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U.S. livestock: CME live cattle extend slide

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, extending their slide to four straight sessions on declining cash prices and expectations of rising cattle supplies in the next few months. Cash cattle traded lightly in Texas and Kansas, down $1 from last week’s trade, brokers said (all figures US$). “We […] Read more

‘Fake News’ and the farm

Politicians may have just caught on about ‘fake news,’ but farmers have known for years what it’s like to live in a world where anything can and does get said and believed. Now, there is a way to counter the din of anti-activists, the food conspiracy theorists, and the faddists. And it may just start with you.

Just 18 short months ago, almost no one — not politicians, not reporters, not lay people — used the term ‘fake news.’ Sure, bias and dishonesty have existed in politics, in sales, in industry and in media forever. What’s new since the viral spread of the ‘fake news’ concept, though, is our almost universal belief […] Read more


Klassen: Buyers’ temperance subdues feeder market

Compared to last week, western Canadian yearling prices were under pressure trading steady to $3 lower; however, eastern Canadian orders were prevalent in Manitoba and eastern Saskatchewan, where values were relatively unchanged from week-ago levels. Alberta feedlot demand was subdued as the deferred live cattle futures traded to three-month lows. Most operations are holding high-priced […] Read more

Premium Brands set to buy three meat processors

A pair of Ontario meat processors with “iconic” brands in Canada are among four firms to be picked up on the most recent shopping expedition by specialty food firm Premium Brands. Vancouver-based Premium announced Friday it will pay a total of $227 million in cash, shares and promissory notes for four companies: Concord Premium Meats, […] Read more

U.S. livestock: CME live cattle hit two-month low

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday for a third straight session, pressured by fund-driven long liquidation and expectations of rising supplies ahead based on the U.S. Department of Agriculture’s most recent monthly cattle report, traders said. Declines on Wall Street added to bearish sentiment. The S+P and Nasdaq […] Read more

Sustainable beef pilot passes first-quarter mark

The packer behind the pilot of a Canadian value chain for certified sustainable beef says its first three months are proof the model is scalable as well as functional. The pilot’s first quarter “proved that a significant volume of beef can be successfully traced through a certified supply chain for the participating customers,” Gurneesh Bhandal, […] Read more


U.S. livestock: CME live cattle down again on supply growth outlook

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Friday slid for a second straight day, pressured by increased supply expectations, said traders. Some investors sold CME live cattle contracts despite Friday’s wholesale beef price uptick and futures’ discounts to this week’s cash returns. April live cattle closed 0.6 cent/lb. lower at 121.25 cents, […] Read more