Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be closed to cattle imports for the foreseeable future as the flesh-eating screwworm parasite spreads. […] Read more
U.S. livestock: Cattle choppy amid weak cash market, tight supply
Mexico sees 32 per cent jump in flesh-eating screwworm cases since August as cases move north
Reading Time: 2 minutes Mexico recorded 6,703 cases of animals infested with New World screwworm as of September 13 since the start of the outbreak in November of last year. That was compared to 5,086 confirmed cases during the previous period, which ended August 17.
U.S. livestock: Hog futures slide in technical correction
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ticked lower on Monday in a technical pullback after futures surged in the previous session, traders said. The U.S. Department of Agriculture in its quarterly Hogs and Pigs report on Thursday said the nation’s inventory on September 1 was 74.5 million head, down 1.3 per […] Read more
Klassen: Feeder market remains volatile
Reading Time: 2 minutes For the week ending September 27, Western Canadian feeder cattle markets traded $10/cwt higher to $10/cwt lower compared to seven days earlier.
Under Trump, U.S. cedes its share of China’s beef market to Australia
Reading Time: 2 minutes Australian beef has replaced U.S. supply in China since President Donald Trump returned to the White House.
U.S. livestock: Hog futures hit contract highs on shock herd decline
Reading Time: 2 minutes Chicago | Reuters – Lean hog futures stormed to contract highs at the Chicago Mercantile Exchange on Friday as smaller-than-expected U.S. inventory numbers stoked concerns about supplies, analysts said. The nation’s inventory on September 1 was 74.5 million head, down 1.3 per cent from a year earlier, the U.S. Department of Agriculture said in a […] Read more
U.S. criticizes Mexico’s handling of screwworm near border
Reading Time: 2 minutes U.S. Agriculture Secretary Brooke Rollins on Thursday said Mexico has not adequately enacted protocols to curb the spread of New World screwworm.
U.S. livestock: Hog futures hit contract high, herd falls short of estimates
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set a contract high on Thursday as strong cash prices supported the market, analysts said. After the trading session ended, the U.S. Department of Agriculture said in a quarterly report the nation’s inventory of hogs and pigs on September 1 was 74.5 million head, down […] Read more
USDA plan to rebuild beef herd will not include producer payments, says farm secretary
Reading Time: < 1 minute The U.S. Department of Agriculture is developing a plan to revitalize the decimated U.S. beef herd, but will not offer payments to producers, Agriculture Secretary Brooke Rollins said on Thursday.
U.S. livestock: Live cattle drop as beef prices, packer margins erode
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on Wednesday on long liquidation by funds and as sinking beef prices and eroding packer margins weighed on the market. Feeder cattle futures also retreated in a technical correction after four consecutive sessions of gains that were fueled by concerns over tightening U.S. supplies. “We […] Read more
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