Chicago | Reuters – Chicago Mercantile Exchange hogs closed lower for a third straight day on Thursday, posting new lows for the contract, following downward-trending prices for market-ready, or cash […] Read more
U.S. livestock: Lower cash, pork prices send CME hog futures lower
U.S. feedlots draw more cattle than expected in May
Chicago | Reuters — Ranchers in May drove more cattle into U.S. feedlots than anticipated compared with the same period a year ago, said analysts after Friday’s U.S. Department of […] Read more
U.S. beef packer margins soar as cattle prices fall
Chicago | Reuters — U.S. beef packers including Tyson Foods and Cargill are racking up historically high margins, thanks to slumping cattle prices amid a supply glut and as Americans […] Read more
U.S. meat groups fear for market growth with China beef tariff hike
Chicago | Reuters — China’s proposal on Wednesday for tariffs on U.S. beef confirmed the worst-case scenario for the U.S. cattle industry, trade groups said Wednesday, even as they remained […] Read more
U.S. March hog herd hits record high
Chicago | Reuters — The number of hogs on U.S. farms in the December-February quarter was up 3.1 per cent from the same period a year ago, a record high […] Read more
U.S. cattle placements hit 16-year high for February
Chicago | Reuters — Ranchers drove 7.3 per cent more cattle into U.S. feedlots in February than a year ago, the U.S. Department of Agriculture reported on Friday, the most […] Read more
U.S. livestock: Funds, weather extend CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday finished higher for the second day in a row, with help from fund buying and another wintry blast […] Read more
U.S. livestock: CME live cattle limit up on fund buying
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday touched a three-month top, spurred by short-covering and fund buying, said traders. April closed up its three-cent-per-pound daily […] Read more
Drought lands more cattle into U.S. feedlots than expected
Chicago | Reuters — Ranchers sent nearly one per cent more cattle to U.S. feedlots in December than the same time a year earlier, the U.S. Department of Agriculture reported […] Read more
U.S. livestock: Beef quotes send CME live cattle higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained after triggering buy stops, spurred by the morning’s wholesale beef price rebound, traders said. Firmer wholesale beef […] Read more
Cyber-Savvy Farmer
