(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle extend gains as funds buy

Chicago | Reuters — Chicago Mercantile Exchange live cattle rose for a third straight day on Friday with support from fund buying and futures’ discounts to late-afternoon cash price expectations, said traders. They said some market participants sold April futures and simultaneously bought deferred months in a trading strategy known as bear spreading. April live […] Read more

(Photo courtesy Canada Beef Inc.)

Talks wrap on new Canadian internal trade deal

Farm groups across Canada expect a new interprovincial trade agreement to clear paths for more trade in Canadian-grown agrifood and other farmed products within the country, reducing the need for imports. Federal, provincial and territorial ministers on Friday announced they’ve concluded talks on a new Canadian Free Trade Agreement (CFTA), which on July 1 will […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Bargain buying rallies CME hogs

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday after bargain buying lifted futures from four-month lows, said traders. They said buy stops and deferred-month technical buying furthered market advances. April hogs ended up 0.3 cent/lb. to 63.925 cents, and May 1.2 cents higher at 69.55 cents (all figures US$). “We […] Read more

A YourLink tower outside Weyburn, Sask. (YourLink.ca)

Wireless providers ordered to set up alert system

Canada’s wireless providers have until April 2018 to set up wireless public alerting systems on LTE networks. The Canadian Radio-television and Telecommunications Commission (CRTC) on Thursday issued a directive to that effect to all wireless service providers. The alert system would allow emergency management officials to warn Canadians via mobile devices of “dangers to life […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end firmer despite cash pessimism

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained modestly on Wednesday, aided by their discounts to this week’s cash price expectations, said traders. They said sufficient supplies and seasonally tepid wholesale beef demand capped market advances. April live cattle closed up 0.05 cent/lb. to 118.275 cents, and June up 0.125 cent to […] Read more







(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle, hogs narrowly mixed on quarter-end positioning

Chicago/Reuters – U.S. livestock futures were narrowly mixed on Friday, with live cattle edging slightly higher in a rebound from an earlier 10-day low as investors squared up their positions on the final day of the quarter, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle settled unchanged at 110.875 cents per lb, […] Read more