Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped for the fourth time in five sessions on Friday as falling cash cattle prices and ample supplies of slaughter-ready animals weighed on the market, traders said. The possibility that meat exports could slow due to trade tensions with China and uncertainty about a deal […] Read more
U.S. livestock: Live cattle drop on weak cash prices, big supplies
U.S. livestock: Live cattle rebound on technical buying, short-covering
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures bounced on Thursday on technical buying and short-covering following three days of steep declines that had sliced prices by more than five per cent, traders said. Optimism that a deal on a revamped North American Free Trade Agreement (NAFTA) could be reached by the end […] Read more
U.S. livestock: Live cattle drop on weak cash prices, big supply
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped for a third straight session on Wednesday on weakening cash cattle prices and plentiful supplies of market-ready animals, traders said. Actively traded CME August live cattle futures settled 1.35 cents lower at 99.05 cents/lb., its lowest since April 4 (all figures US$). June cattle […] Read more
U.S. livestock: Live cattle slump again on falling cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell sharply for a second straight session on Tuesday, pressured by technical selling and weakening cash cattle prices, traders said. Large numbers of slaughter-ready cattle are expected to continue flooding the market over near term and futures prices have slumped in anticipation of a cash […] Read more
China customs expanding checks on U.S. fruit imports
Beijing/Chicago | Reuters –– China’s major ports of entry have ramped up checks on fresh fruit imports from the U.S., five Chinese industry sources said, which could delay shipments from U.S. growers already dealing with higher tariffs as Sino-U.S. trade ties worsen. Fruits were among 128 U.S. goods that China slapped with more expensive import […] Read more
Trade rows spell gain, and pain, for U.S. grain exporters
Chicago | Reuters — Global grain marketers have seized upon trade tensions between the United States and several of its top export markets, including China, to turn around struggling trading units following one of the toughest years ever for the industry. After five years of bumper harvests worldwide that depressed crop prices, trading margins are […] Read more
U.S. grains: Corn, wheat climb on weather worries
Chicago | Reuters — U.S. corn futures climbed to a nine-month peak Monday on worries about U.S. Midwest planting delays as more rain is expected across the region this week and dry weather stoked concerns over South American corn production. U.S. wheat futures also rallied as dry conditions stressed winter wheat in the southern Plains […] Read more
U.S. livestock: Live cattle rally on Plains cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday as cash cattle at U.S. Plains feedlot markets traded at higher prices amid rising beef values and robust packer margins, traders said. Milder temperatures around much of the country following an unusually chilly stretch of early spring weather is lifting demand for […] Read more
U.S. livestock: Cattle advance as beef prices push higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed on Wednesday as rising beef prices bolstered beef packer margins and fueled expectations for higher cash cattle prices this week, traders said. CME April live cattle closed 0.825 cent/lb. higher at 121.925 cents, June futures were up 0.525 cent at 105.575 cents and August […] Read more
U.S. livestock: Cattle futures retreat as stock market plunges
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures settled mostly lower on Tuesday as a steep drop in the stock market dragged futures from the highest levels of the month, posted early in the session, traders said. Strong packer margins and climbing beef prices had supported early gains before outside markets undercut the […] Read more
Canadian Cattlemen Presents: Depth of Field
