(Photo courtesy Canada Beef Inc.)

U.S. livestock: Bargain buying rallies CME live cattle, hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday posted their biggest daily gain in a month, fueled by short-covering and bargain buying after recent market losses, traders said. October live cattle ended 2.4 cents/lb. higher at 102.425 cents, and December up 2.275 cents at 104.2 cents (all figures US$). Investors may […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle losses deepen on supply woes, weak beef prices

Chicago | Reuters — U.S. live cattle futures declined more than two per cent on Tuesday, nearing their lowest levels in six years on pressure from big supplies of cattle and beef and lower wholesale meat prices, traders said. Cattle broke below the psychological threshold of 100 cents/lb. for the first time since November 2010 […] Read more

cattle herd and horse rider

Beef industry appears to be stalled

Charlie Gracey's take on cattle markets and the cow-calf industry

There are few surprises and some disappointments at the end of Q2. Total slaughter cattle numbers are up 5.1 per cent and tonnage is up approximately nine per cent over the same period in 2015. The larger increase in tonnage is due entirely to increased carcass weights. Further, the increase in the percentage of AAA […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market softens

Hope deferred makes the heart sick, goes the old proverb, and there is no greater example than in the cattle complex. Placid feedlot operators watched in dismay as fed cattle sold in the range of $133-$135 this past week, down approximately $6 from week-ago levels and $10 below breakeven pen closeout values. The stomach-churning fed […] Read more


(JBSS.infoinvest.com.br)

JBS CEO ordered to step aside in Brazil pension fund probe

Brasilia | Reuters — Brazilian police launched an investigation of fraud at state-run companies’ pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the CEO of the world’s biggest beef exporter. Police carried out five arrests, more than two dozen interrogations and over 100 search […] Read more



Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013.

Some thoughts on China’s beef business

Nutrition with John McKinnon, beef cattle nutritionist

Recently I had the opportunity to visit China and spend some time with beef and dairy producers in this vast and truly interesting country. As this article goes to press in midsummer, I thought it would be interesting to provide you with a few insights into beef production in this part of the world. This […] Read more

Austria’s Parliament Building, in Vienna. (CIA.gov)

Austria drops talk of ‘conflict’ over EU-Canada trade deal

Vienna | Reuters — Austria toned down its opposition to a free trade deal between the European Union and Canada on Friday, two days after social democrat Chancellor Christian Kern had vowed to start a “conflict” over the agreement. While the so-called CETA accord is all but sealed, the Austrian leader’s opposition reflects concerns widely […] Read more