(CMEGroup.com)

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

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, weighed down by profit-taking that pared morning gains and snapped the market’s three-day winning streak. August live cattle ended 1.1 cents per pound lower at 150.5, and October down 1.325 cents at 147.225 cents (all figures US$). CME live cattle spiked […] Read more

(Dave Bedard photo)

Maple Leaf names ‘animal wellness’ chief

Canadian processing giant Maple Leaf Foods has gone to Ontario’s pork sector for the person to spearhead the setup of its “comprehensive animal wellness program.” The Toronto meat and processing company on Monday named Dr. Stephanie Cottee, a former provincial programs advisor with the Ontario provincial pork board, as its new “leader, animal wellness.” While at […] Read more





(CMEGroup.com)

U.S. livestock: CME live cattle jump on short-covering

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher on Thursday on short-covering following recent heavy market losses, traders said. August live cattle ended 1.775 cents per pound higher at 150 cents, and October up 0.8 cent to 147.35 cents (all figures US$). CME live cattle chopped around during most of the […] Read more

Ex-CFIA doc pleads guilty over stray brucellosis

Canada’s first chance to prosecute a breach of its laws against traffic in dangerous pathogens has ended in a guilty plea from a previously well-regarded researcher over stray vials of brucellosis-causing bacteria. Dr. Klaus Nielsen, who had worked at the Canadian Food Inspection Agency’s Fallowfield lab southwest of Ottawa, was first arrested in October 2012 on […] Read more





(CMEGroup.com)

U.S. livestock: CME live cattle fall sharply with initial cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished down sharply on Tuesday, pressured by preliminary sales of slaughter-ready or cash cattle at lower prices, traders said. August ended down the three-cents-per-pound daily price limit at 149.625 cents (all figures US$). October finished 2.775 cents lower, at 147.675 cents. On Tuesday morning, a […] Read more

(National Pork Board (U.S.) photo via ARS/USDA)

Russia’s sanctions no surprise for pork industry

CNS Canada — Russian sanctions implemented last week halting food imports from the U.S., Canada and the European Union have jarred Canada’s pork industry, which exports a large amount of product to Russia annually. “It’s quite a significant impact in terms of the disruption it creates,” said Martin Rice, executive director at the Canadian Pork […] Read more