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 swing wildly, fall on economy concerns
U.S. grains: Corn prices near four-year low, trapped below $4/bushel
Reading Time: 2 minutes U.S. corn and soybean futures fell to their lowest levels in nearly four years on Thursday as forecasts for cool, rainy weather in the Corn Belt boosted yield expectations, analysts 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.
New U.S. organic rules cause headaches for Canadian exporters
Reading Time: 2 minutes The rule, which implements mandates from the 2018 U.S. Farm Bill, requires National Organic Program (NOP) certificates for all organic imports, and certification of businesses at more points of the supply chain, among other changes the U.S. Department of Agriculture said in a news release in January 2023.
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. grains: Chicago corn falls below $4 on beneficial weather
Reading Time: 2 minutes Chicago December corn futures settled below $4 and hit a contract low on Wednesday as favorable U.S. crop prospects weighed and farmers began selling their hefty supplies of old crop corn, traders 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.
US to spend $10 million to curb bird flu in farm workers
CDC plans vaccine push; says risk to general public remains low
Reading Time: 2 minutes The U.S. Centers for Disease Control and Prevention said on Tuesday it plans to spend $10 million to curb farm worker bird flu infections, including $5 million for seasonal flu vaccines, as part of its efforts to avoid further spread and mutation of the virus.
U.S. grains: Soy tumbles to 2020 lows as rains seen aiding US crops
Reading Time: 2 minutes Chicago soybean prices plunged on Monday to the lowest since October 2020, as forecasts for rain in the U.S. crop belt alleviated concerns over the potential impact on crop yields from hot and dry weather.
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.
A message from April Stewart, Country Guide's Associate Editor
