Chicago Mercantile Exchange (CME) cattle futures plunged sharply on Friday, with back-month feeder cattle contracts setting new lows, as signs of a weakening U.S. economy spurred market participants to unwind long positions and seek cover, traders said.
Tag Archives Beef
U.S. livestock: Cattle futures swing wildly, fall on economy concerns
U.S. livestock: Cattle futures fall amid fund selling, lower wholesale prices
Chicago Mercantile Exchange (CME) cattle futures turned lower on Thursday, with the most-active feeder cattle contract FCU24 falling more than two per cent, amid a flurry of fund selling and signs of weakening consumer demand.
U.S. livestock: Lean hog futures higher on technical trade; cattle futures mixed
Chicago Mercantile Exchange (CME) lean hog futures firmed on technical trading and weaker wholesale prices on Wednesday, while live cattle futures ended lower on a day of choppy trade, market analysts said.
U.S. livestock: CME lean hogs turn down on seasonal dip
Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Tuesday as the cash cattle market remained strong, while lean hogs turned lower as traders anticipated slowing ham sales.
Klassen: Western Canadian yearling prices hit fresh record highs
The year-over-year decline in last year’s calf crop has caused the market to set new records. Larger finishing feedlots are setting the price structure as many of these lots have seasonal low inventory. The quality of yearlings coming off grass is excellent with buyers shopping for feed efficiencies.
U.S. livestock: Lean hog, cattle futures turn lower on demand questions
Chicago Mercantile Exchange (CME) livestock futures turned lower on Monday, as cattle futures fell on signs of profit taking, a steady cattle cash market and uncertainty about consumer demand for beef this fall, market analysts said.
Ontario beefing up support for cattle producers
A $240 million increase to the Feeder Cattle Loan Guarantee program will help strengthen Ontario’s beef sector. The increase doubles the loan program’s scope to $500 million in low-interest finance […] Read more
U.S. livestock: Feeder cattle gain strength as corn prices plunge
Chicago Mercantile Exchange (CME) cattle futures ticked up Friday on steep losses in the U.S. grains market, while lean hogs mostly firmed on short-covering, analysts said.
Brazil beef output to hit record in 2024, Conab says
Sao Paulo | Reuters – Brazil’s beef production is expected to reach a record 10.19 million metric tons in 2024, national crop agency Conab said on Thursday, a 7.1 per […] Read more
Opinion: Time to get Canada’s export markets back on pace
Canada’s out-of-date system for approving products and innovations is holding us back
One of the fastest ways to bore someone to tears is mentioning the words “regulatory competitiveness.” It is, however, a critical topic, especially when accessing world markets is being made […] Read more
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