Chicago Mercantile Exchange cattle futures made gains today as trends indicate that while contracts have backed away from record highs, market fundamentals remain solid.
Both live and feeder cattle futures made healthy gains to start the trading week at the Chicago Mercantile Exchange, and boxed beef continued to climb on strong consumer demand.
The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday.
Securing access for Russia's winter wheat and barley to the Chinese market remains a priority for the coming year, Russia's agricultural watchdog said on Tuesday, even though the market expects Russia's grain harvest and exports to fall.
The federal government says it will defend Canada's dairy sector after New Zealand escalated a long-running trade dispute over Canadian dairy market access.
Human diabetes drug metformin, which is also used to treat hormonal disorder PCOS in women, can improve the metabolic health of broiler breeder chickens and allow them to lay fertile eggs later in life.