Comment: Grading changes still on hold

Comment: Grading changes still on hold

On January 21 the Canadian Food Inspection Agency (CFIA) published its proposed Safe Food for Canadians regulations for public comment. The overall aim is to streamline and tighten up on the regulation of Canada’s food supply. CFIA’s current food safety program is managed under 13 different regulations spread over five pieces of legislation covering nine […] Read more






(Photo courtesy Canada Beef Inc.)

U.S. livestock: Supply growth worries sink CME live cattle

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures slumped on Thursday, with pressure from profit-taking partly fueled by increased supply expectations, traders said. April live cattle closed 1.425 cents/lb. lower at 116.15 cents, and June closed 1.075 cents lower at 106.725 cents (all figures US$). “I’m surprised at the (futures) weakness given bullish […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Funds, beef demand fuel CME live cattle rally

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Tuesday, driven by fund buying and brisk wholesale beef demand, said traders. They said deferred-month contracts’ discounts to this week’s expected cash prices provided additional market support. February live cattle, which expired at noon CT, closed 1.225 cents/lb. higher at 126.6 […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Profit-taking pressures cattle futures, boosts hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly lower on Friday while lean hog futures gained sharply as investors took profits in each livestock contract, traders and analysts said. Cattle fell after Thursday’s nearly four-week high and hogs rebounded from a roughly two-month low. “It’s just an end-of-the-week rally,” Rosenthal Collins […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs extend losses on cash expectations

Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Thursday, extending losses to their third straight session, on pressure from expectations for declines in Midwest cash hog markets, traders and analysts said. Lower wholesale pork prices this week, especially pork belly cuts, also weighed on futures and squeezed packer […] Read more