Reading Time: < 1 minute Chicago Mercantile Exchange live cattle firmed on Wednesday as wholesale prices continued to rise and consumer demand for beef has stayed strong amid the U.S. grilling season, market analysts said.
U.S. livestock: Live cattle futures climb as wholesale US beef prices firm
Drake Meats to build new facility
Reading Time: < 1 minute Saskatchewan meat company Drake Meats Processors Inc. will be building a new meat processing facility in Saskatoon that is expected to employ 200 local people once fully operational.
U.S. livestock: Chicago hogs, cattle mixed
Reading Time: < 1 minute Chicago cattle and lean hog futures ended mixed on Wednesday even as consumer demand remained strong ahead of Memorial Day.
Klassen: Buying interest for feeder cattle subsides
Reading Time: 2 minutes For the week ending May 16, Western Canadian feeder markets were steady to $6 higher on average compared to seven days earlier. Heifers were relatively unchanged but steers were notably stronger, especially on replacements over 800 pounds.
U.S. livestock: Cattle futures, beef boxes recover some losses
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Cattle contracts on the Chicago Mercantile Exchange made small gains on Friday, providing little relief at the end of a tough week. The August live cattle contract gained US$0.900 per hundredweight to close at US$206.750. Meanwhile, August feeder cattle saw an increase of US$1.775/cwt. to end the day at US$297.600. […] Read more
U.S. livestock: Futures fall, boxed beef prices up
Reading Time: < 1 minute Cattle futures tumbled farther off the contract highs hit earlier in the week on Thursday. Profit taking, as well as comments from Tyson Foods CEO Donnie King that cattle herds were “very close” to a rebuild at a conference on Wednesday, caused August live cattle futures to fall and that pressure continued on Thursday. The […] Read more
Anthrax found in Saskatchewan cattle
Lab results have confirmed that cattle in northwestern Saskatchewan died of anthrax.
Reading Time: 2 minutes Lab results have confirmed that cattle in northwestern Saskatchewan died of anthrax.
U.S. livestock: CME cattle futures backtrack from record highs
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled on Wednesday after climbing to records on dwindling U.S. supplies.
U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
Reading Time: < 1 minute U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
U.S. livestock: Cattle mixed, hogs make modest gains
Reading Time: < 1 minute Chicago cattle futures settled on either side of unchanged, Tuesday, after setting fresh highs on Monday. Lean hog contracts made modest gains.
A message from April Stewart, Country Guide's Associate Editor
