U.S. live cattle futures rallied on Monday, lifted by strong wholesale beef demand and last week’s price hike for cash cattle, analysts and traders said. Chicago Mercantile Exchange (CME) hogs […] Read more
U.S. live cattle rally on beef demand; feeders soar
U.S. sow slaughter hits eight-month high amid drought
The number of sows slaughtered last week rose to the highest level in eight months, U.S. government data showed on Thursday, underscoring farmers’ rush to liquidate their herds due to […] Read more
U.S. June cattle placements slip as corn prices rise
Fewer young cattle moved into U.S. feedlots for fattening last month as high feed grain prices likely discouraged producers from wanting to feed them, the U.S. Department of Agriculture and […] Read more
U.S. cattle herd at 60-year low
The U.S. cattle herd has shrunk for the fifth straight year to a 60-year low, a government report showed on Friday, as a devastating drought and record high feed costs […] Read more
Bull run in U.S. cattle may lose steam, for now
Texas rancher Jim Selman is on the verge of going out of the cattle business, a victim of one of the worst droughts since the Dust Bowl in the 1930s. […] Read more
Cattle placement in U.S. feedlots takes surprise jump
The number of cattle placed in U.S. feedlots rose in November, according to the U.S. Agriculture Department, surprising analysts, who attributed the increase to record-high cattle prices and a seven […] Read more
U.S. beef packer losses seen reaching record levels
U.S. beef packers are making record losses as the price they pay for cattle is outstripping what they earn on beef, private data showed Dec. 9. Analysts said the losses […] Read more
U.S. cattle supply up, but no beef bargains seen
The number of cattle placed in U.S. feedlots rose unexpectedly last month, government data showed Friday, which analysts said set the stage for a larger-than-expected beef supply this winter. Placements, […] Read more