Beef Grading: Yield is down, fat is up

Beef Grading: Yield is down, fat is up

News Roundup from the February 2016 issue of Canadian Cattlemen

The year-end 2015 grading results are cause for concern but I doubt many have noticed. On the positive side we see a very sharp increase in AAA carcasses from 57.1 per cent of the total in the Prime to A series to 62.0 per cent. In fact Prime plus AAA now make up almost two-thirds […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Fund buying boosts CME live cattle limit-up

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled up by their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and fund buying, traders said. February and April ended at 132.95 cents and 132.125 cents/lb., respectively. Live cattle’s trading limit will be expanded to 4.5 cents on Wednesday. “There was no rationale […] Read more



cow with ear identification tag

Tag losses higher on cows

News Roundup from the February 2016 issue of Canadian Cattlemen

It won’t be long before the industry may have some answers to a problem that has long been the ire of beef producers — tag retention for animal identification. The final report on the Canadian Cattle Identification Agency’s (CCIA) national tag retention project will be made public on its website this April along with details […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle finish mostly weak

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed weak on Thursday, after investors sold deferred months and bought February in anticipation of at least steady cash prices by Friday, traders said. Packers in Kansas and Texas on Thursday bid $138/cwt for market-ready, or cash, cattle, which matched last week’s sales, said […] Read more