Chicago Mercantile Exchange live cattle turned higher on Thursday, as traders adjusted their positions ahead of the Memorial Day holiday weekend and wholesale prices continued to rise on consumer beef demand, market analysts said.
Reuters
U.S. livestock: Cattle futures climb ahead of Memorial Day holiday weekend
EU lawmakers back huge tariffs for Russia, Belarus fertilizer
The European Parliament voted on Thursday to impose prohibitive tariffs on fertilizers and certain farm produce from Russia and its ally Belarus to prevent a potential threat to EU food security and limit Russian funds for its war against Ukraine.
Pigs can’t fly: U.S. high-end livestock breeders lose millions in China tariff fallout
China has been a key importer of American hog and dairy cattle genetics, but shipments have stalled
China is one of the biggest importers of American breeding pigs and other livestock genetic material such as cattle semen. These lucrative niche export markets had been growing, but dried up since U.S. President Donald Trump started a trade war with Beijing.
IGC raises 2025/26 world corn crop forecast
The International Grains Council (IGC) on Thursday raised its forecast for 2025/26 global corn production, driven partly by a slight upward revision in the outlook for Brazil's crop.
Brazil hopes to be officially free of bird flu in 28 days
Brazil began a 28-day bird flu observation period on Thursday which it hopes will show the country's chicken farms are free of the disease after local authorities said a farm where its first outbreak was detected had been fully disinfected.
U.S. livestock: Live cattle futures climb as wholesale US beef prices firm
Chicago Mercantile Exchange live cattle firmed on Wednesday as wholesale prices continued to rise and consumer demand for beef has stayed strong amid the U.S. grilling season, market analysts said.
U.S. grains: Chicago wheat futures prices surge amid weaker dollar, short-covering
Chicago wheat futures extended gains on Wednesday, at one point rising to a one-month high, amid support by a weaker dollar and short-covering encouraged by production concerns, market analysts said.
World hunger levels rise for sixth consecutive year: report
“This is not the time for us to turn our backs” says Canadian Foodgrains Bank
Acute food insecurity and child malnutrition rose for a sixth consecutive year in 2024, affecting more than 295 million people across 53 countries and territories, according to a U.N. report released on Friday.
Brazil chicken exporters brace for cargo rejections amid bird flu outbreak
Countries, including China, will not accept chicken consignments in transit from Brazil following confirmation of the country's first bird flu outbreak, Brazilian meat lobby ABPA, which represents large food processors, said on Tuesday.
U.S. grains: Wheat extends rally on crop rating drop, Chinese heat wave concerns
Chicago Board of Trade wheat futures surged to a two-week high on Tuesday, as a weaker dollar and an unexpected decline in U.S. crop ratings encouraged more short-covering after prices hit a five-year low last week.
Canadian Cattlemen Presents: Depth of Field
