(USDA.gov via Flickr)

U.S. cattle herd growth to five-year high spells cheaper beef ahead

Reading Time: 2 minutes Chicago | Reuters — Beef prices will keep trending lower, analysts said after the government’s semi-annual cattle inventory report on Friday showed the U.S. cattle herd as of Jan. 1 grew three per cent from a year ago, to a five-year high. Healthy pastures, more-affordable grain and record-high cattle prices a year ago encouraged ranchers […] Read more

U.S. grains: Soybeans fall amid global export setbacks

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures tumbled on Thursday, with the most-active March contract down 1.6 per cent, the largest drop for soybeans in more than a month, after exporters canceled U.S. soybean sales to China. Chicago Board of Trade March wheat ended 4-1/4 cents lower at $4.72-1/4 per bushel, after hitting a one-month […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle rally ahead of USDA report

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures gained for a second day in row on Friday, supported by follow-through buying after contracts settled up by their 3-cent-per-lb daily price limit on Thursday, said traders. Investors also tweaked positions before Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report at 2 p.m. CT. At […] Read more

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U.S. feedlot cattle count not as low as expected

Reading Time: 2 minutes Chicago | Reuters — Cattle placed into U.S. feedlots in December slipped one per cent from a year earlier to their lowest level since 1998, based on a U.S. Department of Agriculture report Friday, but were slightly above average industry expectations. Feedlots finally purchased less-expensive calves, or feeder cattle, that had grown heavier on healthy […] Read more


(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans set back on profit taking

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped 1.1 per cent on Wednesday as investors locked in profits a day after the market’s rally to a four-week high, traders said. Wheat futures also fell, pressured by weak overseas demand for U.S. supplies. But corn closed slightly higher, with a surprise export sale triggering a mild […] Read more



(Stephen Ausmus photo courtesy ARS/USDA)

Canada blocks poultry, eggs from Indiana

Reading Time: 2 minutes Cross-border travellers coming into Canada from the U.S. are now warned against bringing in raw poultry and eggs from Indiana, the site of the country’s latest cases of avian flu. Travellers entering Canada from the U.S. may not bring in uncooked poultry products, live birds and/or eggs from Indiana, North Dakota or Missouri, the Canadian […] Read more