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.
Pigs
U.S. livestock: Cattle futures recoil from highs as packer losses deepen
Agriculture groups praise CEPA trade deal with Indonesia
The Canadian Meat Council says a new trade agreement between Canada and Indonesia holds significant potential for meat exporters.
U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets
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
U.S. livestock: Feeder cattle drop on profit taking after 10-session rally
Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures retreated in a profit-taking setback on Monday after a ten-session rally that took prices to five-month peaks, while live cattle futures followed feeders lower. Monday’s cattle declines came after managed funds had bolstered their long holdings in both markets over recent weeks, encouraged by tight […] Read more
U.S. livestock: Feeder cattle hit highest levels since July
Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.
U.S. grains: Cattle futures up on strong demand, Mexico border closure
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.
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.
Canada-U.S. relationship can weather trade disruptions, MacAulay says of Trump tariff threat
A 25 per cent tariff on Canadian goods could have serious consequences for sectors like beef and pork, but the federal minister of agriculture expressed confidence that the cross-border trade relationship can once again weather the storm.
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: CME cattle futures rise on cash trade, positioning ahead of USDA report
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday as cash market trading gathered steam at firm prices, according to analysts, and traders awaited the results of the U.S. Department of Agriculture’s Cattle on Feed report, which the agency released after the close. Feeder cattle gained for a sixth straight session and […] Read more
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