh

Lean hogs end lower, pork packing margins up

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures were mixed on Tuesday as soybean and grain prices firmed, traders said. Live cattle and feeder futures were able to continue Monday’s price bump. But the higher feed prices weighed on the beef market, as did questions over consumer and export demand, StoneX chief commodities economist […] Read more

Canadian Cattlemen Presents: Depth of Field

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