Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.
Deferred live cattle futures and feeder cattle futures finished stronger
Corn, wheat futures were steady to up
Wheat futures jump after a sharp drop on Monday
No sales the first week of 2024 as markets assess inventory, plan strategy
Lean hogs rose on hopes that U.S. cash prices had reached bottom
Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets
Live cattle slipped somewhat but ended the week up 1.2 per cent
Corn futures set a contract low; wheat prices advanced
Wheat futures rebounded from one-month low; corn stabilized
Packers losing money processing beef due to tight supply