(Photo courtesy Canada Beef Inc.)

Business risk management program reforms in development

Changes expected to be announced in July

Recommendations are now being crafted for Agriculture Minister Marie-Claude Bibeau on how to improve business risk management (BRM) programs for farmers in Canada. It’s expected changes to BRM programs will be announced in July when Bibeau and her provincial counterparts meet in Guelph. The recommendations are coming after a study by MPs on the Commons […] Read more






CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle set contract lows

Fears persist that coronavirus will hurt beef demand

Chicago | Reuters — U.S. cattle futures sank to contract lows on Friday, extending a decline fueled by fears that the global coronavirus outbreak will slow economic growth and reduce demand for beef. Losses in the market have accelerated as the virus has spread, with the most-active April live cattle futures contract down 17 per […] Read more



CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle, hogs rise with equities

Livestock futures await export sales data

Chicago | Reuters — U.S. livestock futures strengthened on Wednesday as gains in financial markets helped fuel a recovery from contract lows reached last week in the live cattle market. Live cattle futures have been looking to equity markets for direction as uncertainty about the impact of the coronavirus epidemic has fueled swings in stock […] Read more

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle ease with equities

Chicago lean hogs rise

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened with equities on Tuesday, while hog futures advanced. Moves in the cattle market have nearly mirrored those in equities since last week, traders said, with the global spread of the new coronavirus fueling sharp moves. All three major U.S. stock market indexes dropped more […] Read more


CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle rise in recovery from contract lows

Hogs close mixed as China uncertainty looms

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday recovered from contract lows reached last week as concerns temporarily eased about the economic impact from the global coronavirus outbreak. Equity markets also rose on speculation that central banks will cut interest rates to soften the economic blow of the epidemic. “The market […] Read more

CME April 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle dive as coronavirus slams global markets

Technical buying limits hogs' losses

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended a steep sell-off on Friday on growing worries that the spread of coronavirus would dent global economic growth and could tip the world economy into recession. Global stocks and oil prices fell sharply as traders fretted over the economic toll of the virus that […] Read more