Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose about one per cent on Wednesday, rebounding from declines in the previous session on the back of higher cash cattle trades in the southern U.S. Plains, traders and analysts said. Beef packers paid higher values for cattle to take advantage of big profit margins
U.S. livestock: Cattle jump on gains in cash prices, wholesale beef
U.S. livestock: Cattle decline on profit-taking
Chicago | Reuters — U.S. cattle futures declined on Tuesday, with live cattle easing one per cent as traders locked in profits following recent steep gains and amid uncertainty over how cash markets would develop this week, traders and analysts said. Lean hog futures climbed to a three-week high at the Chicago Mercantile Exchange, boosted
U.S. livestock: Cattle gain on higher beef prices, lower corn
Chicago | Reuters — U.S. cattle futures rose about one per cent on Friday, with feeder cattle extending gains to the third straight session as wholesale beef prices rose and corn prices fell. Higher prices for meat and lower prices for animal feed boost profits in the cattle sector. Greening pastures also increased demand for
Oklahoma wildfires kill thousands of pigs
Reuters — Wildfires devastated a Smithfield Foods hog farm in Laverne, Oklahoma, killing at least several thousand pigs, company and local officials said Friday. The exact number of swine killed in the Oklahoma fire, which began on Monday, was not immediately known. Smithfield did not say how many died in the blaze, but said no
U.S. livestock: Feeder cattle up one per cent
Chicago | Reuters — U.S. feeder cattle futures gained one per cent and live cattle futures were narrowly higher on Thursday amid rising demand for animals, especially for grazing, traders and analysts said. Greening pastures in the Plains region boosted demand for lighter-weight cattle to feed on grass, with beef packers aggressively buying slaughter-weight cattle
Barge glut chokes U.S. shipping sector despite record harvest
Chicago | Reuters — A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans, leaving U.S. barge companies that haul grain, coal and other bulk goods counting their losses. Even with record-large exports of corn and soybeans, typically a boon for shippers that haul grain to Gulf Coast
U.S. livestock: Profit-taking pressures cattle futures, boosts hogs
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly lower on Friday while lean hog futures gained sharply as investors took profits in each livestock contract, traders and analysts said. Cattle fell after Thursday’s nearly four-week high and hogs rebounded from a roughly two-month low. “It’s just an end-of-the-week rally,” Rosenthal Collins
U.S. livestock: Hogs extend losses on cash expectations
Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Thursday, extending losses to their third straight session, on pressure from expectations for declines in Midwest cash hog markets, traders and analysts said. Lower wholesale pork prices this week, especially pork belly cuts, also weighed on futures and squeezed packer
U.S. livestock: Hogs tumble on pork price declines
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell 3.8 per cent for their biggest daily loss in about a month on Wednesday, pulled down by investment fund selling tied to lower cash hog and wholesale pork prices, traders said. Live cattle futures rose, extending gains to the fourth straight session on support
U.S. livestock: Cattle hit four-week high on beef gains
Chicago | Reuters — U.S. live cattle futures jumped one per cent to the highest prices in about four weeks on Tuesday, boosted by technical buying and gains in wholesale beef prices, traders said. Feeder cattle futures followed live cattle higher at the Chicago Mercantile Exchange, while lean hogs were narrowly lower in light technical
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