(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end higher, but off session tops

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Wednesday reversed some of Tuesday’s heavy losses, helped by short-covering and bargain hunting, traders said. April live cattle ended 1.4 cents/lb. higher at 132.075 cents, and June closed 1.1 cents higher at 121.85 (all figures US$). Futures’ price discount to early-week prices for market-ready,

Suspected cattle-attacking gator killed in Florida

Orlando | Reuters –– A 780-lb. “monster” alligator slain in a Florida hunt and hauled out of the water with a farm tractor falls short of the state record for length, a wildlife official said on Wednesday. “A big alligator nonetheless, but they are not going to have an official measurement because it’s not going









(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs finish higher

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a second straight day on Tuesday in a quiet session, with help from short-covering and technical buying, traders said. April closed up 0.325 cent/lb., to 70.25 cents (all figures US$). May ended 0.575 cent higher at 78.85 cents and June finished up 0.475



(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle trade lower

The “one-week wonder” from seven to 10 days ago appears to have evaporated; a softer sentiment blanketed Western Canada this week, with feeder markets dropping $4 to $6 on average. A significant slide in live cattle futures, along with softer cash prices, caused feedlots to move into a risk-averse mentality. Heavier replacements took the brunt