A view of the straight of Hormuz and Persian Gulf region.  Photo: Getty Images Plus

Crude price may have topped says analyst

Any chance of crude oil prices skyrocketing higher became less likely on March 9, said Phil Flynn, senior market analyst at the Price Futures Group in Chicago. Flynn based that on the assumption that Iran’s military capabilities are declining quickly.




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U.S. livestock: Closing higher after Trump announces tariff pause

But boosts duties on China to 125 per cent

Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken […] Read more


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U.S. livestock: Prices mixed amid upticks in futures and equities

Boxed beef prices either side of steady as well.

Live and fed cattle futures on the Chicago Mercantile Exchange were largely mixed on Tuesday, not quite able to fully join the upswing in the futures and equities markets. United States President Donald Trump is determined to add another 50 points to its tariffs on the country’s imports from China. Together with previous and current […] Read more