Chicago Mercantile Exchange live cattle futures plunged on Friday to the lowest point since mid-January as concerns about beef demand amid reports of avian influenza in cattle sparked fund long liquidation ahead of the weekend.
Tag Archives futures — page 30
U.S. livestock: Cattle tumble ahead of weekend on bird flu fears
U.S. grains: Wheat rallies on Black Sea tensions, weather worries
U.S. wheat futures spiked to a one-month high on Friday as the market was unsettled by spring weather risks in the northern hemisphere and renewed tensions in the Black Sea.
U.S. livestock: Live cattle end firm as bird flu selloff seen overdone
Chicago Mercantile Exchange live cattle futures firmed on Thursday in a bargain-buying rebound from the prior session's two-month lows, as some investors deemed the recent drop in prices to be overdone.
U.S. grains: Soybeans sink on weak US export sales, lower soyoil prices
Soybeans dropped on Thursday following lower-than-expected weekly export sales data from the U.S. Department of Agriculture (USDA), seasonally rising supplies from the South American harvest and falling soyoil prices.
U.S. grains: Cattle end lower on beef demand concerns, hogs higher
Chicago Mercantile Exchange live cattle futures fell to a fresh two-month low on Wednesday on technical selling and fund liquidation, as investors gauged whether beef demand would suffer amid recent news of avian influenza in dairy cattle.
U.S. grains: Technical buying lifts grains, soy as US Midwest planting season nears
U.S. corn futures rose on Wednesday on technical buying and short covering that lifted prices from Tuesday's one-month lows as traders assessed Midwestern weather conditions before the spring planting season.
U.S. livestock: Cattle claw back some losses after bird flu selloff
Chicago Mercantile Exchange cattle futures rebounded on Tuesday as traders reassessed the market after worries about cattle infected with avian influenza had triggered a sharp selloff a day earlier.
U.S. grains: Corn down as Midwest outlook seen boosting spring planting
U.S. corn futures dropped on Tuesday on forecasts for good spring planting weather, easing concerns about a lower-than-expected acreage outlook from the U.S. Department of Agriculture (USDA) last week.
Klassen: Feeder market resumes the climb
For the week ending March 30, Western Canadian feeder cattle markets traded $4 to $6 higher on average. Fleshier backgrounded yearlings were relatively unchanged. Buyers were fairly cautious on backgrounded heifers with some packages actually softer than seven days earlier. Larger strings of quality genetic, low flesh steers were up $6 to as much as $10 in some cases. Weaned, premium, calves were up a solid $5 to $6 on average.
U.S. grains: Corn sinks on big supplies; wheat down on good winter crop outlook
U.S. grain futures fell on Monday as pressure from ample supplies partly unraveled steep gains late last week following a U.S. Department of Agriculture report that projected lower-than-expected U.S. corn plantings.
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