Wholesale beef prices have jumped this week as retailers and meat processors look ahead to the Memorial Day weekend at the end of the month. The holiday is considered the start of the peak grilling season for products like steaks and hamburgers.
Tag Archives exports
U.S. livestock: Rallying beef prices push CME live cattle to seven-week high
U.S. grains: Soybeans end mixed on Brazil crop concerns, weak US demand
Chicago Board of Trade soybean futures ended mixed on Thursday as renewed worries about major flooding in southern Brazil offset data indicating lower demand for soy from U.S. processors, analysts said.
U.S. grains: CBOT soybeans slip as US crush hit 7-month low in April
Chicago Board of Trade soybean futures ticked down on Wednesday, after the National Oilseed Processors Association (NOPA) reported that U.S. crushing plunged in April to a seven-month low.
U.S. livestock: Cattle futures firm on strong demand, rising beef prices
Chicago Mercantile Exchange live cattle futures firmed for a second straight day on Wednesday as rising beef prices and strong packer demand ahead of the Memorial Day holiday weekend supported the market, analysts said.
CBOT weekly: Traders watching out for weather concerns
United States wheat futures rose sharply during the week ended May 15, while corn and soybean futures at the Chicago Board of Trade (CBOT) were in a rangebound, up-and-down pattern.
U.S. livestock: Cattle futures shoot higher on rising boxed beef prices
Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on Tuesday as soaring boxed beef prices fueled hopes for increased demand, analysts said.
U.S. grains: Soy falls as cooking oil imports excluded from China tariffs
Chicago Board of Trade soybean futures dipped on Tuesday as analysts said the market was disappointed that U.S. President Joe Biden's administration did not include used cooking oil on a list of tariff increases on Chinese goods.
U.S. livestock: Live cattle retreat on heavy supplies, weak cash market
Chicago Mercantile Exchange (CME) live cattle futures eased on Monday on ample supplies of market-ready cattle and expectations for flat to lower cash cattle sales this week, traders and analysts said.
U.S. grains: Chicago wheat hits 9-month highs on Russian crop losses
Chicago Board of Trade wheat futures rose on Monday, hitting nine-month highs on worries about crop losses in top-exporter Russia after multiple nights of frosty weather in key regions.
U.S. livestock: Live cattle futures turn higher, feeder cattle lower
Chicago Mercantile Exchange (CME) cattle futures were mixed on Friday, with live cattle contracts turning higher and a rally in Chicago corn futures Cv1 pressuring most feeder cattle contracts lower.
Cyber-Savvy Farmer
