File photo

U.S. livestock: CME cattle rally on higher cash, beef prices

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rallied about 1.5 percent on Tuesday on fund buying and stronger cash cattle and beef prices, traders said. Frigid temperatures in U.S. Plains cattle producing areas also supported futures as such weather could slow down cattle weight gains, making them less available to packers. Actively […] Read more

Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013. (Canada Beef via YouTube)

China to accept Canadian chilled beef, pork in pilot project

Exporters of Canadian beef and pork are set to get expanded access to the “massive” Chinese market through a new bilateral pilot project. Prime Minister Justin Trudeau and Chinese Premier Li Keqiang on Monday announced a series of joint initiatives and agreements in several fields including “a pilot project for the export of Canadian chilled […] Read more


(HylifeFoods.com)

HyLife co-founder Paul Vielfaure, 59

Funeral arrangements are pending for one of the founding brothers behind Prairie hog production and pork processing firm HyLife. Paul Vielfaure died suddenly Nov. 23 at age 59, his family reported in a brief obituary in Winnipeg and Steinbach newspapers this week. Radio-Canada reported Tuesday that Vielfaure had died in Phoenix, Arizona. While Vielfaure was […] Read more

(ManitobaPork.com)

Canadian pork cleared for Argentina

Argentina is now ready to import Canadian pork for the first time in about 15 years, federal officials report. Federal Agriculture Minister Lawrence MacAulay and Trade Minister Francois-Philippe Champagne announced Wednesday that access to the Argentinian market has been restored for Canadian pork effective “immediately.” Canadian pork processors had started shipping to Argentina in 1998, […] Read more



Photo: Canada Beef Inc.

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

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


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

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

U.S. livestock: Cattle, hog futures mixed on spreading, cash declines

Chicago | Reuters – U.S. livestock futures were widely mixed on Thursday, with nearby live cattle and lean hog contracts hitting multi-week lows in bear-spreading as traders moved into deferred positions. Worries of weaker prices in cash markets for cattle and hogs further weighed on front-month contracts while the third of the five-day Standard & […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle futures slump 3rd straight session

Chicago | Reuters – Chicago Mercantile Exchange live cattle lost ground for a third day in a row on Wednesday, led by lower early-week cash prices, traders said. Funds involved in CME livestock futures that track the Standard & Poor’s Goldman Sachs Commodity Index periodically sold, or “rolled,” December long positions mainly into deferred months. […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cash price unease weakens CME live cattle futures

Chicago | Reuters – Chicago Mercantile Exchange live cattle on Tuesday settled lower, pressured by sell stops and caution in advance of cash prices later this week, traders said. Funds involved in CME livestock futures that track the Standard & Poor’s Goldman Sachs Commodity Index sold, or “rolled,” December long positions mainly into February and […] Read more