Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mostly lower on Friday, pressured by government data showing the U.S. hog herd expended two per cent during the last quarter as well as worries about a potential strike at U.S. ports next week, analysts said. Some 45,000 union workers could walk off the […] Read more
U.S. livestock: CME lean hog, live cattle futures end mostly lower
China agriculture ministry to steady beef and dairy output, aid farmers
Reading Time: < 1 minute China's agriculture ministry said on Thursday it would stabilize beef and dairy production, shore up consumption and assist farmers as falling prices force small producers out of business.
U.S. livestock: CME cattle fall amid fears over labour market
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures fell on Friday on a dip in equities markets, slowing momentum in the labour market and a weak cash cattle trade, analysts said. Lean hog futures also fell as industry players anticipated a large supply of heavy hogs to hit the market […] Read more
U.S. livestock: CME cattle fall as consumers opt for cheaper meats
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Thursday on renewed worries over inflation-hit consumers’ ability to purchase pricy cuts of meat, traders said. Hog futures also fell on a seasonal lull in prices and a strong supply of heavy hogs. Beef and pork demand has eased […] Read more
U.S. livestock: CME cattle dip on weak cash market, rising corn prices
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Wednesday following recent weakness in cash prices and as corn prices sustained a small rally, traders said. Traders also monitored U.S. beef demand. Demand for beef typically weakens after Labor Day, which is considered the last major grilling holiday […] Read more
U.S. livestock: CME cattle, lean hog futures turn higher as wholesale prices firm
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, as wholesale prices firmed and the slaughter pace temporarily shrank as some plants shuttered over the holiday weekend, analysts said. Strong boxed beef prices continued to underpin cattle markets, traders said. Select boxed beef prices rose on Tuesday morning, with prices […] Read more
U.S. livestock: CME cattle fall on rallying corn prices
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Monday as corn futures rallied following the U.S. Department of Agriculture’s supply and demand report that lowered corn ending stocks, traders said. Meanwhile, hog futures were mixed as bargain buying counterbalanced seasonal price pressure. CME most-active October feeder cattle FCU24 closed down 2.05 cents at […] Read more
U.S. livestock: Live cattle futures surge on cash market, GDP data
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures climbed on Thursday, as prices in the cash market rose and signs of strength appeared in the U.S. economy, market analysts said. At one point during the session, the most-active October live cattle futures contract LCV24 surged up to 189.050 cents per pound – the highest price […] Read more
Taking the human out of pressure washing
Reading Time: < 1 minute Pressure washing is an unpopular job on livestock farms that is increasingly solved with automation
U.S. livestock: CME hogs rally after contract lows; cattle futures jump
Reading Time: 2 minutes Chicago | Reuters – Lean hog futures rallied at the Chicago Mercantile Exchange on Friday after falling earlier to contract lows under pressure from increased U.S. production. Cattle futures also climbed. A rise in wholesale prices for U.S. pork helped trigger the turnaround in hogs, analysts said. The U.S. Department of Agriculture priced the pork carcass cutout […] Read more
A message from April Stewart, Country Guide's Associate Editor
