The number of cattle placed in U.S. feedlots in December fell for a seventh straight month, a government report showed on Friday, in a sign of high feed costs continuing […] Read more
U.S. cattle placements fall seventh straight month
U.S. live cattle futures rise ahead of USDA report
Chicago Mercantile Exchange (CME) live cattle futures closed higher on Friday aided by Thursday’s stronger-than-expected cash prices, signalling tighter cattle supplies ahead, traders and analysts said. Cattle in the Nebraska […] Read more
Strong cash prices lift U.S. hog futures
Chicago Mercantile Exchange hog futures climbed Thursday on higher prices for hogs in the cash market, traders and analysts said. They also cited fund buying after the February contract broke […] Read more
U.S. live cattle futures end mixed after wild ride
U.S. live cattle futures settled narrowly mixed on Wednesday, pressured by news that Russia may block some North American meat imports, but prices drew support from a tighter cattle supply […] Read more
Japan beef news rallies U.S. live cattle futures
U.S. live cattle futures rallied on Tuesday, helped by news that Japan could ease U.S. beef import restrictions soon, triggering short-covering, traders and analysts said. Japan could relax its BSE-related […] Read more
Cargill news drops U.S. live cattle to multi-month lows
U.S. live cattle futures sank to multi-month lows on Friday as investors continued to digest Thursday’s news that Cargill plans to close a Texas beef packing plant on Feb. 1, […] Read more
U.S. live cattle futures slump on Cargill news
Chicago Mercantile Exchange (CME) live cattle futures fell hard Thursday on news that Cargill plans to close its beef packing plant in Plainview, Texas, on Feb. 1 due to tight […] Read more
Cargill to shut Tex. beef plant as U.S. herd shrinks
Agrifood giant Cargill, one of the United States’ largest beef processors, said Thursday it will close its Plainview, Tex. beef plant on Feb. 1 in reaction to the smallest U.S. […] Read more
U.S. live cattle futures sink to two-month low
Chicago Mercantile Exchange (CME) live cattle futures sank on Wednesday to their lowest level in two months as prices for cattle in the cash market moved lower, analysts and traders […] Read more
U.S. feeder cattle extend losses as corn climbs
Chicago Mercantile Exchange (CME) feeder cattle on Monday fell for a sixth straight day, pressured by corn prices which have risen in the last seven trading sessions, analysts and traders […] Read more