Cattle in a pasture

Canada to be site of McDonald’s sustainable beef pilot

McDonald’s is working with CCA on ambitious project to make Canada the 
first country to supply it with sustainable beef

McDonald’s has chosen Canada over Australia and Europe for a pilot project in its ambitious quest to serve only “sustainable beef” in its massive global restaurant empire. The exact terms of the pilot — or even a definition of sustainable — have yet to be finalized, but the fast-food giant has the backing of the

U.S. livestock: CME live cattle futures climb as funds buy

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday, with support from fund buying after contracts broke through moving-average resistance levels, traders said. Short covering contributed to CME live cattle advances, they said. Futures drew more support from their discounts to this week’s prices for market-ready or cash cattle. Cash cattle



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Fund buying drives CME feeder cattle to record high

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle Wednesday hit a record high on fund buying after contracts broke through technical resistance levels, traders said. “(The) technical aspect of the feeder cattle market looks fine,” said Citigroup futures specialist Sterling Smith. Fundamentally, young calves for feeding will be in demand given generally weak corn








(PorkBeInspired.com)

U.S. livestock: CME hog futures slump with cash prices, pork demand

Chicago | Reuters –– Chicago Mercantile Exchange hogs closed lower on Thursday, pressured by weaker prices for market-ready or cash hogs pegged to plant closures during the U.S. Memorial Day holiday, trader said. They also cited the relapse in wholesale pork prices. Grocers bought all the product they need to accommodate grilling demand over the

U.S. livestock: Fund buying rallies CME hog futures

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed higher on Wednesday, supported by short-covering and fund buying, traders said. Speculation about tight supplies ahead pegged to the porcine epidemic diarrhea virus (PEDv) provided further support to futures that ignored Wednesday’s drop in market-ready hog and wholesale pork prices. The morning’s average hog price