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

U.S. livestock: CME live cattle mostly firm after choppy day

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished mostly firm on Monday after a volatile session stirred by bear spreading as investors sold the October contract and bought deferred months, traders said. They added that negative market fundamentals and anticipation of possible deliveries next Monday (Oct. 5) contributed to active bear spreading. […] Read more
(USDA.gov via Flickr)
Hogs, Livestock, Reuters

USDA analyzing effects of wild pigs on crops, livestock

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Reading Time: < 1 minute Chicago | Reuters –– The U.S. Department of Agriculture (USDA) said Friday it has started analyzing for the first time data it has collected on the impact that wild pigs have on U.S. farmers’ crop and livestock operations. It is estimated by federal and state agricultural officials that there are more than five million wild […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy, corn, wheat rally to close week

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybeans rallied 2.4 per cent to their highest in more than a week on Friday, supported by signs of a pick-up in export demand for U.S. supplies, traders said. U.S. wheat futures rose 2.2 per cent to their highest since Aug. 14. Wheat pulled corn higher on […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Bargain hunters send CME live cattle, feeders limit up

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed up their three-cents-per-pound daily price limit, ignited by active short-covering and bargain hunting after contracts recently tumbled to two-year lows, traders said. Spot-October and December finished at 133.7 and 137 cents/lb., respectively (all figures US$). Live cattle’s trading limit will be expanded […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: CBOT wheat slides from one-month high

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent from a one-month top on Thursday on a round of profit taking, with plentiful global supplies allaying concerns about adverse crop weather in Australia and the Black Sea region, traders said. Corn futures edged lower, pressured by the expanding harvest of what is expected […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle again sink to two-year bottom

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to a two-year low for a second consecutive session on Thursday, weighed on by seasonally slack beef demand, traders said. But, they said, late-session bargain hunting and short-covering lifted CME live cattle from morning lows. Spot-October closed 2.525 cents/lb. lower at 130.7 cents, after […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat nears one-month high on global weather worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures neared a one-month high on Wednesday on short-covering and poor weather in Australia and the Black Sea region that worried traders who have recently been focused on large global supplies. Corn and soybean futures ended little changed. Propelling wheat prices higher was dry weather that is threatening the […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle plunge limit down to two-year low

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday tumbled to a two-year low, and by their three-cent-per-pound daily price limit, amid a seasonal slowdown in beef demand and lower expectations for cash prices this week, traders said. Spot-October and December respectively closed at 133.225 and 135.75 cents/lb., which are also their […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy futures fall as harvest pace picks up

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday, under pressure from the expanding harvest around the U.S. Midwest as well as some profit-taking after rallying on Monday, traders said. Wheat futures also fell, but losses were kept in check as bargain buyers stepped into the market when prices hit their session […] Read more

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