(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end mostly firm

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts gained modestly on Monday, supported by short-covering and futures’ discounts to last week’s cash prices, traders said. Investors bought deferred contracts and simultaneously sold June ahead of its expiration on June 30, they said. June closed down 0.275 cent per pound to 152.175 cents,



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Profit-taking undercuts CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures snapped a three-day win streak on Thursday, pressured by profit-taking and a wholesale beef price downturn, traders said. June closed down 0.575 cent per pound, to 155.225 cents, and August 0.6 cent lower at 152.925 cents (all figures US$). Thursday morning’s wholesale choice beef (cutout)



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle spike to five-month high

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures peaked at five-month highs on Wednesday, sparked by short-covering and Tuesday’s steep climb in the wholesale beef (cutout) price, traders said. Profit-taking and Wednesday morning’s modest cutout gains pulled futures from session highs, they said. June closed up 0.725 cent per pound, to 155.8 cents,

(AllflexUSA.com)

Premises ID now online for Sask. livestock producers

Saskatchewan’s premises ID (PID) system for livestock producers has officially gone online, the provincial and federal ag ministries announced Monday. While the province’s livestock commodity groups and provincial ag ministry have so far helped about 1,400 producers register their operations, the new system will allow producers to sign up, log in and make changes to


(Canada Beef Inc. photo)

U.S. livestock: CME live cattle climb as beef prices jump

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, fuelled by short-covering after the sharp rebound in wholesale beef prices, traders said. June closed up 1.6 cents per pound, to 155.075 cents, and August 1.275 cents higher at 152.875 cents (all figures US$). Tuesday morning’s wholesale choice beef price surged




(Canada Beef Inc. photo)

U.S. livestock: CME live cattle slump with beef prices, but off lows

Chicago | Reuters — Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by profit-taking and a wholesale beef price reversal after Thursday’s spike, traders said. Futures remained undervalued based on this week’s cash price expectations, which stirred late-session buying that freed contracts from session lows. June closed down 0.4 cent per pound, to