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Beef Cattle

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

U.S. livestock: CME live cattle slump with beef prices, but off lows

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Chicago | Reuters — Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by profit-taking and a wholesale beef price reversal after Thursday’s spike, traders said. Futures remained undervalued based on this week’s cash price expectations, which stirred late-session buying that freed contracts from session lows. June closed down 0.4 cent per pound, to […] Read more
aerial drone
Beef Cattle, Livestock

Drones can give cattle producers a new perspective on herd management

Infrared cameras on UAVs are being tested to detect differences in body temperature of animals

By
Unmanned aerial vehicles, commonly referred to as drones, are part of a growing trend toward precision agriculture: using technology to reduce costs and maximize yields. Dr. John Church from Thompson Rivers University (TRU) is leading the way in developing applications for the technology in the cattle sector. “Drone technology has real potential as a tool […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle jump on beef price turnaround

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Thursday on short-covering after wholesale beef values turned higher, traders said. June closed up 0.725 cent per pound, to 153.225 cents, and August 0.825 cent higher at 151.45 cents (all figures US$). Thursday morning’s choice wholesale beef price, cutout, rose $1.23 per hundredweight […] Read more
cattle in a feedlot
Beef Cattle, Beef Watch

Beef Watch: Canadian cattle inventories decline, U.S. herds expanding

Beef Watch is prepared by the staff of Canfax and Canfax Research Services, divisions of the Canadian Cattlemen's Association

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While U.S. herd expansion is underway, the Canadian beef cattle herd remains in the consolidation phase. Cow-calf and feedlot profitability improved significantly in 2014 with record cattle prices, lower feed costs and strong beef demand, but risk factors such as weather conditions, input costs and competition from pork and poultry need to be closely watched […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle fall as beef demand fades

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday closed lower following sliding wholesale beef prices, traders said. June closed down 0.8 cent per pound to 152.5 cents, and August 1.375 cents lower at 150.625 cents. The choice wholesale beef price, or cutout, on Wednesday fell $2.13 per hundredweight (cwt) from Tuesday […] Read more
woman shopping near a meat display in a grocery store
Beef Cattle, Prime cuts

COOL legislation had no benefit for the U.S. beef industry

Prime Cuts from the May 2015 issue of Canadian Cattlemen

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It’s a coincidence that May heralded one of the last chapters in the long-running saga over country-of-origin labelling just as the spring grilling season begins. But it’s worth noting that COOL supporters claimed that COOL would improve demand for U.S. beef and that consumers would pay more for it. What has happened since COOL was […] Read more
(Peggy Greb photo courtesy ARS/USDA)
Beef Cattle, Fruit/Vegetables, Grapes, Hogs, Livestock, Markets, Reuters

Canada preparing shorter list of tariff targets in COOL fight

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Winnipeg | Reuters — Canada is whittling down its list of U.S. products that it may hit with steep tariffs in retaliation against contentious meat-labeling laws, Agriculture Minister Gerry Ritz said on Tuesday. The Canadian government is likely to target beef, pork, California wines, mattresses, cherries and office furniture, possibly along with other goods, from […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures Tuesday settled mostly weaker on profit-taking and the morning’s soft wholesale beef prices, traders said. The reversal of a trading strategy known as bear spreads implemented on Monday propped up the June contract and further pressured August futures. June closed up 0.15 cent per pound […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle rally on discount to cash prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Monday and erased Friday’s losses, supported by short-covering and futures’ discounts to last week’s cash prices, traders said. June closed 0.825 cent per pound higher at 153.15 cents, and August rose 0.875 cent to 152.15 cents (all figures US$). “They (traders) can’t fight […] Read more

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