(CMEGroup.com)

U.S. livestock: CME live cattle, hogs close weak before Memorial Day

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed moderately lower Friday on profit-taking and in response to the U.S. Department of Agriculture’s monthly Cattle on Feed report earlier in the day, traders said. The number of cattle put into U.S. feedlots in April unexpectedly slowed compared with the same month last year. “It’s



(Dave Bedard photo)

U.S. bill to repeal COOL advances

Washington | Reuters — U.S. legislation to repeal country-of-origin meat labelling (COOL) laws, which the World Trade Organization found discriminate against Mexico and Canada, passed a congressional committee on Wednesday and moved one step closer to becoming law. The House of Representatives’ agriculture committee approved the bill on a vote of 38-6, clearing the way


(CMEGroup.com)

U.S. livestock: CME live cattle end pit trade lower, rise after-hours

Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange finished lower during the regular session on Wednesday, pressured by cash cattle prices that were initially weak, traders said. But contracts turned higher in after-hours (electronic) trading as cash prices improved, they said. Pit-traded June live cattle closed 0.625 cent per pound lower

two hogs

Changes to satisfy hog enrichment don’t have to be expensive

Hog producers are looking at ways of meeting new animal care requirements as they come into effect

As Manitoba hog producers begin implementing the new code of practice, it’s clear that sow barn conversions are top of mind. “We’ve had a lot of questions looking for clarity about the group housing; there are different requirements,” noted Yolande Seddon, a researcher at the Prairie Swine Centre in Saskatchewan. As of last year, the


(Canada Beef Inc. photo)

U.S. livestock: CME live cattle rally as beef prices set new high

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures offset recent losses and finished higher on Tuesday, driven by short-covering following the day’s choice wholesale beef price surge to an all-time high, traders said. June closed up 0.4 cent per pound to 151.975 cents, and August was 0.575 cent higher at 150.6 cents (all

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle, hogs stumble on supply, demand woes

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower Monday on concern that supplies might outstrip demand ahead of the U.S. Memorial Day holiday-shortened work week, traders said. Packers bought fewer cattle last week which may have compounded the seasonal supply increase, they said. Cattle numbers are sufficient as grocers and restaurants



(CMEGroup.com)

U.S. livestock: Profit-taking stalls CME live cattle uptrend

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended their three-day rally Friday on profit-taking and the downturn in wholesale beef prices after Thursday’s spike to a record high, traders and analysts said. June and August closed 1.275 cents per pound lower at 152.525 cents and 150.8 cents, respectively (all figures US$). Friday