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Pigs

(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle rebound on cash, beef prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rallied from Monday’s losses, ignited by short-covering as investors digested initial cash prices and firmer wholesale beef values, said traders. Technical buying contributed to market advances along with unwinding of Monday’s short live cattle futures long hog spreads, they said. December live cattle […] Read more
Catedral Metropolitana de la Asuncion de Maria, Mexico City. (CIA.gov)
Livestock, Reuters

Canada, Mexico to rebuff U.S. over NAFTA goals

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Mexico City | Reuters — Canada and Mexico will rebuff the United States over its demand for tougher NAFTA automotive content rules, top officials said on Monday as negotiations to renew the treaty bogged down with only a few months to go. U.S. President Donald Trump is threatening to quit NAFTA, which has reshaped the […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Weather

U.S. livestock: Fund selloff sinks CME live cattle to 4-month low

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell to their lowest level in four months on Monday, hit by fund selling and Friday’s bearish U.S. government cattle report, traders said. Last Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report showed ranchers in October placed the highest number of cattle in feed lots […] Read more
File photo
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S livestock: CME live cattle futures ease before USDA report

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished the week with losses as investors tweaked positions ahead of the U.S. Department of Agriculture monthly Cattle-On-Feed report at 2 p.m. CST (2000 GMT), said traders. Analysts, on average, expect the report to show 7.7 percent more cattle were placed into U.S. feedlots last […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
General, Markets

Trade talks a dicey situation, Coyne says

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Winnipeg | CNS Canada — With Canada in the midst of negotiations for two different trade agreements, the North American Free Trade Agreement and Trans-Pacific Partnership, trade concerns are getting muddled, according to Andrew Coyne. “We need to be conscious of diversifying our trade interests beyond just North America. It would be extremely foolish that […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle slip on softer cash, beef prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday reversed some of Wednesday’s gains, led by weaker cash and wholesale beef values, traders said. Some market participants tweaked positions before Friday’s U.S. Department of Agriculture (USDA) monthly Cattle on Feed report. “We saw a small rally yesterday, and a steady opening today, […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

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

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday settled higher after short-covering helped recoup some of the market’s recent cash price related losses, traders said. A few investors adjusted positions before the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday. December live cattle finished 0.7 cent/lb. higher at […] Read more

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