(Dave Bedard photo)

U.S. bill to repeal COOL advances

Washington | Reuters — U.S. legislation to repeal country-of-origin meat labelling (COOL) laws, which the World Trade Organization found discriminate against Mexico and Canada, passed a congressional committee on Wednesday and moved one step closer to becoming law. The House of Representatives’ agriculture committee approved the bill on a vote of 38-6, clearing the way

(CMEGroup.com)

U.S. livestock: CME live cattle end pit trade lower, rise after-hours

Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange finished lower during the regular session on Wednesday, pressured by cash cattle prices that were initially weak, traders said. But contracts turned higher in after-hours (electronic) trading as cash prices improved, they said. Pit-traded June live cattle closed 0.625 cent per pound lower



(Canada Beef Inc. photo)

U.S. livestock: CME live cattle rally as beef prices set new high

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures offset recent losses and finished higher on Tuesday, driven by short-covering following the day’s choice wholesale beef price surge to an all-time high, traders said. June closed up 0.4 cent per pound to 151.975 cents, and August was 0.575 cent higher at 150.6 cents (all


farm family

Diversifying the small family farm

The best way to avoid pitfalls in new markets — seek the advice 
of successful sector counterparts

Direct marketing grass-fed beef was how Colleen Biggs turned adverse beef market trends into an opportunity for her family’s ranch in east-central Alberta. “When times got really tough for us, we were doing the low-input swath grazing, bale grazing, everything we could to make ends meet on the ranch but when the market crash happened

(Photo courtesy Canada Beef Inc.)

Manitoba raises caps on cattle loan guarantee plan

Cattle producers and livestock associations in Manitoba will now be able to get provincial guarantees on larger loans to invest in feeder and breeder cattle. The province on Wednesday announced increased borrowing limits under its Manitoba Livestock Associations Loan Guarantee (MLALG), a program meant to allow producer members of livestock associations to get more favourable



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle, hogs stumble on supply, demand woes

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower Monday on concern that supplies might outstrip demand ahead of the U.S. Memorial Day holiday-shortened work week, traders said. Packers bought fewer cattle last week which may have compounded the seasonal supply increase, they said. Cattle numbers are sufficient as grocers and restaurants