Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower […] Read more
U.S. livestock: Losses for cattle, upswing in hog prices
U.S. livestock: Closing higher after Trump announces tariff pause
But boosts duties on China to 125 per cent
Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken […] Read more
U.S. livestock: Prices mixed amid upticks in futures and equities
Boxed beef prices either side of steady as well.
Live and fed cattle futures on the Chicago Mercantile Exchange were largely mixed on Tuesday, not quite able to fully join the upswing in the futures and equities markets. United States President Donald Trump is determined to add another 50 points to its tariffs on the country’s imports from China. Together with previous and current […] Read more
Klassen: Feeder market experiences volatility during U.S. tariff week
During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
U.S. livestock: Tariff machinations weigh on values
Live and fed cattle futures on the Chicago Mercantile Exchange were weaker on Monday, continuing the downtrend that started with United States reciprocal tariffs and China’s retaliatory measures.
U.S. livestock: Prices down as China strikes back
Live and fed cattle futures on the Chicago Mercantile Exchange continued lower on Friday, as retaliatory trade action by China pressured the United States markets. China announced it will impose a 34 per cent levy on its imports from the U.S. beginning April 10.
U.S. livestock: Tariffs pull down beef, pork
Export sales, monthly census reports issued
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, following the trend in most North American futures and stock markets. The downturn came after United States President Donald Trump announced his wide-ranging reciprocal tariffs on Wednesday. Meanwhile, the U.S. Department of Agriculture issued its export sales report for the week […] Read more
U.S. livestock: Cattle prices climb higher, hog prices pull back
Live and fed cattle futures on the Chicago Mercantile Exchange were higher on Wednesday, a few hours before United States President Donald Trump unveiled his reciprocal tariff plan.
Strong year predicted for Canadian dairy products, meat processors expect squeeze
It's projected to be a strong year for dairy product makers, while meat product manufacturers' margins may be squeezed as rising prices fail to offset higher input costs, Farm Credit Canada (FCC) said in its new Food and Beverage Report.
U.S. grains: Chicago soybeans spike on news of biofuel coalition meeting with EPA
Chicago soybean futures rose on Tuesday ahead of a meeting between a coalition of oil and biofuel groups and the U.S. Environmental Protection Agency to discuss raising federal mandates for biomass diesel blending.