Cattle on a feedlot. PHOTO: FILE

U.S. livestock: Cattle fall sharply as Trump says he’s working to lower beef costs

Reading Time: < 1 minute Chicago cattle futures fell sharply on Friday after U.S. President Donald Trump said his administration was working to lower the cost of beef. “We are working on beef, and I think we have a deal on beef,” Trump told reporters at the White House on Thursday. “No specifics were released on any plan, though the market is taking a […] Read more




 Photo: Jacqueline Nix/iStock/Getty Images Plus

U.S. livestock: Cattle futures spike, hogs mixed

Reading Time: < 1 minute Chicago cattle futures closed sharply up on Monday while lean hog futures were mixed. “Two large trades were seen at two different levels in the feeder cattle market, suggesting this may have been a short covering rally,” wrote analyst Christopher B. Swift. Most-active November feeders closed at 360.800 cents a pound, up 5.375 cents. January […] Read more








Photo: Geralyn Wichers

U.S. livestock: Hogs rally ahead of USDA report

Reading Time: < 1 minute Chicago lean hog futures rallied on Tuesday ahead of the USDA’s Hogs and Pigs report, due on Thursday. “The report may show a slight increase in total hog population, but analysts are speculating over what other stats may show and mean for futures prices,” the Wall Street Journal reported. The question is if producers expanded […] Read more