Expect rising prices within the year after the industry consolidates around veterinary prescriptions.

Comment: The other shoe is about to drop on livestock drugs

Increased fees for veterinary product registrations is likely to result in higher prices

In case you missed it April 1 was the day the revised Compendium of Medicating Ingredient Brochures or CMIB was posted online by the Canadian Food Inspection Agency to conform to Health Canada’s plan to combat antibiotic resistance in these vital drugs. The release of the revised CMIB starts the clock on bringing all antimicrobials […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle up on short-covering, fund buying

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher on Tuesday, helped by short-covering and fund buying that halted the market’s two-session slide, traders said. In a trading strategy known as bull spreads, some investors bought June futures and simultaneously sold deferred months in anticipation of this week’s cash prices. Bull spreads offset […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle slide

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Monday lost ground for a second straight session, hit by technical selling and the “roll” by funds out of June into deferred contracts, traders said. Funds in CME’s livestock markets that track the Standard + Poor’s Goldman Sachs Commodity Index sold, or rolled, June futures […] Read more


(Deyana Robova photo/iStock/Getty Images)

Hog prices steadying as barbecue season nears

CNS Canada — With barbecue season on the horizon, prices for Canadian pork rose during the week ended April 27, breaking out of their month-long fall. The timing could be perfect, as negotiators have already begun working on improving trade relations and cancelling proposed tariffs on Chinese imports of U.S. pork and other goods. “Prices […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle sag as funds roll positions

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday drew pressure from funds that sold, or “rolled,” June positions into back months before similar moves lasting five days beginning on Monday, said traders. Continued uneasiness about burdensome supplies ahead further deterred futures buyers, they said. There may be some concern about a […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Higher cash prices rally CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday led by better-than-expected cash prices that halted the market’s three-session losing skid, said traders. Fund buying and solid wholesale beef demand contributed to futures advances, they said. Still, cattle trading months slipped from highs amid lingering worries about a supply buildup in […] Read more

Tuberculosis bacteria under an electron microscope. (Janice Haney Carr photo courtesy Centers for Disease Control and Prevention (U.S.))

Bovine TB probe officially closed

An investigation across three provinces following the appearance of bovine tuberculosis (TB) in six Prairie cattle in 2016 has officially closed with no further cases found. The Canadian Food Inspection Agency on Monday reported receiving the last of the lab culture test results on about 30,000 animals tested during its probe. “All of the results […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle sag despite fundamentals

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday were weakened by funds that sold, or “rolled,” June positions into back months ahead of similar moves early next week, said traders. Nearby market losses trumped futures’ bullish discount to cash prices, strong wholesale beef values and triple-digit beef packer profits. June […] Read more