George Matheson

Manitoba Pork Council veteran takes over as chair

Issues of trade, capacity and welfare will continue 
to be dealt with under new MPC chairperson

After more than a decade, there is a new face at the helm of the Manitoba Pork Council. George Matheson was chosen as the council’s new chairperson by the organization’s board of directors following its annual general meeting in Winnipeg last week. “We have a great group this year, with three new members… and that’s

(USDA.gov via Flickr)

U.S. livestock: CME live cattle climb ahead of USDA report

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted significant gains Friday on fund buying and positioning before the U.S. Department of Agriculture (USDA) monthly Cattle-on-Feed report at 2 p.m. CT, traders said. Analysts expect Friday’s report to show fewer cattle entered feedyards last month than a year ago. April ended 1.875 cents


pigs in a barn

New hog barns for Manitoba?

The rules haven’t changed but…

After years of being locked in a standoff, producers and the Manitoba government are inching closer to consensus on how to go about renewing the province’s aging pig production capacity. Producers attending the Manitoba Pork Council annual meeting last week were told a “special pilot protocol” would result in the resumption of new barn construction

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle limit up on improved fundamentals

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed up the three-cent-per-pound price limit Thursday, on higher wholesale beef values and better-than-expected subsequent cash prices, traders said. April and June ended at 159.3 cents and 149.025 cents per pound (all figures US$). CME’s live cattle trading limit will be expanded to 4.5 cents



(CMEGroup.com)

U.S. livestock: CME live cattle, hogs rally on short covering

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished higher on Tuesday, supported by short-covering in the wake of recent market losses, traders said. CME live cattle discounts to last week’s prices for market-ready (cash) cattle provided more support, they said. April closed 0.95 cent per pound higher at 156.3 cents, and June ended


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle tumble again as funds sell off

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted steep losses for a second straight session on Monday, partly due to fund liquidation after contracts fell through key technical support levels, traders said. April closed 2.45 cents per pound lower at 155.35 cents (all figures US$). It dropped below the 100-day and 40-day

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle plunge limit down as cash prices fall

Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell by the three-cent-per-pound price limit Friday on profit-taking and lower cash prices, traders said. April and June closed at 157.8 cents and 149 cents, respectively (all figures US$). CME’s live cattle trading limit will be expanded to 4.5 cents on Monday following futures’ limit-down settlement