(Canada Beef Inc. photo)

U.S. livestock: CME live cattle jump on beef price bounce

Chicago | Reuters –– Chicago Mercantile Exchange live cattle gained Wednesday on short-covering following a snapback in wholesale beef values, traders said. June closed up 0.5 cent per pound to 151.975 cents, and August one cent higher at 150.65 cents (all figures US$). Wednesday morning’s choice wholesale beef price climbed $1.73 per hundredweight (cwt) from

(CMEGroup.com)

U.S. livestock: CME live cattle, hogs end higher after volatile session

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled higher on Tuesday after a choppy day, partly supported by rising wholesale beef values, traders said. Tuesday morning’s choice wholesale beef price climbed $1.28 per hundredweight (cwt) from Monday to $260.85/cwt (all figures US$). Select cuts gained 20 cents to $248.30, the U.S. Department



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle gain fades as funds roll positions

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, paring early advances, after funds sold or rolled their June positions and bought deferred months, traders said. Funds trading in CME’s live cattle and hog markets shifted June long positions further back in a procedure known as the “roll” by followers


Heinz Reimer

Manitoba Beef Producers offering six bursaries in 2015

Students have until June 5 to submit 
an application

Manitoba Beef Producers (MBP) is offering six $500 bursaries to deserving Manitoba students in 2015. MBP awarded four $500 bursaries in 2014. The bursaries are available to MBP members or their children who are attending a university, college or other post-secondary institution. Students pursuing trades training are also eligible. Preference will be given to students