Metro Ontario says it has achieved its 2022 sourcing commitment to buy three million pounds of beef from Canadian Roundtable for Sustainable Beef (CRSB) Certified farms and ranches by 2026, ahead of schedule.
Metro Ontario expands its beef sustainability sourcing
CRSB Certified Mass Balance mark to be displayed on beef in 131 stores
U.S. livestock: Rallying beef prices push CME live cattle to seven-week high
Wholesale beef prices have jumped this week as retailers and meat processors look ahead to the Memorial Day weekend at the end of the month. The holiday is considered the start of the peak grilling season for products like steaks and hamburgers.
U.S. livestock: Cattle futures firm on strong demand, rising beef prices
Chicago Mercantile Exchange live cattle futures firmed for a second straight day on Wednesday as rising beef prices and strong packer demand ahead of the Memorial Day holiday weekend supported the market, analysts said.
Grain versus grass-fed sparks beef sustainability debate
Panelist says carbon sequestration from pasture should give grass-fed the nod
Reading Time: 3 minutes Glacier FarmMedia – Comparing the climate impact of grass-fed versus grain-fed beef isn’t straightforward, according to panelists at the Guelph Organic Conference. A recent study claimed grain-fed beef has less of a carbon impact, but Ontario farmer Ted Zettel believes that research failed to account for the long-term capacity of pasture-based farming to sequester carbon […] Read more
Unclear when tight US cattle supplies will expand, Tyson CEO says
Tyson Foods cannot predict exactly when U.S. ranchers will start rebuilding the cattle herd in a meaningful way, CEO Donnie King said on Wednesday, as tight supplies squeeze the meatpacker's beef business.
U.S. livestock: Cattle futures shoot higher on rising boxed beef prices
Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on Tuesday as soaring boxed beef prices fueled hopes for increased demand, analysts said.
Klassen: Feeder cattle market takes defensive tone
It’s that time of year when available supplies start to decline. At the same time, demand is limited. Most backgrounding operators have sufficient numbers and demand for grassers is waning. Ontario interest was noted in Manitoba and Eastern Saskatchewan, which appeared to sustain prices near last week’s levels.
U.S. livestock: Live cattle retreat on heavy supplies, weak cash market
Chicago Mercantile Exchange (CME) live cattle futures eased on Monday on ample supplies of market-ready cattle and expectations for flat to lower cash cattle sales this week, traders and analysts said.
U.S. livestock: Live cattle futures turn higher, feeder cattle lower
Chicago Mercantile Exchange (CME) cattle futures were mixed on Friday, with live cattle contracts turning higher and a rally in Chicago corn futures Cv1 pressuring most feeder cattle contracts lower.
Scotland reports case of mad cow disease
The Scottish government on Friday confirmed a case of classical bovine spongiform encephalopathy (BSE), known as mad cow disease, at a farm in the southwest of the country, the first British case of the disease in over two years.