(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures limit up on better cash sales

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged by their three cents/lb. daily price limit on Friday, boosted by investment fund buying and better-than-expected sales in cash cattle markets, traders and analysts said. Feeder cattle futures also climbed by their daily limit, of 4.5 cents/lb., tracking the higher prices in the more […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Early-week cash prices buoy CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Wednesday, lifted by initial prices for market-ready, or cash, cattle and short-covering after recent market losses, traders said. Thinly traded June futures, which will expire on Friday, led advances. Some investors bought that contract and simultaneously sold deferred months in a trading strategy […] Read more





(Deyana Robova photo/iStock/Getty Images)

Hog prices steadying as barbecue season nears

CNS Canada — With barbecue season on the horizon, prices for Canadian pork rose during the week ended April 27, breaking out of their month-long fall. The timing could be perfect, as negotiators have already begun working on improving trade relations and cancelling proposed tariffs on Chinese imports of U.S. pork and other goods. “Prices […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle rise on strong cash markets

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Friday, with nearby contracts supported by firm cash markets and strong wholesale beef values, traders said. Deferred offerings rose as traders covered short positions ahead of the U.S. Agriculture Department’s monthly Cattle on Feed report. The report, released after the close of the […] Read more