(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rise on cash price outlook

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher Thursday in anticipation of steady or better prices for slaughter-ready or cash cattle this week, traders said. December closed 2.175 cents per pound higher at 169.925 cents, and February at 171.025 cents/lb. up 1.45 cents (all figures US$). Packers may have to compete

"Canada is in a great position compared to the United States when it comes to this outbreak." – Tim Snider

Canadian case of PED virus provided link for researchers

Biosecurity measures are still key, but preventing the contamination of feed 
will help slow the spread of PED

The porcine epidemic diarrhea (PED) virus has hit producers hardest south of the border, but it was the first Canadian case that helped researchers find the source of the disease. Speaking to pork producers in Niverville, Tim Snider of the University of Minnesota said that the emergence of the disease in Canada provided the biggest


(Canada Beef Inc. photo)

U.S. livestock: Beef quotes boost CME live cattle futures

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday following a snapback in wholesale beef prices, traders said. December closed up 0.5 cent per pound at 167.75 cents, and February 1.175 cents higher at 169.575 cents (all figures US$). The morning’s choice wholesale beef price rose $1.70 per hundredweight (cwt)

(National Pork Board (U.S.) photo via ARS/USDA)

U.S. livestock: CME hogs futures end higher with pork prices

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Tuesday in response to the morning’s wholesale pork price bounce, traders said. December and February closed up 0.35 cent per pound at 89.9 cents and 89.45 cents, respectively (all figures US$). Tuesday morning’s wholesale pork price jumped $2.97 per hundredweight (cwt) from Monday


(Scott Bauer photo courtesy ARS/USDA)

U.S. livestock: Weather talk extends CME hog futures advances

Chicago | Reuters — Chicago Mercantile Exchange lean hogs contracts gained for a third straight session, partly on speculation that early wintry weather seeping into the U.S. Midwest could disrupt hog production, traders said. Heavy snowfall tends to snarl transportation of livestock while prolonged periods of extreme cold tend to slow animal weight gains and







US Agriculture Secretary Tom Vilsack

U.S. set to continue COOL fight at WTO

A third ruling backing Canada’s complaint 
will likely be appealed

Despite three straight rejections of its controversial country-of-origin labelling (COOL) program on imported beef and pork by the World Trade Organization, various reports suggest the United States isn’t prepared to concede defeat on the issue. It’s expected to appeal a Compliance Panel ruling that solidly endorsed two earlier WTO panel decisions that COOL violates international