Chicago | Reuters — Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by profit-taking and a wholesale beef price reversal after Thursday’s spike, traders said. Futures remained undervalued based on this week’s cash price expectations, which stirred late-session buying that freed contracts from session lows. June closed down 0.4 cent per pound, to […] Read more
U.S. livestock: CME live cattle slump with beef prices, but off lows
U.S. livestock: CME live cattle jump on beef price turnaround
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Thursday on short-covering after wholesale beef values turned higher, traders said. June closed up 0.725 cent per pound, to 153.225 cents, and August 0.825 cent higher at 151.45 cents (all figures US$). Thursday morning’s choice wholesale beef price, cutout, rose $1.23 per hundredweight […] Read more
U.S. livestock: CME live cattle fall as beef demand fades
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday closed lower following sliding wholesale beef prices, traders said. June closed down 0.8 cent per pound to 152.5 cents, and August 1.375 cents lower at 150.625 cents. The choice wholesale beef price, or cutout, on Wednesday fell $2.13 per hundredweight (cwt) from Tuesday […] Read more
New swine health network to track animal diseases
Network relies on vets to paint a picture of swine animal health seen in their practices
Reading Time: 2 minutes The newly created Western Canadian Swine Health Intelligence Network will help keep producers informed about swine disease monitoring and disease knowledge transfer in Alberta, Saskatchewan and Manitoba. “This is a wonderful system. It keeps people informed about what’s going on in the industry. We’re encouraging all vets to participate,” said Dr. Egan Brockhoff, a swine […] Read more
Making a plan helps alleviate the stress of euthanasia
A detailed, written plan and standard operating practices are better for both the animals and staff
Reading Time: 3 minutes No one likes having to euthanize an animal, but it’s easier with a clear plan and proper protocols in place. Part of that is using “end points” as recommended by Canadian Council of Animal Care, said Craig Wilkinson, a professor and director of animal care for the faculty of agriculture, life and environmental sciences at […] Read more
Canada preparing shorter list of tariff targets in COOL fight
Winnipeg | Reuters — Canada is whittling down its list of U.S. products that it may hit with steep tariffs in retaliation against contentious meat-labeling laws, Agriculture Minister Gerry Ritz said on Tuesday. The Canadian government is likely to target beef, pork, California wines, mattresses, cherries and office furniture, possibly along with other goods, from […] Read more
U.S. livestock: CME live cattle close mostly weak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures Tuesday settled mostly weaker on profit-taking and the morning’s soft wholesale beef prices, traders said. The reversal of a trading strategy known as bear spreads implemented on Monday propped up the June contract and further pressured August futures. June closed up 0.15 cent per pound […] Read more
U.S. livestock: CME live cattle rally on discount to cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Monday and erased Friday’s losses, supported by short-covering and futures’ discounts to last week’s cash prices, traders said. June closed 0.825 cent per pound higher at 153.15 cents, and August rose 0.875 cent to 152.15 cents (all figures US$). “They (traders) can’t fight […] Read more
U.S. livestock: Slumping beef prices rattle CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, pulled down by profit-taking in response to the day’s sharp drop in wholesale beef values, traders said. June closed 1.175 cents per pound lower at 152.325 cents, and August fell 1.475 cents, to 151.275 cents. Friday morning’s choice wholesale beef price […] Read more
U.S. livestock: Short-covering pushes CME live cattle, hogs higher
Chicago | Reuters –– Chicago Mercantile Exchange live cattle climbed for a second straight session on Thursday, fuelled by short-covering and positioning on the eve of the last trading day of May, traders said. June closed 1.025 cents per pound higher at 153.5 cents, and August up 1.325 cents to 152.75 cents (all figures US$). […] Read more
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