Chicago Mercantile Exchange live cattle futures rose on Monday, bolstered by a bump in wholesale cutout values and signs of ongoing consumer demand, according to analysts.
There has been an enormous amount of misinformation about the safety of 3-NOP, with some labelling milk from herds fed the additive as "Frankenmilk." Others have been concerned it could make its way to humans via beef. The bottom line is that 3-NOP is safe. Let's unpack some of the major misunderstandings.
Chicago Mercantile Exchange live cattle futures traded on both sides of unchanged on Friday and finished the day mixed, underpinned by firm cash cattle prices but anchored by technical selling and seasonal pressure, analysts said.
South America's agricultural sector, a key source of global food, celebrated on Friday as the regional Mercosur bloc and the European Union struck a free trade agreement, though farmers said they wanted to see the small print of the deal.
Five Ontario companies are among 13 semi-finalists selected in the federal government's Agricultural Methane Reduction Challenge, which is seeking innovative ways to reduce methane emissions from dairy and beef cattle.
Chicago Mercantile Exchange live and feeder cattle futures fell for a second consecutive day on Thursday, pressured by technical selling and profit taking following recent highs, and as wholesale beef prices fell, analysts said.
Chicago Mercantile Exchange live and feeder cattle futures dropped on Wednesday in a technical and profit-taking retreat following recent strong gains and as beef packer margins fell deeper in the red, analysts said.
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday […] Read more
For the week ending November 29, feeder cattle market reports from Manitoba had prices up $20-$40/cwt from week-ago levels. Prices in Saskatchewan and Alberta were up $10 to $20 on average. The market was hard to define this past week with a wide range prices across Western Canada for similar quality and weight cattle.