Michael McCain speaking to reporters

McCain CEO says Brandon pork facility needs more hogs, workers

Changes in the temporary foreign worker program will have an impact on Brandon’s hog-processing plant

Manitoba’s hog production is not in line with its production capacity. That was the message brought to the Manitoba Pork Council by Maple Leaf Foods president and CEO Michael McCain last week. Speaking to members of the pork industry at the council’s annual general meeting in Winnipeg, the business leader said now is the time

(Canada Beef Inc. photo)

U.S. livestock: CME live cattle rebound with beef prices

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday, shrugging off Friday’s weakness, helped by short-covering following the turnaround in wholesale beef prices, traders said. Monday morning’s choice wholesale beef price rose $1.70 per hundredweight (cwt) from Friday to $256.34/cwt (all figures US$). Select cuts climbed $1.94, to $245.16, the U.S.












(USDA.gov via Flickr)

U.S. livestock: CME live cattle retreat after USDA report

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Monday, partly in response to Friday’s bearish U.S. Department of Agriculture monthly Cattle on Feed report, traders said. Friday’s report showed a bigger-than-anticipated movement of cattle into feedlots last month compared to a year ago. March’s increased placements of heavier cattle could