Photo: Canada Beef Inc.

U.S. livestock: Profit-taking undercuts CME live cattle futures

Chicago | Reuters – Chicago Mercantile Exchange live cattle closed lower on Monday, hit by profit-taking after last week’s sharply higher cash prices drove some trading months up by their 3-cents per pound daily price limit on Friday. Funds “rolled” the December contract and simultaneously bought deferred ahead of similar moves on Tuesday. Tuesday is […] Read more

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U.S. livestock: Live cattle futures retreat from 5-month high

Chicago | Reuters – Chicago Mercantile Exchange live cattle on Thursday settled lower, pressured by profit-taking after futures posted new highs for the contract and reached their highest level in almost five months, said traders. December futures led decliners after funds “rolled” that month and at the same time purchased deferred contracts ahead of similar […] Read more



(Dave Bedard photo)

Maple Leaf Q3 profit beats on overall sales growth

Reuters — Maple Leaf Foods, one of Canada’s biggest pork processors, posted a quarterly profit that beat analysts’ estimates, helped by growth across all its businesses. The company, whose brands include Schneiders, Maple Leaf and, since March, Lightlife, said adjusted operating earnings rose to $65.15 million in the third quarter from $61.52 million a year […] Read more





Chef Jonathan Collins cuts up a pork leg, foot included, to prepare ginger and black vinegar hog trotters in a video for Canada Pork International. (Video screengrab from CanadaPork.com)

Mexico considers pork in response to NAFTA produce proposal

Mexico City | Reuters — Mexican negotiators are working on a response to informal U.S. proposals to include protections for fresh produce in the re-negotiation of the North American Free Trade Agreement (NAFTA), two people briefed on the proposals said. U.S., Canadian and Mexican delegations finished a second round of talks last week to renegotiate […] Read more