Photo: Geralyn Wichers

U.S. livestock: Cattle choppy amid weak cash market, tight supply

Chicago | Reuters – Chicago Mercantile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be closed to cattle imports for the foreseeable future as the flesh-eating screwworm parasite spreads. […] Read more









Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Soybean futures edge up as Argentina ends export tax waiver

Chicago | Reuters – Chicago Board of Trade soybean futures ended slightly higher on Thursday as Argentina reinstated export taxes on grains after a suspension increased competition for sales on the global market. Corn futures also crawled higher as traders monitored reports from early U.S. harvesting, while wheat futures jumped in a recovery from contract […] Read more



Photo: Geralyn Wichers

U.S. livestock: Live cattle drop as beef prices, packer margins erode

Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on Wednesday on long liquidation by funds and as sinking beef prices and eroding packer margins weighed on the market. Feeder cattle futures also retreated in a technical correction after four consecutive sessions of gains that were fueled by concerns over tightening U.S. supplies. “We […] Read more