Chicago Mercantile Exchange live and feeder cattle futures rose on Wednesday as a strong cash market and a screwworm outbreak in Mexican cattle added support to futures, analysts said.
Cow-calf
U.S. grains: Cattle futures up on strong demand, Mexico border closure
U.S. livestock: Cattle futures gain on shutdown of Mexican cattle exports
Chicago Mercantile Exchange live and feeder cattle futures were steady to higher on Tuesday owing to strong beef demand and the detection of screwworm in a cow in southern Mexico, which has temporarily shut down exports of Mexican cattle to the U.S.
Klassen: Upward momentum continues for feeder cattle prices
For the week ending November 23, Western Canadian feeder cattle markets traded $3 to $6 higher with some quality heifer packages up as much as $10 compared to seven days earlier.
U.S. livestock: Feeder cattle futures spike on news of screwworm outbreak in Mexican cattle
Chicago Mercantile Exchange feeder cattle futures shot to their highest point since July on Monday as a screwworm outbreak in Mexican cattle shut down feeder cattle exports from Mexico to the U.S. and propelled futures higher, analysts said.
U.S. livestock: Live cattle fall, feeder cattle rise ahead of USDA report
Chicago Mercantile Exchange live cattle futures fell for a second day on Thursday after reaching three-week highs earlier in the week, as traders awaited the results of the U.S. Department of Agriculture's next Cattle on Feed report, due on Friday.
Klassen: Feeder market climbs another step
For the week ending November 16, Western Canadian calves over 650 pounds were up $3-$6/cwt compared to seven days earlier. Calves under 650 pounds traded $4/cwt to as much as $10/cwt higher.
Canadian red meat groups to open advocacy office in Beijing
The Canadian red meat sector will open an advocacy office in Beijing to grow and protect its Chinese market industry groups announced today.
U.S. livestock: Lean hogs fall on technical selling
Chicago Mercantile Exchange lean hog futures dipped Friday on technical selling and a lower pork cutout, while feeder cattle turned higher on strength in the cash market, traders said.
McDonald’s to pay U.S. farmers for feed efficient Enogen corn use
The company is partnering with Syngenta to pay some farmers who use corn with the trait
A partnership between McDonald’s and Syngenta in the United States will pay beef producers to use Enogen corn, which will improve the feed efficiency of cattle and reduce greenhouse gas emissions.
U.S. livestock: Lean hogs dip on profit-taking, wholesale meat prices
Chicago Mercantile Exchange lean hog futures fell on Thursday on profit-taking following recent gains, according to analysts, while declining wholesale meat prices pressured both cattle and hogs.