(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle sag with cash, beef prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a second straight day on Thursday, pressured by fallen cash and wholesale beef values, said traders. June, which will expire on June 30, closed 0.875 cent/lb. lower at 118.625 cents (all figures US$). Most actively-traded August finished 1.075 cents lower at 114.275 cents. […] Read more



(Dave Bedard photo)

Tim Hortons parent updates antibiotic policy for chicken

The parent company for the Tim Hortons and Burger King chains has tightened up its pledge to curb the use of antibiotics by its chicken suppliers. Restaurant Brands International on Thursday released its first “Sustainability Report,” outlining its work during 2016 in support of “sustainable practices that promote positive change.” Back in late December, Oakville, […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs hit one-year high as pork prices extend gains

Chicago | Reuters — U.S. lean hog futures were mostly higher on Wednesday, with the front-month contract rising to the highest levels in a year on support from rising prices for wholesale pork, traders and analysts said. Chicago Mercantile Exchange July lean hogs notched life-of-contract highs for the third straight session as investors continued to […] Read more



Pairing landscape with food service, or sharing taste-of-place is my focus. – Mathieu Paré, director of the Canadian Beef Centre of Excellence

Beef Centre of Excellence under new management

Mathieu Paré takes over from Marty Carpenter

Mathieu Paré knew he had a big chef hat to fill when he assumed the role of director of the Canadian Beef Centre of Excellence from Marty Carpenter, who officially retired on March 1. Since opening its doors in March 2015, the centre has welcomed people from 168 domestic companies, 116 small- and medium-sized businesses, […] Read more


CBCE technical director Abe Van Melle seeks added profits from carcasses.

Making the most of a beef carcass

Abe Van Melle of the Canadian Beef Centre of Excellence offers up his thoughts on creative butchering

In a recent beef-cutting demonstration, Canadian Beef Centre of Excellence technical director Abe Van Melle gave a first-hand look at the added value to be coaxed from a beef carcass with creative butchering. The 28 per cent of a beef carcass categorized as prime cuts from the middle sells itself, but there are lots of […] Read more

(CMEGroup.com)

CFTC fines cattle futures traders US$5 million

Chicago | Reuters — U.S. futures regulators fined a Memphis trading firm and three associates US$5 million on Wednesday for using a manipulative tactic in CME Group’s cattle futures, a market grappling with extreme volatility. The Commodity Futures Trading Commission said it penalized McVean Trading + Investments $1.5 million and its chairman, Charles Dow McVean, […] Read more