U.S. livestock: CME live cattle futures drop as beef prices plunge

Hog futures mostly up on speculative buying Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted modest losses on Friday, but were up from session lows, dragged by retreating wholesale beef prices, traders and analysts said. The afternoon’s wholesale choice beef price, or cutout, was $223.49 per hundredweight (cwt), $7.26 lower than on Thursday,



(AllflexUSA.com)

Decision time for cattle tag dealers as CCIA reboots distribution

Your local retailer of CCIA-approved cattle tags has until the end of this week to decide whether to continue selling under a new dealer agreement starting Monday. Previous agreements, under which local veterinary offices and other eligible retailers have sold CCIA (Canadian Cattle Identification Agency) radio-frequency identification (RFID) tags to producers, are terminated effective Feb.

Cattle grazing in a pasture.

It’s not official, but cattle price insurance is here

Ban on announcements during the byelection 
campaign means Manitoba had to keep mum

The cat is out of the bag and halfway to Saskatoon, yet Manitoba remains the only western province not to have announced a livestock price insurance program. Last November, the Manitoba government outlined its intent to establish such a program in the speech from the throne, and since then Manitoba Agriculture, Food and Rural Development


Revised U.S. laws requiring retailers to carry specific country-of-origin labels on muscle cuts go back to a WTO compliance panel next month for review. (Canada Beef Inc. photo)

No changes seen to COOL in new U.S. Farm Bill

Canadian livestock groups’ hopes for change in the U.S. government’s mandatory country-of-origin labelling (COOL) laws on meat now return to the World Trade Organization (WTO), as no such changes have shown up in the U.S. Congress’ proposed new Farm Bill. U.S. Senate and House negotiators on Monday announced a bipartisan deal on a new five-year



Livestock price insurance pilot to cover West

Livestock producers in the four western provinces can expect details in March on a four-year pilot program to insure against unexpected price declines. Speaking Friday at the Canadian Bull Congress at Camrose, Alta., federal Agriculture Minister Gerry Ritz and three of the four provincial governments announced a rollout this spring for a pilot of the Western

Different this time — again

This line in a Reuters story last week certainly put things in focus. “Ukraine is likely to be the world’s second-largest grain exporter in the 2013-14 season with the shipment of more than 30 million tonnes, according to the U.S. Department of Agriculture.” We’d seen the figures before, but considering that Ukraine and its former