Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Monday as traders took positions ahead of a U.S. government report later this week that was expected to show burgeoning supplies. “There is a little bit of concern about excess supplies and large finishing weights,” said Rich Nelson, chief strategist with Allendale Inc. Hog […] Read more
U.S. livestock: CME cattle fall, hogs firm
Supply level cause for 'a little bit of concern'
U.S. livestock: CME feeder cattle rise as feed prices slip
June live cattle, April hogs lower
Chicago | Reuters — Chicago Mercantile Exchange live cattle fell on Wednesday on technical liquidation, as livestock markets continue to wrestle with questions about consumer demand as food prices surge, traders said. Feeder cattle futures firmed on the day as feed prices fell, traders said. “Today’s live cattle futures trade has been choppy to weaker, […] Read more
U.S. livestock: CME cattle up amid weak broader markets
Nearby hog futures see muted gains
Chicago | Reuters — Chicago Mercantile Exchange cattle futures climbed on Tuesday as investors looked for safety amid weaker broader markets. “With oil prices giving up gains the last couple days, the reverse happened in cattle,” said Altin Kalo, Economist at Steiner Consulting Group. CME’s most-active June live cattle added 1.1 cents to 136.8 cents/lb., […] Read more
U.S. livestock: CME cattle, hogs firm amid market uncertainty
Chicago | Reuters — Chicago Mercantile Exchange cattle futures climbed on Monday as traders attempted to make sense of changing trade restrictions and allowances. “The market’s trying to sort out all these trade protection measures,” said Alan Brugler, president of Brugler Marketing. “Everybody seems to want imports, and nobody wants to export anything.” CME April […] Read more
Canada allows Brazilian beef and pork, Brazil ag minister says
Updated, March 15 — Reuters — Canada has approved the importation of beef and pork from Brazil, which had been blocked over health concerns, authorities from both countries said on Monday. “We are in Ottawa and have just left the Canadian Ministry of Agriculture with … great news: the opening up of the country’s pork […] Read more
Ukraine to start spring seeding in coming days, officials say
Lviv | Reuters — Ukraine plans to start sowing spring grains in the coming days and has enough grain in stocks to ensure the population has enough bread, deputy agriculture minister Taras Vysotskiy said Saturday. He said the country, which consumes eight million tonnes of wheat a year, had six million tonnes in stocks. Stocks […] Read more
Traders consider exporting Ukraine grain by rail
Lviv | Reuters — Traders are trying to arrange the export of Ukrainian-origin grain by train through western Ukraine’s borders, but the export capacities are very limited, APK-Inform agriculture consultancy said Friday. Ukraine’s state-run railway operator said this week it was ready to organize agricultural exports by rail as a matter of urgency after closure […] Read more
G7 ag ministers urge end to food export curbs as prices surge
Nations warn against 'speculative behaviour'
Hamburg | Reuters — Global food exporting countries should not restrict food exports after Russia’s invasion of Ukraine cut world supplies, agriculture ministers of the G7 group of nations said on Friday. The impact on markets escalated this week as a growing list of food producing countries restricted exports, keeping vital supplies within their borders. […] Read more
U.S. livestock: CME hogs, cattle rise as grain markets stabilize
Bargain buying supports cattle
Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday, supported by technical buying, traders said. Cattle futures also were firm, bouncing back from two days of declines on some end-of-week bargain hunting. Signs of stability in the grain and soy markets after wild volatility since Russia’s invasion of Ukraine added support to […] Read more
U.S. livestock: Cattle down on cash weakness, technical selling
Chicago lean hogs mixed
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Thursday, with weakness in the cash markets pressuring futures, traders said. Some follow-through selling in cattle also was noted after sharp declines on Wednesday, Pork futures were mixed, with the most-active April contract falling after a government report showed a sharp drop in exports […] Read more
Canadian Cattlemen Presents: Depth of Field
