(Photo courtesy Canada Beef Inc.)

U.S. livestock: End-of-month positioning pressures CME live cattle

Chicago / Reuters – Last Friday’s selling of Chicago Mercantile Exchange live cattle contracts carried over into Monday, led by sell-stops and position squaring on the last trading session of the month, traders and analysts said. Some investors sold August futures and simultaneously bought deferred contracts while cautiously awaiting this week’s cash prices. August ended […] Read more

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U.S. livestock: Live cattle futures sag on cash prices, Japan news

Chicago / Reuters – Chicago Mercantile Exchange live cattle settled lower on Friday, weighed by weaker cash prices and word that Japan plans to hike tariffs on U.S. frozen beef, said traders. Japan will raise tariffs from August on imports of frozen beef from the United States to protect domestic producers, Japan’s Ministry of Finance […] Read more


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U.S. livestock: Bargain buying strengthens live cattle futures

Chicago / Reuters – Chicago Mercantile Exchange live cattle closed steady to higher on Thursday, with support from bargain buying and futures’ discounts to initial cash prices, said traders. Investors bought deferred months and simultaneously sold August futures after digesting last Friday’s bearish U.S. Department of Agriculture cattle reports. August ended unchanged at 114.300 cents per […] Read more

Photo: Canada Beef Inc.

Livestock premises ID participation strengthens Canadian agriculture

The Canadian Food Inspection Agency is considering changes to the Health of Animals Regulations for livestock traceability, the agency announced during PremisesIDWeek July 26, a federal release says. The changes would require all Canadian operators of premises where livestock may be loaded or unloaded from a vehicle to have a valid premises identification number for […] Read more


Photo: Canada Beef Inc.

U.S. livestock: Live cattle turn higher on futures’ cash discount

Chicago / Reuters – Chicago Mercantile Exchange live cattle contracts on Wednesday pared some recent losses, helped by bargain buying and futures’ discounts to early-week cash prices, said traders. Investors bought August futures and sold deferred months in a trading strategy known as bull spreads. August ended 1.125 cents per pound higher at 114.300 cents, […] Read more

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U.S. livestock: Fund-selling extends CME live cattle futures losses

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, led by lingering bearishness from last Friday’s U.S. Department of Agriculture cattle reports, traders said. USDA’s reports suggested a supply buildup in the coming months, which dropped futures by their 3-cent per pound daily price limit on Monday. August ended 0.700 […] Read more



Photo: Canada Beef Inc.

U.S. livestock: Live cattle plunge after USDA reports

Chicago / Reuters – Some Chicago Mercantile Exchange live cattle contracts settled down the 3.000-cent per pound daily price limit on Monday following Friday’s bearish U.S. Department of Agriculture cattle reports, said traders. Friday’s USDA monthly Cattle-On-Feed report showed the largest June cattle placements for the month in 11 years. The twice-yearly U.S. cattle inventory […] Read more


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Annual food contest has new category for alcoholic beverages

Aspiring Manitoba entrepreneurs with creative ideas for new foods or alcoholic beverages are invited to enter the 11th annual Great Manitoba Food Fight (GMFF), Agriculture Minister Ralph Eichler announced yesterday “Manitoba is home to many budding entrepreneurs with a passion for food and drink and the skill to create innovative and delicious new products,” said […] Read more