CME February 2019 live cattle with 20-day moving average. (Barchart)

U.S. livestock: Nearby live cattle rise on firm cash prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Friday, with firm cash cattle markets supporting actively traded nearby months. Forecasts for possible winter weather in the U.S. Plains next week, which could slow down weight gains and cattle marketings, added further support. Feedlot cattle in Nebraska traded at mostly $119/cwt […] Read more

CME January 2019 feeder cattle with 20-day moving average. (Barchart)

U.S. livestock: February hogs down, cattle up ahead of USDA data

Chicago | Reuters — Chicago Mercantile Exchange cattle futures edged higher while hog futures eased slightly on Thursday as traders awaited the release of two key U.S. government reports. The U.S. Agriculture Department reports, released after the market closed, showed that the U.S. hog herd was slightly lower than analysts were expecting, at 102 per […] Read more





Valero Energy’s ethanol plant at Aurora, S.D., about 90 km north of Sioux Falls. (Valero.com)

U.S. ethanol producers seek reforms as markets plunge, ADM sells

New York/Chicago | Reuters — U.S. ethanol producers stung by collapsing prices are seeking changes to the way benchmark values for the biofuel are established, arguing the current system used by exchanges is vulnerable to manipulation, according to sources. The push comes as the key farm belt industry struggles with weak demand growth, a loss […] Read more



CME February 2019 live cattle with 20-day moving average. (Barchart)

U.S. livestock: Cattle hit six-week high on technical buying

Chicago | Reuters — U.S. live cattle futures rose sharply for the second straight session on Wednesday, reaching a six-week high, on technical buying and expectations that beef packers would pay higher prices for cattle this week, traders said. Cattle futures had declined earlier on Tuesday before turning higher and then surpassing the previous session’s […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle climb on technical buying, demand optimism

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week. […] Read more