(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle retreat following initial cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts slumped on Wednesday, pulled down by technical selling and lower preliminary cash prices, said traders. June closed 0.95 cent/lb. lower at 122.125 cents (all figures US$). August closed 1.4 cents lower at 119.925 cents, and below the 10-day moving average of 120.13 cents. Wednesday morning’s […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs gain, cattle ease on spread unwinding

Chicago | Reuters — U.S. lean hog futures rose to a three-month high on Tuesday while live cattle declined as some investors unwound hog-cattle spreads, traders and analysts said. Traders locked in profits on long cattle-short hog spreads, with Chicago Mercantile Exchange live cattle declining for the first time in four sessions and easing from […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle hit two-week high on cash discount, bear-spreading

Chicago | Reuters — U.S. live cattle futures extended gains to a nearly two-week high on Monday, lifted by bear-spreading and futures’ discount to trades in the cash steer market, traders said. Feeder cattle futures jumped two per cent and lean hog futures hovered near three-month highs while wholesale beef and pork prices climbed ahead […] Read more


(Assnat.qc.ca)

Quebec sets up single line for flooded farmers

Quebec farmers whose operations have been hit by flooding in recent weeks will have a single number to call for provincial support starting Tuesday. The province’s agriculture ministry (MAPAQ), public security ministry (MSP) and ag lending agency, la Financiere agricole du Quebec (FADQ) on Friday announced a “concerted effort” to manage supports for flood-affected farms. […] Read more