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Beef Cattle

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Strong cash prices drive CME live cattle limit-up

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed up their three cent/lb. maximum daily price limit on Wednesday, ignited by short-covering in response to better-than-expected cash prices, traders said. August and October finished at 151.075 and 153.7 cents, respectively (all figures US$). The CME live cattle trading limit will be expanded to […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Corn, Hogs, Livestock, Markets, Reuters

U.S. livestock: Corn prices drop CME feeder cattle limit down

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Chicago | Reuters — Thinly traded Chicago Mercantile Exchange feeder cattle futures closed down their 4.5-cent/lb. maximum daily limit on Tuesday, responding to steep corn market gains, traders said. Chicago Board of Trade corn futures jumped nearly eight per cent after the U.S. Department of Agriculture’s bullish grain report. Pricey corn could increase input costs […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle rebound on short-covering

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Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Monday, supported by short-covering before the final trading session of the quarter on Tuesday, analysts said. June, which will also expire on Tuesday, finished 1.275 cents/lb. higher at 149.675 cents, and August up 1.35 cents, to 149.875 cents (all figures US$). “I think […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Lower grain production weighing on feeder market

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Western Canadian feeder cattle prices experienced a mixed tone over the past week, with auction markets reporting prices $3 lower to $3 higher in comparison to seven days earlier. The Prairie region continues to experience above-average temperatures causing significant deterioration to pasture and crops in Alberta and western Saskatchewan. Certain auction markets experienced slightly larger […] Read more
Minister of Agriculture and Agri-Food, Gerry Ritz.
Beef Cattle, CCA reports

CCA Report: A COOL victory for Canadian beef producers

From the June 2015 issue of Canadian Cattlemen

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On May 18, in a historic and decisive victory for Canada’s cattle industry, the Appellate Body of the World Trade Organization (WTO) issued a fourth and final ruling confirming that U.S. mandatory country-of-origin labelling (COOL) discriminates against U.S. imports of Canadian cattle and hogs. The ruling effectively ends the eight-year legal battle initiated by the […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs gain on short covering before USDA report

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Friday, supported by short covering before the U.S. Department of Agriculture’s quarterly hog report expected at 2 p.m. CT, traders said. Analysts expect Friday’s report to show further herd expansion during the March through May quarter compared with a year earlier. “The […] Read more
Border collie walking on grass, tongue lolling out of mouth
Beef Cattle, Straight from the hip

Beef industry could learn from ‘Champion’ pet food maker

The Canadian Beef Centre of Excellence is a great start, as long as we fully understand our customers

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Mankind has long claimed the sharing of food is an international activity that crosses all borders and beliefs. Ancient history depicts food in love and war and those recordings in stone, paper, parchment, canvas and thread always included other under-the-table guests. For 10,000 years these revered companions, dog or cat, have occupied our historical pages. […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle limit down as corn prices jump

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Chicago | Reuters — Lightly-traded Chicago Mercantile Exchange feeder cattle futures closed down their 4.5-cent per pound maximum daily limit on Thursday following double-digit corn market gains, traders said. Chicago Board of Trade corn futures surged as much as three per cent on worries heavy rainfall could reduce U.S. Midwest crop belt yield potential. High-priced […] Read more
three men talking on a cattle pasture
Beef Cattle, News

McDonald’s ‘verified sustainable beef’ project steams ahead

Visit to Alberta from McDonald's global CEO signals a sea change in the Canadian beef industry

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It’s full speed ahead for McDonald’s “verified sustainable beef” project. The country’s largest buyer of beef is finishing up the first phase of its groundbreaking pilot project in Canada, and earlier this month the head of the global fast-food giant paid a visit to Alberta to get a first-hand look. Recently appointed CEO Steve Easterbrook […] Read more

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