Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Wednesday, as a lack of fresh news had some participants moving to the sidelines. The December live cattle contract lost 1.925 cents per pound at 225.275 cents. Feeder cattle were down 1.675 cents in the January contract at 327.475 cents per pound. The U.S. Department […] Read more
U.S. livestock: Cattle futures end lower
Cattle group asks Canada to break off U.K. trade agreement
Reading Time: 3 minutes Canadian Cattle Association cites little effort to fix ‘non-tariff barriers,’ which they say have already been a problem for getting Canadian beef market access to the U.K.
New opportunities for Canadian goods in Mexico
Reading Time: 2 minutes Agriculture minister’s trip to Mexico sees promotion of Canadian goods like beef and canola, with potential for more partnerships in the future
U.S. livestock: Cattle markets mostly higher
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mostly higher on Monday, although the nearby October live cattle contract settled with small losses at the final bell. The October live cattle contract lost 0.175 cents per pound at 235.800 cents while the December contract was up 0.125 cents at 237.575 cents. October feeder cattle futures […] Read more
Smithfield Foods raises annual profit forecast as hog business recovers
Reading Time: 2 minutes Smithfield Foods raised its annual operating profit forecast on Tuesday as its hog business rebounded from losses and the biggest U.S. pork processor said it resumed U.S. exports to China that had been crippled by tariffs.
Canadian Pork Council meets with U.S. and Mexican counterparts
North American pork sector committed to food security, responsible production
Reading Time: < 1 minute Leaders of the North American pork sector reaffirmed their commitment to producing nutritious, sustainable and affordable pork at a recent trilateral meeting held in Niagara on the Lake, Ont.
U.S. livestock: Record highs in cattle futures
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange continued to set new records on Tuesday, as improving packer margins, strong demand and chart-based buying provided support. August feeder cattle futures were up by 5.400 cents per pound at 319.125 cents per pound. The August live cattle contract gained 4.075 cents per pound at 219.975 cents at […] Read more
Maple Leaf Foods spin off approved
Shareholders voted in favour of Canada Packers Inc., which will cover the food company’s pork operations
Reading Time: 2 minutes Maple Leaf Foods shareholders approved with an overwhelming majority the food processing company's plan to spin off its pork operations to Canada Packers Inc.
US beef off the menu as the trade war hits Beijing’s American-style restaurants
US beef exports to China worth $125 million a month at risk
Reading Time: 2 minutes Beijing | Reuters – At Home Plate BBQ, an American-style restaurant in Beijing, staff are reprinting menus. The U.S.-China trade war means American beef – once the star ingredient – will soon be off the table. Home Plate’s beef, previously sourced entirely from the U.S., is increasingly Australian. The restaurant uses about 7 to 8 […] Read more
U.S. livestock: Prices push upward; boxed beef slips back
Boxed beef slips back
Reading Time: < 1 minute Live and fed cattle futures and those for lean hogs on the Chicago Mercantile Exchange were higher on Friday.
A message from April Stewart, Country Guide's Associate Editor
