U.S. livestock: Short-covering, cash trade support CME cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Thursday supported by short-covering and expectations of at least steady cash trade, traders said. “The packers have tried to buy cattle on their own terms, but the supplies are so tight,” said Lane Broadbent, analyst at KIS Futures. “It appears they may


A+W — whose Root Bear mascot is shown here in March 2013, opening the chain’s 100th restaurant in Quebec — booked higher same-store sales in 2013, partly crediting its “Better Beef” campaign. (CNW Group/A+W Food Services of Canada Inc. )

A+W ‘pleased with progress’ from no-hormone burger push

The year-end financials for Canada’s second-biggest burger chain find its recasting of its beef as produced with “no added hormones or steroids” has so far been “positively received” by diners. The A+W Revenue Royalties Income Fund and A+W Food Services of Canada announced their fourth-quarter and year-end results Thursday, booking sales of $278.1 million for

U.S. livestock: CME cattle pressured by anticipation of lower cash trade

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended slightly lower on Thursday, pressured by expectations of lower cash trade, and weaker wholesale beef prices, traders said. Beef packers will be reluctant to pay higher prices for cattle in the cash market as wholesale beef prices come off recent highs and their profit








Jim Lintott

Patience pays with grass-finished beef

Retail-level profits for 30-month-old beef more than double that of 18-month-old beef

In the grass-finished beef business, keeping a yearling an extra year is worth the wait. In fact, one could hardly afford to do otherwise, because those extra 12 months can mean the difference between profit and loss, Jim Lintott told a presentation on grass-fed beef production at Ag Days. Lintott, a grass-finisher and marketer from

Klassen: Fed cattle prices continue to support feeder market

Strength in fed cattle prices in Alberta reached up to an astonishing $148.50 per hundredweight (cwt) last week, which spilt over into the feeder complex. Larger volumes of heavier feeder cattle are coming on the market, with backgrounding operations liquidating fall-placed calves, but this did little to stem the upward momentum. Overall, feeder cattle were