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

U.S. livestock: CME live cattle end mostly lower after rocky session

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Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts landed in negative territory on Tuesday after an up-and-down day of trading stirred by short-covering and uncertainty about near-term cash prices, traders said. Spot December closed up 0.625 cent, to 122.25 cents/lb., February ended down 0.075 cent, to 127.075, and April 0.4 cent lower, […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: COOL news weighs on CME live cattle, hogs

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell on Monday, partly led by the World Trade Organization’s (WTO) ruling against the U.S. in a meat-labeling dispute, said traders. Canada and Mexico may impose tariffs worth $1 billion onto U.S.-traded products, a WTO panel ruled on Monday, as the countries prepared to retaliate […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets

WTO dials back Canada’s COOL retaliation

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Canada will be able to take only about a third of the revenge it asked the World Trade Organization to authorize over the United States’ country-of-origin labelling (COOL) law. An arbitration panel of the WTO’s Dispute Settlement Body (DSB) ruled Monday that Canada and Mexico may now ask the DSB to authorize annual retaliatory tariffs, […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Beef price retreat pares CME live cattle gains

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Friday finished in negative territory for a third day in a row after weak wholesale beef values erased initial short-covering gains, traders said. Spot December closed 1.425 cents lower at 124.275 cents/lb., and marked a new contract low of 123.875 cents (all figures US$). […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle fall again with cash prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted significant losses on Thursday for a second straight session, with nearby contracts posting new lows, in response to weaker cash prices, traders said. Spot December closed 3.4 cents lower, at 125.7 cents/lb., and made a new low of 124.6 cents. February closed 2.175 cents […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle fall most in two weeks on dry Plains forecast

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Chicago | Reuters –– U.S. cattle futures fell as much as 2.5 per cent on Monday, with both live and feeder cattle contracts posting their largest daily declines in two weeks on ample supplies and expectations for improved weather in the southern Plains. Snow, ice and rains slowed movement of cattle to market last week […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle up for week, first time since October

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures edged higher on Friday, capping their first weekly gain in five weeks as wintry weather across the central U.S. slowed the movement of cattle to market. Storms from New Mexico to Illinois that brought ice, snow and pounding rain caused flooding, killing at least three […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock, Markets

Hog prices fighting for stability

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CNS Canada — Canadian hog prices have been drifting slightly lower over the past few weeks but are showing signs of turning the corner, according to one industry expert in Saskatchewan. Brad Marceniuk, a provincial livestock development specialist in Saskatoon, said he expects prices to stabilize in the next couple of weeks as slaughter numbers […] Read more

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