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Livestock, Markets, Reuters

Russia not planning expanded ban on Western foods

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Moscow | Reuters — Russia does not plan to expand the list of banned Western food products, Agriculture Minister Alexander Tkachev told reporters. Earlier on Friday, Russian Prime Minister Dmitry Medvedev ordered his ministers to draft proposals to extend Moscow’s food import ban until the end of 2017. The Agriculture Ministry has already started preparing […] Read more
Livestock, Reuters

U.S. sees first case of bacteria resistant to last-resort antibiotic

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Reuters — U.S. health officials on Thursday reported the first case in the country of a patient with an infection resistant to a last-resort antibiotic, and expressed grave concern that the superbug could pose serious danger for routine infections if it spreads. “We risk being in a post-antibiotic world,” said Thomas Frieden, director of the […] Read more
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Beef Cattle, News Roundup

Assessing the first quarter – cattle inventories disappointing

News Roundup from the May 2016 issue of Canadian Cattlemen

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At the end of the first quarter the domestic steer slaughter was down 2.3 per cent while the domestic heifer slaughter was down 9.1 per cent. That doesn’t tell us much until we factor in live slaughter steer and heifer exports. The sex of fed cattle slaughter exports is not known until closer to year-end, […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Weak cash outlook limits live cattle advances

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday, helped by short-covering and bargain hunting after recent market losses, traders said. But expectations of softer market-ready, or cash, cattle prices by Friday, and subsequent increased supplies, tempered market advances, traders said. “Futures is an anticipatory market. It is already anticipating cash […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cash price outlook extends CME live cattle losses

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped for a second straight session on Tuesday, pressured by follow-through selling and potentially softer cash prices later this week, traders said. June live cattle closed down 0.15 cent/lb. at 118 cents, and August ended 1.275 cents lower at 113.175 cents (all figures US$). Futures […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Improving margins support feeder market

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Average western Canadian feeder cattle prices were $3-$5 above week-ago levels, with top-quality larger groups trading as much as $8-$10 higher. While current pen closeouts remain underwater, the deferred positions are somewhat brighter, which has rejuvenated buying enthusiasm. Most risk management strategies rely on cattle feeders staying in the game all year. There appears to […] Read more

Canadian Cattlemen Presents: Depth of Field

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