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(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Markets, Reuters

U.S. hog herd ekes out new high as PED impact ebbs

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Reading Time: 2 minutes Reuters — The U.S. hog herd in the December-February quarter modestly grew from a year earlier to a record high for that quarter, according to Friday’s U.S. Department of Agriculture quarterly hog report. Farmers cautiously added to herds while shoring up their bottom lines following the surge in hog numbers as the industry recovers from […] Read more
(USDA.gov via Flickr)
Corn, Crops, Reuters

USDA clears Monsanto, Syngenta corn traits

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Reading Time: < 1 minute Chicago | Reuters — The U.S. Department of Agriculture (USDA) will no longer regulate a genetically-modified corn developed by Monsanto to resist dicamba herbicide, the agency said on Wednesday. The move by the agency’s Animal and Plant Health Inspection Service (APHIS), means it can now be planted without permits or any additional regulatory oversight from […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Beans choppy ahead of data, corn sideways

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Reading Time: 2 minutes CNS Canada –– Chicago Board of Trade corn prices are set to trade sideways over the course of the week as the market awaits fresh news, but that staleness is in direct contrast with the turbulence in soybeans. Soybeans – “They’re going to trade pretty choppy,” said Terry Reilly at Futures International. Soybeans should feel […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle slump fourth straight day

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle settled in bearish territory for a fourth straight session, on leftover selling and fund liquidation after contracts dropped below technical support levels, traders said. April live cattle ended 1.925 cents/lb lower at 136.425, and June finished 1.7 cents lower at 126.15 (all figures US$). Both contracts […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hogs see biggest one-day loss in three months

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday notched their biggest daily loss since last December, hit by technical selling and lower cash price expectations, traders said. April closed 2.1 cents/lb. lower at 69.35 cents, after drifting below the 40-day moving average of 70.31 cents (all figures US$). May ended 2.1 […] Read more
(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

Cattle placed in U.S. feedlots jump to eight-year high

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Reading Time: 2 minutes Chicago | Reuters — The number of cattle put into U.S. feedlots in February climbed 10 per cent from a year earlier to their highest level for that month in eight years, according to a government report released Friday. The placement results, which shed light on future prices for cattle and beef, surpassed industry forecasts […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle end firm, but off recent peak

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished moderately higher on Wednesday as the steep climb in wholesale beef values fueled expectations for strong cash prices by Friday, traders said. Futures hit a 4-1/2-month peak but pared gains on profit-taking and positioning ahead of the U.S. Department of Agriculture’s monthly Cattle on […] Read more
(Canada Beef Inc. photo)
Livestock, Markets, Reuters

U.S. livestock: Surging beef prices push CME live cattle higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday, driven by a recent surge in wholesale beef prices that stirred optimism for cash prices later this week, traders said. April futures ended 1.425 cents/lb. higher at 140.725 (all figures US$). June closed up 1.5 cents/lb. at 130.325 after peaking at […] Read more

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