(CMEGroup.com)

U.S. livestock: Hog futures jump on fund buying, USDA report

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, driven by short-covering and fund buying after contracts broke through technical resistance levels, traders said. They said last Friday’s U.S. Department of Agriculture quarterly hog report stirred additional deferred-month buying. The survey showed modest U.S. herd growth during the December-February quarter […] Read more

A Western blot analysis, used to confirm BSE in bovine brain tissue. (Peggy Greb photo courtesy ARS/USDA)

France confirms new BSE case

Paris | Reuters –– France’s agriculture ministry confirmed Thursday a case of bovine spongiform encephalopathy (BSE) had been discovered in the northeastern region of Ardennes. The suspected case, found in a five-year-old cow, was identified last week during a test carried out on cattle older than 48 months after slaughter. The farm ministry said there […] Read more





Cattle price insurance premiums reflect risk

News Roundup from the March 2016 issue of Canadian Cattlemen

If you haven’t bought price insurance on your calves through the Western Livestock Price Insurance Program (WLPIP) yet you’ll find the premiums a little higher than last year. That’s to be expected given the volatility in today’s market, says Bruce Viney, a risk management specialist with Alberta Agriculture and Forestry. “Volatility is simply a statistical […] Read more




A town square in Aguas Calientes, near Machu Picchu in southern Peru. (CIA.gov)

Peru lifts trade barriers to U.S. beef

Washington, D.C. | Reuters — Peru has agreed to lift its remaining safety barriers to U.S. beef exports, further opening one of the fastest-growing markets in Latin America to U.S. ranchers, Obama administration officials said Monday. U.S. Trade Representative Michael Froman and Agriculture Secretary Tom Vilsack said the agreement with Lima will remove certification requirements […] Read more