(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle stretch rally into fourth straight day

Chicago | Reuters –– Chicago Mercantile Exchange live cattle barely eked out a four-day win streak after Tuesday’s choppy session, underpinned by anticipation of the same or better cash prices than a week ago, traders said. Spot-August futures closed 0.225 cent/lb. higher at 148.225 cents, and October up 0.1 cent at 148.2 cents (all figures

Klassen: Feeder cattle prices stabilize

Klassen: Feeder cattle prices stabilize

Western Canadian feeder cattle prices found some footing this past week trading at similar levels to seven days earlier.  Auction market volumes consisted of stragglers and late bloomers with minimal numbers on offer; buyers on hand continue to promote the scarcity principle which caused the market to stabilize. Feedlots operators were quite aggressive on 800


U.S. livestock: Burdensome supply worries drag down CME hog futures

Chicago/Reuters – Chicago Mercantile Exchange lean hogs closed lower on Friday as hefty supplies continued to pressure cash and wholesale pork values, traders and analysts said. August ended down 1.175 cents per lb at 78.500 cents, and October 1.975 cents lower at 63.725 cents. Market-ready, or cash, hogs in the western Midwest sold at $73.63 per

U.S. livestock: CME live cattle futures finish mostly weak; hogs lower

Chicago/Reuters – Most Chicago Mercantile Exchange live cattle contracts ended weak on Thursday, after investors sold deferred months and bought August led by near-term bullish fundamentals, traders said. August closed up 0.300 cent per lb at 145.225 cents, October down 0.025 cent at 146.450 cents and December 0.150 cent lower at 148.125 cents. Market-ready, or



Abe Van Melle, technical manager of the Beef Centre of Excellence, is working on adding value to Canadian beef by exploring underutilized cuts. Here he’s working with rope meat, also known as hanging tender, which traditionally is ground into hamburger, but can be made into a roast or steaks.

VIDEO: Canada’s Beef Centre of Excellence building demand through emotional connections

The goal is building brand loyalty by demonstrating Canadian beef is best in class

account_id=”2206156280001″ player_id=”ryGLIkmv”] Rob Meijer[/caption] “We need to change the paradigm to put (beef) producers and consumers in a space where they can talk and tell stories, because without that relationship, without the integrity, you cannot create trust, you cannot… earn what we call brand loyalty,” Meijer tells reporters visiting the centre June 10. The facility


U.S. livestock: Beef price turnaround rallies CME live cattle futures

U.S. livestock: Beef price turnaround rallies CME live cattle futures

Feeder cattle futures close sharply higher, strong lean hog futures settlement

Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts finished in positive territory on Tuesday for the first time in five sessions, fuelled by active short-covering following the recent wholesale beef price rise, traders and analysts said. August closed 2.025 cents per lb higher at 145.050 cents, and October 2.825 cents at 146.800 cents. The morning’s

Photo: Thinkstock

U.S. livestock: CME live cattle finish flat-lower after choppy session

Chicago/Reuters – Chicago Mercantile Exchange live cattle contracts settled flat to moderately lower following an up-and-down day on Monday, after traders sold deferred contracts and bought August because of its discount to last week’s cash prices, traders and analysts said. Short-covering and the morning’s wholesale beef price uptick at times helped underpin the nearby trading