(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle sag despite fundamentals

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday were weakened by funds that sold, or “rolled,” June positions into back months ahead of similar moves early next week, said traders. Nearby market losses trumped futures’ bullish discount to cash prices, strong wholesale beef values and triple-digit beef packer profits. June […] Read more

(File photo by Dave Bedard)

Pork supply issues hit Maple Leaf’s Q1 ledger

Reuters — Meat packer Maple Leaf Foods posted a smaller-than-expected quarterly profit as lower prices and a temporary interruption in supplies hurt sales of its pork products, sending its shares to their lowest in nearly two years. The company, one of Canada’s biggest pork processors, said that processed fresh pork sales were affected by a […] Read more





(Photo courtesy Canada Beef Inc.)

U.S. livestock: Supply growth worries extend CME live cattle losses

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished lower for a second consecutive day on Tuesday amid concerns about increased supplies ahead, said traders. “Everybody keeps talking about this wall of cattle coming. But, feedyards moved a lot of cattle ahead of schedule to avoid lower prices later, which may ultimately create a […] Read more

(Photo courtesy Canada Beef Inc.)

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

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed lower on Monday, pressured by profit-taking after three consecutive days of market advances, said traders. Worries about burdensome supplies in the coming weeks further weighed on live cattle futures, they said. “We’ve got a lot of cattle coming, but the market seems to be absorbing […] Read more


(Photo courtesy WCVM)

Vet college’s full accreditation survives funding cut

The looming exit of one of its major funding partners notwithstanding, the University of Saskatchewan’s Western College of Veterinary Medicine (WCVM) has earned full accreditation through 2024. The American Veterinary Medical Association’s (AVMA) Council on Education, the accrediting body for veterinary colleges in North America, recently confirmed Saskatoon-based WCVM’s status as “Accredited (w/minor deficiency).” “Minor […] Read more