Chicago | Reuters — Live cattle futures exceeded a three-week high at the Chicago Mercantile Exchange on Monday on worries about tightening U.S. supplies, while feeder cattle futures set a two-month high. Traders focused on a monthly U.S. Department of Agriculture report, issued after the market closed on Friday, that showed cattle placements into feedlots […] Read more
Tag Archives Cattle — page 53
U.S. livestock: CME live cattle top three-week high on supply worries
Lean hog futures up with slaughter pace
Beef roundtable eyes improvements
Canadian Roundtable for Sustainable Beef asking for input from producers, processors until Dec. 2
Glacier FarmMedia – The Canadian Roundtable for Sustainable Beef has launched online public consultations on proposed changes to its sustainability standards. This follows consultation with stakeholders, as the CRSB ends its first five years of operation. Kristine Tapley, chair of the CRSB’s certified sustainable beef framework committee, said every indicator in the standards for both beef production […] Read more
U.S. livestock: CME live cattle up on firm cash, speculative buying
February lean hogs end lower
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) hit the highest in nearly three weeks on Friday, supported by firm cash cattle markets and what appeared to be speculative buying, analysts said. Most-active CME February live cattle futures settled up 0.45 cent at 155.85 cents/lb. after reaching 156.125 cents, the […] Read more
U.S. livestock: CME live cattle up ahead of monthly USDA report
Lean hogs mostly up in technical trading
Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday for a third straight session on steady to firmer cash cattle markets and position-squaring a day ahead of a monthly U.S. government feedlot report, analysts said. Most-active CME February live cattle futures settled up 1.15 cents at 155.4 […] Read more
U.S. livestock: CME live cattle, lean hog futures end higher
Grain values' slip spurs buying
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) ended higher on Wednesday as expectations of tightening cattle supplies and a setback in grain prices sparked a round of buying, traders said. The most-active CME live cattle futures, for February delivery, settled up 1.2 cents at 154.25 cents/lb., a day after […] Read more
At least 12 killed in Nigeria attack over farmland
Gunmen appear in village in north
Abuja | Reuters — Gunmen have killed at least 12 people in an attack on a village in the northern Nigerian state of Plateau, residents and the state governor said on Wednesday, the latest deadly incident fuelled by growing pressure on land resources in the country. Violence between farmers and pastoralists has become increasingly common […] Read more
U.S. livestock: CME feeder cattle near one-month low as corn jumps
Hogs up on China demand optimism
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures neared a one-month low on Tuesday as rising grain prices signaled risks for increased costs for livestock feed, brokers said. Unconfirmed reports that Russian missiles crossed into NATO member Poland fueled gains in corn, wheat and soy futures as traders worried about escalating geopolitical tensions. […] Read more
U.S. livestock: CME live cattle end mostly lower
December, February hog futures up
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed mostly lower on Monday on technical selling and worries about consumer demand for high-priced cuts of beef, traders said. Most-active CME February live cattle futures settled down 0.7 cent at 152.55 cents/lb. (all figures US$). Deferred contracts also ended lower, but the spot […] Read more
U.S. livestock: CME futures fall on grain rally
Beef cutout price drops
Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures slid on Friday as grain futures rallied, underpinned by strong commodities and equities markets, brokers said. The downward trend started when live cattle markets took a hit earlier in the day, when the feeder cattle traders began selling off their positions as corn futures firmed […] Read more
U.S. livestock: CME cattle firm as grain markets pressured
Hogs under seasonal price pressure
Chicago | Reuters — Live cattle futures firmed at the Chicago Mercantile Exchange (CME) on Thursday, as grain markets came under pressure from investor profit-taking even as the U.S. dollar tumbled on news U.S consumer prices rose less than expected in October, brokers said. December live cattle settled 1.5 cents higher at 153.075 cents/lb. February […] Read more
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