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(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Supply buildup fears undercut CME live cattle

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday reversed Wednesday’s gains, weakened by fund liquidation and concerns about rising supplies, said traders. More cattle tend to come to market as warmer spring temperatures allow livestock to gain weight faster. And, the most recent U.S. government monthly cattle report implies increased cattle numbers […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle end higher but off morning tops

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher after Wednesday’s volatile session, supported by the uptick in wholesale beef values and futures’ discounts to this week’s cash prices, said traders. Futures slipped from session highs due to the looming seasonal bump in supplies and U.S. stocks’ tumble amid renewed trade war fears. […] Read more
(CMEGroup.com)
Livestock, Markets, Reuters

U.S. livestock: Cash prices halt CME hogs’ losing streak

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday snapped a four-session slide, helped by short-covering and firmer prices for market-ready, or cash, hogs, traders said. They said some investors bought deferred months as fears of a trade war eased. Futures drew support from expectations for only a slight seasonal increase in hog […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Supplies, trade nerves keep CME hogs on defensive

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished mostly lower for a fourth straight session on Monday, pressured by seasonal supply buildup and continued worries about potential trade disputes, said traders. Any trade war with the U.S. will only bring disaster to the world economy, China’s commerce minister said on Sunday. The […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle snap back on bargain hunting

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Friday, after short-covering and bargain buying pulled contracts up from Thursday’s seven-week low, said traders. Bullish investors were further drawn to futures’ price value compared to this week’s prices for slaughter-ready, or cash, cattle. April live cattle closed 1.35 cents/lb. higher at 123.125 […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle down, but off seven-week lows

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle slid to a seven-week bottom on Thursday, led by fund liquidation, traders said. Futures’ discount to this week’s slaughter-ready, or cash, cattle prices freed contracts from session lows, they said. April closed 1.2 cents/lb. at 121.775 cents (all figures US$). June finished 1.55 cents lower at […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Trade war jitters drag on CME hogs

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Wednesday hit a three-month low, partly rattled by talk of a potential trade war if the U.S. tacks higher tariffs on imported steel and aluminum, traders said. Wednesday’s U.S. stock market slumped as U.S. President Donald Trump appears poised to impose steep tariffs this […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Supply buildup fears undercut CME live cattle

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday finished lower as concern about increased supplies ahead yanked the market from early-session highs, traders said. Investors exercised caution while waiting for the bulk of slaughter-ready, or cash, cattle in the U.S. Plains to change hands this week. April ended 0.4 cents/lb. lower […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat, soybeans firm

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soy futures edged higher on Monday, with some wheat contracts rising more than one per cent as weather forecasts showed little rain relief for dry wheat crops in the Plains or drought-affected grain belts in major exporter Argentina. Global benchmark Chicago Board of Trade May wheat was up […] Read more

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