Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, after dropping sharply the previous session. The December live cattle contract was up by 1.350 cents per pound at 241.175 cents. However, more deferred months were lower. Feeder cattle saw a continuation of Wednesday’s selloff, with the November contract down 2.775 cents at 361.450 […] Read more
U.S. livestock: Cattle futures mixed
New opportunities for Canadian goods in Mexico
Agriculture minister’s trip to Mexico sees promotion of Canadian goods like beef and canola, with potential for more partnerships in the future
Trump quadrupling Argentina beef tariff rate quota to 80,000 tonnes
U.S. President Donald Trump’s administration is quadrupling the tariff rate quota on Argentinian beef to 80,000 tonnes to reduce prices and protect American farmers, a White House official said on Thursday.
U.S. livestock: Cattle futures drop on Trump call for lower prices
Cattle futures on the Chicago Mercantile Exchange dropped sharply on Wednesday, reacting to comments from United States President Donald Trump calling on the cattle sector to lower prices. The December live cattle contract lost 5.600 cents per pound on Wednesday, at 239.825 cents. Feeder cattle were down their daily limit of 9.250 cents per pound […] Read more
Trump urges U.S. cattle ranchers to lower prices as he touts tariffs
U.S. President Donald Trump is calling on cattle ranchers to lower prices
Confusion cleared on Canadian calf import changes
A Canadian Food Inspection Agency (CFIA) announcement on import regulations for feeder calves caused some confusion on the administrative side of Canada’s cattle industry earlier this month
U.S. livestock: Live cattle continue higher
Live cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, seeing a continuation of Monday’s gains as values remain near record highs. The ongoing shutdown of the United States government will likely delay the publication of monthly cattle on feed data scheduled to come out on Friday. However, market expectations are for a […] Read more
CFIA extends CWD control program consultation deadline
Date extended for consultation period of changes to CWD program
Trump plan to import Argentine beef angers U.S. farmers
U.S. farmers criticized President Donald Trump’s suggestion that the country may import more beef from Argentina, after they recently lost out to the South American nation on soybean sales to top buyer China.
Klassen: Feeder market extends rally
Western Canadian yearling prices traded back up to historical highs over the week ended Oct. 18, while calf markets made fresh highs at many locations. Western Canadian yearlings off grass traded $5-$10 higher on average compared to seven days earlier. Steer calves in the weight range of 550-825 pounds traded $8-$12/cwt higher on average while […] Read more
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