(Photo courtesy Canada Beef Inc.)

U.S. livestock: Short-covering pares early CME live cattle losses

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday after short-covering trumped follow-through selling that initially pressed futures to a 15-month low, traders said. Spot-October closed up 0.875 cent/lb. at 141.475 cents, and December was 0.8 cent higher at 143.175 cents (all figures US$). October was further supported by fewer cattle

U.S. livestock: Drops in cash, beef prices topple CME live cattle futures

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures at one point on Friday matched their 15-month low, responding to slumping prices for wholesale beef and market-ready, or cash, cattle, traders said. Spot-October closed down 2.350 cents per lb to 140.600 cents, and December was 2.325 cents lower at 142.375 cents. This week, cash cattle in


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle fade with cash price hopes

Chicago | Reuters — Chicago Mercantile Exchange live cattle posted modest losses on Thursday in anticipation of possibly lower prices for market-ready, or cash, cattle on Friday, traders said. Spot-October closed down 0.025 cent/lb. to 142.95 cents, and December 0.375 cent lower at 144.7 (all figures US$). Cash bids in Nebraska surfaced at $139-$140/cwt against

“We see the public as somewhat more sympathetic towards the industry now, I’m not saying they’re 100 per cent supportive, they still have questions, they still have concerns, but it’s definitely better now than it was.” – Andrew Dickson

Public more receptive to barn expansion

The Manitoba Pork Council is looking for ways to engage younger audiences

A new survey on public attitudes towards pork production has found Manitobans still have concerns about construction of new hog barns — but public opinion is going in a positive direction. “We see the public as somewhat more sympathetic towards the industry now, I’m not saying they’re 100 per cent supportive, they still have questions,


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Profit-taking trims CME live cattle gains

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed lower on Wednesday, after profit-taking and cash price uncertainty turned back initial advances, traders said. Spot-October closed 0.5 cent/lb. lower at 142.975 cents, and December dropped 0.7 cent to 145.075 (all figures US$). Packers have not bid for market-ready (cash) cattle priced at $146/cwt in



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle limit up on short-covering

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby trading months settled up their three-cent-per-pound daily price limit on Tuesday, partly fuelled by short-covering and futures’ discounts to last week’s cash prices, traders said. October and December live cattle ended at 143.475 and 145.775 cents, respectively (all figures US$). CME’s live cattle trading limit

(CMEGroup.com)

U.S. livestock: CME live cattle, hogs retreat before holiday

Chicago | Reuters — Chicago Mercantile Exchange live cattle slumped on Friday before the Labour Day holiday, due to lower prices for market-ready (cash) cattle, traders said. CME live cattle were further weakened by Wall Street’s tumble on uncertainty whether the Federal Reserve will raise rates by mid-September. October live cattle ended down 1.125 cents/lb.


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rise, but off session highs

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished moderately higher on Thursday, at first lifted by short-covering and technical buying that later gave way to initial lower cash prices, traders said. October ended up 0.375 cent/lb. at 141.6 cents, and December 0.55 cent higher at 143.875 cents. Earlier on Thursday, a small number

young piglet on hay at pig farm

Pork producers fear increased disease risk from PEDv

U.S. truck washes are known to harbour a deadly pig virus

A decision by the Canadian Food Inspection Agency to end measures intended to keep the porcine epidemic diarrhea virus, or PEDv, out of Manitoba, has producers worried. As of October 1, trucks returning to Canada after dropping swine off in the U.S. will be required to be disinfected and cleaned at American facilities before entering Canada.