U.S. livestock: Beef price turnaround rallies CME live cattle futures

U.S. livestock: Beef price turnaround rallies CME live cattle futures

Feeder cattle futures close sharply higher, strong lean hog futures settlement

Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts finished in positive territory on Tuesday for the first time in five sessions, fuelled by active short-covering following the recent wholesale beef price rise, traders and analysts said. August closed 2.025 cents per lb higher at 145.050 cents, and October 2.825 cents at 146.800 cents. The morning’s […] Read more

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U.S. livestock: CME live cattle finish flat-lower after choppy session

Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts settled flat to moderately lower following an up-and-down day on Monday, after traders sold deferred contracts and bought August because of its discount to last week’s cash prices, traders and analysts said. Short-covering and the morning’s wholesale beef price uptick at times helped underpin the nearby trading […] Read more





U.S. livestock: CME live cattle futures extend losses ahead of USDA reports

U.S. livestock: CME live cattle futures extend losses ahead of USDA reports

Chicago/Reuters – Chicago Mercantile Exchange live cattle stretched their losing streak to four days on Friday after investors tweaked positions before the government cattle reports due later in the afternoon, traders said. The U.S. Department of Agriculture’s monthly Cattle-On-Feed report was due at 2 p.m. CDT (1900 GMT). At the same time, USDA will issue […] Read more



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U.S. livestock: Lower cash prices sink CME live cattle for 3rd straight day

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures slid for a third day in a row on Thursday, hitting 13-month lows in those sessions, following preliminary cash price weakness, traders said. August closed 1.150 cents per lb lower at 143.350 cents, and October was down 1.800 cents at 144.650 cents. On Thursday, market-ready, or cash, […] Read more

Feds fund AFAC welfare surveillance

Feds fund AFAC welfare surveillance

Alberta Farm Animal Care designed to ensure good health, proper standards

The federal government has announced funding of $268,000 to Alberta Farm Animal Care (AFAC) to help ensure that cattle arriving at auctions and abattoirs are in good health and meet the standards required for processing. The announcement was made in Okotoks by Macleod MP John Barlow on behalf of Agriculture Minister Gerry Ritz. “This project […] Read more


The potential of probiotics to promote greater livestock health

The potential of probiotics to promote greater livestock health

Unlike antibiotics – which kill bacteria – probiotics are live cultures of beneficial bacteria

Last year Health Canada changed its regulations on antibiotics to prevent them being used as growth promoters in livestock. Drug makers like Bayer, Merck, and Novartis had already begun the change, removing labels on their products that advertised them as suitable for non-medicinal purposes. Antibiotics are still available to Canadian ranchers and feedlot operators but […] Read more

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U.S. Livestock: CME live cattle again sag to 13-month low as beef demand fades

Chicago/Reuters – Chicago Mercantile Exchange live cattle sank to a 13-month low for a second straight session on Wednesday as wholesale beef demand continued to flounder seasonally, traders said. August closed 0.650 cent per lb lower at 144.500 cents, and October down 0.825 cent at 146.450 cents. Wednesday morning’s wholesale choice beef price, or cutout, […] Read more