Livestock , Latest & Featured - Canadian Cattlemen

NAFTA dispute resolution mechanism critical, Canada says

By David Ljunggren July 18, 2017

Ottawa | Reuters — Canada believes it is critical for NAFTA to have a dispute resolution mechanism, a senior official said on Tuesday, setting up a potential clash with Washington when talks to renegotiate the pact begin. The U.S. on Monday released its goals for the talks, which aim to update an agreement that came […] Read more

Finishers, Livestock, Markets

Klassen: Renewed optimism supports feeder market

By Jerry Klassen July 18, 2017

Compared to last week, western Canadian feeder cattle markets were trading $3 lower to as much as $5 higher. Once again, most auction barns were either closed or had limited numbers on offer. Lighter-weight yearlings were in high demand, especially after the triple-digit gains in the live and feeder cattle futures on Wednesday and Thursday. […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Livestock, Markets, Reuters

U.S. livestock: Lean hogs draw support from cash price discounts

By Theopolis Waters, GFM Network News July 17, 2017

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished higher on Monday, helped by their discounts to cash prices and technical buying, traders said. Thinly-traded July, which expired at noon CT, settled down 0.2 cent/lb. at 92.4 cents and almost par with CME’s hog index for July 13 at 92.78 cents (all figures […] Read more

Livestock, Reuters

U.S. makes lower trade deficit priority in NAFTA talks

By David Lawder, lesley-wroughton July 17, 2017

Washington | Reuters — The United States on Monday launched the first salvo in the renegotiation of the 23-year-old North American Free Trade Agreement (NAFTA), saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. In a much-anticipated document sent to lawmakers, U.S. Trade Representative Robert Lighthizer said […] Read more

Dairy Cattle, Livestock, Reuters

U.S. dairy lobby increases pressure on Canada

By David Ljunggren, Rod Nickel July 17, 2017

Ottawa/Winnipeg | Reuters — The U.S. dairy lobby is ratcheting up the pressure on Canada as talks to renegotiate NAFTA draw closer, demanding concessions the Canadian government looks unwilling to grant, according to people familiar with the file. The result could be a brawl that sours efforts to modernize the North American Free Trade Agreement, […] Read more

Livestock, Markets, Reuters

U.S. livestock: Short covering lifts CME live cattle

By Theopolis Waters, GFM Network News July 14, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Friday, aided by short covering and futures’ discounts to this week’s better-than-expected cash prices, said traders. CME livestock market funds that follow the Standard + Poor’s Goldman Sachs Commodity Index sold, or “rolled,” August futures and simultaneously bought October on the fifth […] Read more

Finishers, Livestock

Nilsson Bros. to buy back JBS feedlot for $50 million

By Canadian Cattlemen Staff July 14, 2017

Scandal-plagued Brazilian meat packing giant JBS’s plans to sell off non-core assets will see its major cattle feedlot in southern Alberta sold back to its previous owner. JBS USA announced Friday its JBS Food Canada arm has reached a deal to sell Lakeside Feeders, its cattle feedlot and “adjacent farmland” at Brooks, Alta. for $50 […] Read more

Livestock, Markets, Reuters

U.S. livestock: Beef, profit-taking weaken CME live cattle

By Theopolis Waters, GFM Network News July 13, 2017

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts on Thursday eased from Wednesday’s three-cent per pound limit-up settlement, pressured by profit-taking and seasonally struggling wholesale beef values, said traders. They said futures’ discounts to preliminary cash prices limited market losses. CME livestock market funds that track the Standard + Poor’s Goldman Sachs Commodity […] Read more

Beef Cattle, Livestock, Reuters

JBS gets nod from Brazil court to divest assets

By Reuters July 13, 2017

Sao Paulo | Reuters — JBS SA has received permission from a Brazilian appeals court to sell assets as the world’s largest meatpacker copes with fallout from a corruption scandal involving the family that controls it. In a statement on Thursday, JBS said it had learned that Brazil’s Regional Federal Court of the 1st Region […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle limit up on cash prices

By Theopolis Waters, GFM Network News July 12, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Wednesday settled up the three cents per pound daily price limit, driven by fund buying and futures’ discounts to stronger-than-expected cash prices, said traders. Funds that follow the Standard + Poor’s Goldman Sachs Commodity Index at times sold, or “rolled,” August futures and simultaneously […] Read more

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Livestock

NAFTA dispute resolution mechanism critical, Canada says

Klassen: Renewed optimism supports feeder market

U.S. livestock: Lean hogs draw support from cash price discounts

U.S. makes lower trade deficit priority in NAFTA talks

U.S. dairy lobby increases pressure on Canada

U.S. livestock: Short covering lifts CME live cattle

Nilsson Bros. to buy back JBS feedlot for $50 million

U.S. livestock: Beef, profit-taking weaken CME live cattle

JBS gets nod from Brazil court to divest assets

U.S. livestock: CME live cattle limit up on cash prices

Canadian Cattlemen Presents: Depth of Field

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