Chicago Mercantile Exchange cattle futures rallied on Thursday after the U.S. government said retail samples of ground beef tested negative for the bird flu virus.
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U.S. livestock: Cattle futures jump after US ground beef tests negative for bird flu
U.S. livestock: Bird-flu testing of US ground beef sinks CME cattle futures
Chicago Mercantile Exchange cattle futures took a dive on Wednesday on concerns that U.S. government tests of ground beef for the bird flu virus will harm consumer demand.
U.S. livestock: Cattle sink as bird-flu beef tests fuel demand fears
Chicago Mercantile Exchange cattle futures tumbled on Tuesday as traders worried consumers will buy less meat, a day after the U.S. government said it will verify the safety of ground beef in states that have bird-flu infections in dairy cows.
Klassen: Stronger fed market underpins feeder complex
For the week ending April 27, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier.
U.S. livestock: Cattle futures turn higher, hogs ease on technical trade
Chicago Mercantile Exchange (CME) cattle futures turned higher on Thursday on technical trading, bouncing off the previous sessions lows in response to the U.S. government announcing plans to expand testing of dairy cows for avian influenza, market analysts said.
U.S. livestock: Cattle futures slump as US requires bird flu tests for dairy cattle
Chicago Mercantile Exchange (CME) cattle futures fell sharply on Wednesday after the U.S. government announced plans to expand testing of dairy cows for avian influenza - even though the virus has not been identified in beef cattle herds, market analysts said.
U.S. livestock: Lean hogs rally on pork demand outlook, rising commodities prices
Chicago Mercantile Exchange (CME) lean hog futures rallied in tandem with other commodities markets on Tuesday as signs of tightening supplies and a favorable pork demand outlook supported prices, traders said.
Klassen: Feeder market recovers from weather discount
Compared to last week, backgrounded yearlings traded $4-$8/cwt higher on average. Calves were quite variable with prices quoted from unchanged to as much as $10 higher. Overall, there appeared to be stronger buying interest this week across all weight categories.
U.S. livestock: Live cattle end higher ahead of monthly USDA data
Chicago Mercantile Exchange live cattle futures ended modestly higher on Thursday as traders squared positions ahead of a monthly feedlot report due on Friday from the U.S. Department of Agriculture (USDA), traders said.
Expect stronger cattle markets for third quarter
A surprise reduction in beef production could mean higher prices
During the second week of March, Alberta packers were buying fed cattle on a dressed basis in the range of $378-$380 per hundredweight (cwt) delivered. Prices f.o.b. (free on board) the feedlot in southern Alberta were quoted from $225 to $226/cwt. The market has been consolidating over the past month, as market-ready fed cattle supplies […] Read more