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Beef cattle

(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME feeder cattle future tumble three-cent limit

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Chicago | Reuters — Thinly traded Chicago Mercantile Exchange feeder cattle futures closed down their three cents per pound maximum daily price limit Thursday on sell stops and deferred-month live cattle market selling, traders said. The day’s corn price gains hastened CME feeder cattle losses. Traders cited the exchange’s slipping feeder cattle index, which reflected
(CMEGroup.com)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Live cattle, hogs end mixed after volatile session

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mixed after choppy action on Wednesday as investors searched for clear fundamental direction, traders said. December live cattle closed up 0.075 cent per pound at 162.475 cents, and February was down 0.2 cent, to 162.85 cents (all figures US$). Prices for market-ready (cash) cattle
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle break losing streak

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday on short-covering, ending five straight losing sessions, led by bearish fundamentals, traders said. December live cattle closed 0.95 cent per pound higher at 162.4 cents, and February was at 163.05 cents, up 1.175 cents (all figures US$). Investors who had recently
(CMEGroup.com)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle see biggest one-day percentage loss in three months

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell almost two per cent on Monday, their biggest daily percentage loss since early October, partly pressured by bearish fundamentals, traders said. Sell stops and active fund selling accelerated losses that dropped December and February by their maximum three cents per pound daily price limit,
Equipment such as this offal blow tank at Quebec’s Levinoff-Colbex plant was sold to buyers onsite and online on Dec. 2. (BidSpotter.com)
Beef cattle, Dairy cattle, Livestock, Markets

Shuttered Que. beef plant’s equipment sold

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The chance of a rescue for Quebec’s Levinoff-Colbex cull cow packing plant has passed, now that the facility’s equipment has been sold off piecemeal at auction. Provincial investment financing agency Investissement Quebec and other creditors still own the Colbex building and land at St-Cyrille-de-Wendover, in the Centre-du-Quebec region. But the plant’s receivers sold its equipment to a consortium of
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle hit seven-week low in bearish fundamentals

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday sank to their lowest point since mid-October after the steep drop in cash and wholesale beef prices, traders said. December ended down two cents per pound at 164.45 cents, and February 2.1 cents lower at 164.875 cents (all figures US$). This week, market-ready
(CMEGroup.com)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle finish lower after wild ride

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended moderately lower on Thursday after a choppy session in which anticipation of lower cash prices overtook sporadic short-covering, traders said. December closed 0.4 cent per pound lower at 166.45 cents, and February down 0.15 cents at 166.975 cents. Packers curtailed production to stabilize their
(Photo courtesy Canada Beef Inc.)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Soft cash price outlook sinks CME live cattle

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures sagged Wednesday in anticipation of weaker prices for slaughter-ready (cash) cattle, traders said. Futures’ losses, sunken margins and packers struggling to sell significant amounts of beef to retailers are bearish cash price indicators. Additionally, cash prices tend to slump seasonally in late November, but snap
cattle in a pasture
Beef cattle, Livestock

Beef 911: Cattlemen can ensure biosecurity on the ranch

Maintaining a few simple precautions can minimize the risk of disease outbreaks

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Biosecurity refers to protecting the health of our livestock by preventing disease transmission. The extreme happened many years ago now regarding the spread of foot-and-mouth through Britain. A more likely example would be the spread of scours from farm to farm or from pen to pen within the farm itself. This article will try and
(Dave Bedard photo)
Beef cattle, Livestock

Cargill recalling beef sold at Walmarts in Canada

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Reuters — Cargill, Canada’s biggest beef processor, is recalling ground beef sold by Wal-Mart Stores that may be contaminated with E. coli, the Canadian Food Inspection Agency (CFIA) said Tuesday. The agency said there have not been any reported illnesses associated with Cargill Meat Solutions’ “Your Fresh Market” brand beef, sold at Walmart in Alberta,

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