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Beef cattle

Beef cattle, Livestock, Markets

U.S. sets new ground beef procedures to stop E. coli outbreaks

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Washington | Reuters — The U.S. Department of Agriculture on Wednesday announced new procedures for detecting and removing unsafe ground beef from grocery stores and suppliers, as part of efforts to prevent potentially deadly illnesses caused by contaminated meat. The move “will allow the agency to trace contaminated ground beef back to its source more
(CMEGroup.com)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle fall sharply with initial cash prices

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished down sharply on Tuesday, pressured by preliminary sales of slaughter-ready or cash cattle at lower prices, traders said. August ended down the three-cents-per-pound daily price limit at 149.625 cents (all figures US$). October finished 2.775 cents lower, at 147.675 cents. On Tuesday morning, a
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle turn higher on short-covering

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Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures on Monday closed higher on short-covering after last week’s heavy losses, traders said. August ended up 0.075 cent per pound at 152.625 cents, October 0.45 higher at 150.45 and December one cent higher at 151.25 cents (all figures US$). Futures made headway after settling
(CMEGroup.com)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME live cattle, hogs end firm after choppy session

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday closed firm, supported by their discounts to last week’s prices for market-ready or cash cattle, traders said. CME hogs also posted gains, helped by short-covering after brushing aside lower cash and wholesale prices, they said. The live cattle market chopped around throughout the
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME hogs fall on worries of supply increase ahead

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Chicago | Reuters — Chicago Mercantile Exchange hog futures ended lower on Tuesday, weighed down by concerns that unseasonably cool midsummer weather will persist into the fall and boost supply by putting weight on hogs quicker, traders and analysts said. Hog weights have declined modestly so far this summer, but remain well above last year’s

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