Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures dropped to a four-month low on Tuesday and live cattle futures eased as Wall Street tumbled, traders said. A surge in prices for grains used for livestock feed added pressure on feeder cattle, traders said. Corn and wheat futures each rose by their daily trading
U.S. livestock: CME feeder cattle hit four-month low
Live cattle weaken; lean hogs higher
U.S. livestock: CME live cattle fall, feeder cattle lowest since November
April, June hogs down on day
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures fell to their lowest level in more than a month on Monday as beef prices weakened and some traders reduced risk amid uncertainty over Russia’s invasion of Ukraine, analysts said. Feeder cattle futures fell to their lowest price since November and lean hogs also slumped.
U.S. grains: Corn limit up on Russia-Ukraine supply fears
Egypt cancels wheat tender amid market turbulence
Chicago | Reuters — Chicago Board of Trade corn futures jumped by their daily limit on Monday, while wheat futures spiked after hitting 13-1/2-year highs on Friday on concerns that Russia’s attack against Ukraine will continue to disrupt grain shipments from the Black Sea region. Soy futures also rallied as the conflict limited vegetable oil
U.S. livestock: CME cattle down on lower cash prices
Chicago lean hogs extend decline
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped on Friday as cash market prices this week were lower than anticipated, while lean hog futures dropped for a third straight session. Weakening wholesale beef prices added pressure to live cattle, along with adequate supplies of animals available to packers through the summer. The
Tyson Foods lifts mask mandate for some workers, but not at meat plants
Reuters – Tyson Foods lifted a mask mandate for fully vaccinated employees at some U.S. facilities on Feb. 15, but those at meat-packing plants must continue wearing masks for now. The meat processor joins major employers like Amazon.com and Walmart in relaxing mask requirements. Tyson said its policy applies to employees at facilities not inspected
U.S. livestock: CME cattle, hogs sink on profit-taking
March feeder cattle drop as grains surge
Chicago | Reuters — Chicago Mercantile Exchange livestock futures tumbled on Thursday as profit-taking and long liquidation pressured prices following recent gains, analysts said. Lean hog futures pulled back from contract highs reached on Wednesday as traders monitored swings in the stock market after Russia invaded Ukraine. CME April hog futures sank 2.5 cents to
Lethal bird flu hits Delaware poultry farm
Reuters – A commercial poultry farm in Delaware with 1.2 million birds has been hit by a highly lethal form of bird flu, the state said Feb. 23, significantly expanding an outbreak that has killed U.S. chickens and turkeys. The outbreak brings the total number of commercial U.S. poultry birds affected by the disease to
U.S. pork producer to resume shipments to California
Reuters – Seaboard Foods, the second-biggest U.S. pig producer, said on February 8 it is preparing to resume shipments of fresh pork to California customers after a state court delayed enforcement of a new law aimed at ensuring more humane treatment of farm animals. Supporters of the California law concerning farm animal confinement, or Proposition
U.S. grains: Soy rises on South American crop woes
Wheat, corn futures rally
Chicago | Reuters — Chicago Board of Trade soybean futures rose on Friday on diminishing harvest estimates in South America, though trading remained volatile a day after prices reached a nine-month high, analysts said. Corn and wheat futures jumped on increased concerns that Russia may invade Ukraine and disrupt grain shipments from the Black Sea
U.S. livestock: CME live cattle retreat on profit-taking
Hog futures lower despite rising cutout
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Friday as the market retreated from contract highs hit this week. Profit-taking weighed on futures prices, though the market remains supported by strong demand for cattle from meatpackers, traders said. Packers such as Tyson Foods and JBS slaughtered an estimated 120,000 cattle on