Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and lean hog futures stabilized on Tuesday after sliding during the previous session on fears that the U.S. may be headed for a recession.
Tag Archives beef
U.S. livestock: Live cattle stabilize after sell-off
CFIA won’t enforce some ritual slaughter requirements after appeal from Jewish organizations
Reading Time: 2 minutes The CFIA will no longer require three determinations of unconsciousness previously mandated for ritually slaughtered animals after a recent federal court ruling. Jewish organizations and companies had appealed the Canadian Food Inspection Agency (CFIA) regulations in court, claiming they made kosher slaughter difficult, which resulted in a disruption in supply of kosher meat in Canada.
U.S. livestock: Cattle futures swing wildly, fall on economy concerns
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures plunged sharply on Friday, with back-month feeder cattle contracts setting new lows, as signs of a weakening U.S. economy spurred market participants to unwind long positions and seek cover, traders said.
U.S. livestock: Cattle futures fall amid fund selling, lower wholesale prices
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower on Thursday, with the most-active feeder cattle contract FCU24 falling more than two per cent, amid a flurry of fund selling and signs of weakening consumer demand.
U.S. livestock: Lean hog futures higher on technical trade; cattle futures mixed
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) lean hog futures firmed on technical trading and weaker wholesale prices on Wednesday, while live cattle futures ended lower on a day of choppy trade, market analysts said.
U.S. livestock: CME lean hogs turn down on seasonal dip
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Tuesday as the cash cattle market remained strong, while lean hogs turned lower as traders anticipated slowing ham sales.
Klassen: Western Canadian yearling prices hit fresh record highs
Reading Time: 2 minutes The year-over-year decline in last year’s calf crop has caused the market to set new records. Larger finishing feedlots are setting the price structure as many of these lots have seasonal low inventory. The quality of yearlings coming off grass is excellent with buyers shopping for feed efficiencies.
U.S. livestock: Lean hog, cattle futures turn lower on demand questions
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) livestock futures turned lower on Monday, as cattle futures fell on signs of profit taking, a steady cattle cash market and uncertainty about consumer demand for beef this fall, market analysts said.
U.S. livestock: Feeder cattle gain strength as corn prices plunge
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures ticked up Friday on steep losses in the U.S. grains market, while lean hogs mostly firmed on short-covering, analysts said.
Brazil beef output to hit record in 2024, Conab says
Reading Time: < 1 minute Sao Paulo | Reuters – Brazil’s beef production is expected to reach a record 10.19 million metric tons in 2024, national crop agency Conab said on Thursday, a 7.1 per cent year-on-year increase that would eclipse the current all-time high set in 2006. Beef exports from the South American country are seen reaching 3.44 million […] Read more