Reading Time: 3 minutes Alberta cattle producers say they are feeling betrayed by the federal government after Health Canada recently announced a plan to add saturated fat warning labels to ground meat. “Labelling ground beef — an affordable, nutritious and versatile protein, and a staple food for most Canadians — is misleading and does not make sense to us,” Alberta […] Read more
Meat warning label proposal slammed by Alberta beef producers
Ground meat is a nutritious food and saying it is high in saturated fat is misleading and harmful, groups say
U.S. livestock: Hog futures rise to two-month high
CME cattle futures mixed
Chicago | Reuters — CME hog futures rose to their highest in two months on Tuesday as slowdowns on processing lines raised concerns about tightening supplies. Cattle futures were mixed, with feeder cattle contracts firming as falling corn prices improved prospects of cheaper feed and strong profit margins for packers. Live cattle contracts ended slightly […] Read more
Total ban on killing grizzly bears isn’t working, say cattle producers
ABP wants government to issue permits to kill bears that repeatedly kill cattle and damage property
Reading Time: 5 minutes The province’s main cattle group says producers should be able to get a permit to kill grizzly bears that repeatedly kill livestock and damage property. “Alberta Beef Producers has resolved to lobby the government to provide livestock owners and landowners with permits, allowing them to kill a dangerous grizzly without being charged,” said Brad Dubeau, […] Read more
U.S. livestock: CME live cattle up on rising cash prices
Lean hogs up in pre-long weekend trade
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed stronger on Friday on rising cash prices, while lean hog futures hit two-week highs, analysts said. Feeder cattle futures also ended firmer. The markets advanced as U.S. stocks bounced back from a sharp selloff in the prior session. Losses in equities and concerns about […] Read more
U.S. livestock: CME live cattle mixed on uncertain consumer demand
Export strength supports lean hogs
Indianapolis | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Thursday, with nearby contracts firming, while the most-active cattle futures eased pressured by inflationary concerns, though markets remain underpinned by tight cattle supplies across much of the U.S. Plains, analysts said. “The weakness comes from the uncertainty of the economy – how […] Read more
U.S. livestock: CME live cattle climb as cash markets surge
Firm cash prices also supportive in hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures jumped two per cent on Wednesday, lifted by rising prices for market-ready cattle in the cash market, traders said. Cash cattle traded in Nebraska at around $145 per hundredweight, traders said, up $2-$4 from last week and significantly higher than nearby futures prices (all figures […] Read more
Heat, humidity kill at least 2,000 Kansas cattle, state says
Chicago | Reuters — Extreme heat and humidity killed thousands of cattle in Kansas in recent days, the state said, and sizzling temperatures continue to threaten livestock. The deaths add pain to the U.S. cattle industry as producers have reduced herds due to drought and grappled with feed costs that climbed as Russia’s invasion of […] Read more
U.S. livestock: CME live cattle bounce back on bargain buying
July hogs touch six-day high, end lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Tuesday in a rebound from recent losses, brokers said. However, concerns about the risk of beef demand falling due to U.S. inflation continued to hang over the market, analysts said. They warn rising prices may increasingly push consumers to eat cheaper food […] Read more
Klassen: Rains enhance demand for grass cattle
Deferred cattle futures showing strength
Compared to last week, western Canadian yearling markets traded $2-$3 on either side of unchanged; steer calves under 700 lbs. were steady to $2 higher on average; heifer calves were steady to $5 higher. Southern Alberta, along with the western half of Alberta, received 30-40 mm of rain over the week which enhanced demand for […] Read more
U.S. livestock: CME cattle tumble on worries of waning demand
Hogs up off recent lows
Chicago | Reuters — Concerns about red-hot U.S. inflation knocked down Chicago Mercantile Exchange live cattle and feeder cattle futures on Monday, as rising prices threaten beef demand, analysts said. Demand is most at risk for expensive steaks and other pricey cuts as some consumers shift to buying cheaper items, analysts said. U.S. consumer prices […] Read more
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