(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle rise in rebound on technical buying, cash trades

Chicago | Reuters — U.S. live cattle futures gained more than one per cent on Thursday, rebounding from a two-month low on chart-based technical buying and slightly firmer trades in cash cattle markets, traders said. Most-active CME August live cattle knocked out Wednesday’s session low early in Thursday’s session but found downside support near its […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle slump to two-month low

Chicago | Reuters — U.S. live cattle futures extended losses to a more than two-month low on Wednesday as investors liquidated long positions amid declining wholesale beef prices and expectations for weaker cash cattle markets, traders and analysts said. Higher corn futures also boosted feed costs for fattening cattle, weighing on feeder cattle futures, while […] Read more


Japan’s Imperial Palace and Nijubashi Bridge, in Tokyo. (CIA.gov)

EU, Japan officials seal trade agreement

Brussels | Reuters — Japan and the European Union should agree on Thursday to a free trade pact that could be completed within months, after senior officials removed final snags to a political deal intended as a signal to U.S. President Donald Trump. “We ironed out the few remaining differences,” European Trade Commissioner Cecilia Malmstrom […] Read more







(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle up on bargain buying after selloff

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher on Wednesday after bargain buying and short-covering offset early-session selling following Tuesday’s heavy losses, said traders. They said discounts in deferred months to this week’s expected cash prices contributed to market advances. June, which will expire on Friday, closed 0.65 cent/lb. higher at […] Read more