Chicago Mercantile Exchange lean hog futures lost ground on Wednesday on weakness in the pork cutout, according to analysts, while cattle futures also retreated on falling wholesale prices.
Beef cattle
U.S. livestock: Lean hogs weaken on wholesale pork prices, Goldman roll
U.S. livestock: Live cattle recovers on technical trading
Chicago Mercantile Exchange live cattle futures gained strength on Tuesday on technical trading, analysts said, while lean hog futures rose for a second day as traders anticipated growing export demand.
Return of US drought delays cattle-herd rebuilding, hurting Tyson Foods
The return of drought in U.S. cattle-producing areas is delaying ranchers' plans to expand production after the nation's herd shrank to its smallest level in seven decades, farmers and analysts said.
Klassen: Strong demand continues to sustain feeder market
The weaker Canadian dollar has enhanced the feeding margin structure on incoming replacement calves and this translated into stronger values on premium genetic packages. Finishing feedlot operators in Alberta and Ontario were fairly aggressive in Manitoba and Saskatchewan markets.
Fall run at Manitoba’s cattle auctions going strong
Prices remain very strong, pulling animals into markets
As the fall run continues at Manitoba’s cattle auctions, numbers led the Killarney Auction Mart to add an extra sale, said Killarney’s Allan Munroe. In addition to the auction’s regular weekly sale on Nov. 4, there was a special cow and butcher bull sale Nov. 7 with expectations of 300 head.
Crown land rent freeze extended
Manitoba Beef Producers welcome what they say is an interim fix for high Crown land rent, but cite need for long-term solution
A freeze on Crown land rental rates, due to expire at the end of this year, will extend to cover 2025, Manitoba government says.
World food prices reach 18-month high in October, UN says
World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed on Friday.
U.S. livestock: Cattle edge higher as Wall Street extends gains
Chicago Mercantile Exchange cattle futures firmed slightly on Thursday as stocks hit record highs on Wall Street for a second day, providing borrowed strength to the livestock markets, analysts said.
Argentine beef exports hit highest level in more than five decades
Argentina's beef exports during the first nine months of this year rose to their highest level in 57 years, as shipments of one of the South American country's best-known food staples grew among buyers in the United States and neighboring Chile.
Beef-on-dairy lifts beef sector
Dairy producers are using beef genetics to capture more value for their animals, and beef experts say it benefits both sectors
Dairy producers are using beef genetics to capture more value for their animals. Beef experts say it benefits both sectors.