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(WTO.org)
Beef Cattle, Hogs, Livestock, Markets

U.S. seeks arbitration at WTO over COOL-related sanctions

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The U.S. government has mounted a new defense at the World Trade Organization for its meat label law, this time seeking arbitration against Canada’s request for trade sanctions. The WTO Dispute Settlement Body (DSB) had been scheduled Wednesday to hear Canadian trade officials’ request to authorize over $3 billion in tariffs on U.S. goods, in formal retaliation […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle again close mostly firm

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Chicago | Reuters — For a second straight session most Chicago Mercantile Exchange live cattle contracts finished in modest positive territory on Tuesday pegged to bear spreading and speculative buying, traders said. The spreads consisted of traders who sold June futures ahead of its expiration on June 30 and simultaneously bought deferred months. June closed […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle end mostly firm

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Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts gained modestly on Monday, supported by short-covering and futures’ discounts to last week’s cash prices, traders said. Investors bought deferred contracts and simultaneously sold June ahead of its expiration on June 30, they said. June closed down 0.275 cent per pound to 152.175 cents, […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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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.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

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

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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)
Beef Cattle, Hogs, Livestock, Machinery, Markets, Poultry/Eggs, Weather

Premises ID now online for Sask. livestock producers

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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

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