Chicago Board of Trade soybean futures finished flat on Friday but notched a second consecutive weekly decline as ample global supplies, favorable U.S. weather and weak Chinese demand hung over the market.
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U.S. grains: Soy futures set April low on good US crop weather, slow China demand
Chicago Board of Trade soybean futures fell on Thursday to their lowest level since April on beneficial U.S. crop weather and poor demand from China, analysts said.
U.S. cattle ranchers slowly start to rebuild decimated herd
In major U.S. livestock regions, some ranchers have slowly begun taking the first steps to boost cattle production after the nation’s inventory shrank due to a years-long drought that dried up pasture land used for grazing and hiked feeding costs.
U.S. livestock: Cattle futures retreat from record highs
Chicago Mercantile Exchange live cattle and feeder cattle futures plunged on Thursday in a setback from record highs.
U.S. livestock: Tight cattle supply helps CME futures rebound from collapse
Chicago Mercantile Exchange live cattle and feeder cattle futures rebounded on Friday from a steep drop during the previous session.
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