Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle and feeder cattle futures declined two per cent or more on Tuesday, reversing from earlier gains as traders took profits on concern that surging prices could hurt beef demand, traders and analysts said. Lean hog futures were higher at the Chicago Mercantile Exchange but finished well off their […] Read more
U.S. livestock: Cattle fall on profit-taking reversal
U.S. livestock: Cattle mostly sharply higher on roll, beef gains
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures were mostly sharply higher on Monday, rising as investors rolled positions forward and as wholesale beef prices extended gains, traders and analysts said. Feeder cattle and lean hogs also climbed at the Chicago Mercantile Exchange, with all three recouping a portion of the losses notched on Friday […] Read more
U.S. livestock: Cattle firm on discount to cash trades
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a roughly 1-1/2 year high on Thursday, boosted by gains in cash cattle prices that widened futures’ discount to the cash market, dealers said. Feedlots bought a small number of cattle in Nebraska at $128/cwt, up $2 from last week (all figures US$). […] Read more
U.S. livestock: Cattle extend gains on fund buying
Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures extended gains on Wednesday, with most live and feeder cattle contracts hitting lifetime highs on investment fund buying as wholesale beef prices also climbed, traders said. The higher cattle prices came despite expectations for weaker trades this week in U.S. Plains cash cattle markets as some beef packers […] Read more
Smithfield makes move on market for pig-human transplants
Reading Time: 3 minutes Chicago | Reuters — Smithfield Foods, the world’s largest pork producer, has established a separate bioscience unit to expand its role in supplying pig parts for medical uses, with the ultimate goal of selling pig organs for transplantation into humans. Routine pig-human organ transplants are years away, but recent scientific advances are breaking down barriers […] Read more
U.S. livestock: Cattle hit 2-1/2-week highs
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures jumped to a 2-1/2 week peak on Tuesday while lean hogs were mostly higher on support from investment fund buying linked to big gains in wholesale beef prices, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle futures gained for the fifth straight session, settling […] Read more
U.S. livestock: Cattle, hogs narrowly mixed on quarter-end positioning
Reading Time: 2 minutes Chicago/Reuters – U.S. livestock futures were narrowly mixed on Friday, with live cattle edging slightly higher in a rebound from an earlier 10-day low as investors squared up their positions on the final day of the quarter, traders and analysts said. Most-active Chicago Mercantile Exchange June live cattle settled unchanged at 110.875 cents per lb, […] Read more
U.S. grains: Soybeans slip to five-month low ahead of USDA data
Reading Time: 2 minutes Chicago/Reuters – U.S. soybean futures fell to a five-month low on Thursday while corn and wheat weakened as traders adjusted positions ahead of U.S. Department of Agriculture data that was expected to show abundant supplies of each crop. Prices for all three commodities eased in relatively subdued trading before Friday’s USDA annual prospective plantings and […] Read more
U.S. grains: Soy weakens, corn gains ahead of USDA report
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed lower on Wednesday, while corn and wheat prices edged higher as investors squared positions ahead of U.S. Department of Agriculture plantings and grain stocks data on Friday, traders and analysts said. Soybean futures fell to the lowest levels since October and corn and wheat each held above […] Read more
U.S. grains: Wheat, corn, soy fall to fresh 2017 lows
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly rain in the southern Plains wheat belt, traders said. Wheat futures led the way down. K.C. hard red winter wheat futures, which reflect the variety […] Read more
A message from April Stewart, Country Guide's Associate Editor
