(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle gain on cash price discount

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained modestly on Friday, but eased from session highs, helped by their discounts to this week’s cash prices that fell shy of expectations, traders said. August ended 0.425 cent/lb. higher at 112.225 cents, and October finished up 0.1 cent, to 112.325 cents (all figures US$). […] Read more

(Dave Bedard photo)

Cargill to sell two Texas feedlots

Reuters — Cargill, a top U.S. meat processor, said Friday it will sell two Texas beef cattle feedlots to Amarillo-based Friona Industries pending final agreements and regulatory reviews. Under the deal, Friona will acquire Cargill’s cattle feedlots at Bovina and Dalhart, Texas. Cargill said in a statement it will retain ownership of its cattle feedyards […] Read more


What to do about wacky cattle markets?

What to do about wacky cattle markets?

Prime Cuts with Steve Kay, from the June 2016 issue of Canadian Cattlemen

Markets crave stability and predictability. But the opposite occurred during 2015 in the U.S. cattle markets. In fact, last September’s shocking collapse in live cattle cash and futures prices (which I outlined in my October 26, 2015 column) capped a year when the futures’ volatility and irrationality caused huge financial damage to producers and packers. […] Read more



A view from the steps of Memorial Hall in Taiwan’s capital, Taipei. (CIA.gov)

Taiwan again accepting Canadian UTM beef

One of the top international importers of Canadian beef is back in the market after closing its ports to the product last year. Agriculture Minister Lawrence MacAulay and Trade Minister Chrystia Freeland on Friday announced Taiwan will again accept beef from Canadian cattle under 30 months of age (UTMs), effective immediately. Taiwan had pulled the […] Read more




(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Supply worries sink lean hogs to one-month low

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday slid to a one-month low, pressured by concerns over possibly more supplies ahead, traders said. July ended down 0.475 cent/lb. to 81.575 cents (all figures US$). Most actively traded August finished 2.625 cents lower at 80.625 cents. The government’s quarterly hog report in late […] Read more



cattle on pasture

Be a soil farmer

When I first started farming, I bought some cows. I was a cattle farmer. I eventually figured out that if I could take good care of the grass, it would take care of the cattle. When I determined the cattle were simply a tool to manage the grass, I became a grass farmer. A few […] Read more