(Photo courtesy Canada Beef Inc.)

U.S. livestock: Profit-taking undercuts CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures snapped a three-day win streak on Thursday, pressured by profit-taking and a wholesale beef price downturn, traders said. June closed down 0.575 cent per pound, to 155.225 cents, and August 0.6 cent lower at 152.925 cents (all figures US$). Thursday morning’s wholesale choice beef (cutout) […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle spike to five-month high

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures peaked at five-month highs on Wednesday, sparked by short-covering and Tuesday’s steep climb in the wholesale beef (cutout) price, traders said. Profit-taking and Wednesday morning’s modest cutout gains pulled futures from session highs, they said. June closed up 0.725 cent per pound, to 155.8 cents, […] Read more

(AllflexUSA.com)

Premises ID now online for Sask. livestock producers

Saskatchewan’s premises ID (PID) system for livestock producers has officially gone online, the provincial and federal ag ministries announced Monday. While the province’s livestock commodity groups and provincial ag ministry have so far helped about 1,400 producers register their operations, the new system will allow producers to sign up, log in and make changes to […] Read more


(Canada Beef Inc. photo)

U.S. livestock: CME live cattle climb as beef prices jump

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, fuelled by short-covering after the sharp rebound in wholesale beef prices, traders said. June closed up 1.6 cents per pound, to 155.075 cents, and August 1.275 cents higher at 152.875 cents (all figures US$). Tuesday morning’s wholesale choice beef price surged […] Read more



(CMEGroup.com)

U.S. livestock: Speculative buying rallies CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished higher on Monday, buoyed by speculation that cash and wholesale beef prices may bottom out soon, traders said. June closed up 0.65 cent per pound to 153.475 cents, and August 1.025 cent higher at 151.6 cents (all figures US$). Monday morning’s wholesale choice beef (cutout) […] Read more

Quebec Agriculture Minister Pierre Paradis. (MAPAQ.gouv.qc.ca)

Quebec plans new legal status for animals

Quebec’s agriculture minister has tabled a new provincial government bill to raise the legal status of domestic and farmed animals in the province beyond that of “furniture.” Pierre Paradis on Friday introduced Bill 54 in the provincial assembly, with the stated goal of enshrining animals in Quebec’s Civil Code as sentient beings — that is, feeling and […] Read more