Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday […] Read more
U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets
Klassen: Canadian feeder market jumps on trade disruptions
For the week ending November 29, feeder cattle market reports from Manitoba had prices up $20-$40/cwt from week-ago levels. Prices in Saskatchewan and Alberta were up $10 to $20 on average. The market was hard to define this past week with a wide range prices across Western Canada for similar quality and weight cattle.
U.S. livestock: Feeder cattle drop on profit taking after 10-session rally
Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures retreated in a profit-taking setback on Monday after a ten-session rally that took prices to five-month peaks, while live cattle futures followed feeders lower. Monday’s cattle declines came after managed funds had bolstered their long holdings in both markets over recent weeks, encouraged by tight […] Read more
Tyson Foods to close Kansas meat plant, cutting more than 800 jobs
Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.
U.S. livestock: Feeder cattle hit highest levels since July
Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.
Mexico hopes to quickly resolve New World Screwworm case halting cattle exports into US
Mexican President Claudia Sheinbaum said that Mexican and U.S. officials were in contact over a case of New World screwworm (NWS) detected late last week that caused the U.S. to halt imports of Mexican cattle.
U.S. grains: Cattle futures up on strong demand, Mexico border closure
Chicago Mercantile Exchange live and feeder cattle futures rose on Wednesday as a strong cash market and a screwworm outbreak in Mexican cattle added support to futures, analysts said.
U.S. livestock: Cattle futures gain on shutdown of Mexican cattle exports
Chicago Mercantile Exchange live and feeder cattle futures were steady to higher on Tuesday owing to strong beef demand and the detection of screwworm in a cow in southern Mexico, which has temporarily shut down exports of Mexican cattle to the U.S.
Canada-U.S. relationship can weather trade disruptions, MacAulay says of Trump tariff threat
Reading Time: 3 minutes A 25 per cent tariff on Canadian goods could have serious consequences for sectors like beef and pork, but the federal minister of agriculture expressed confidence that the cross-border trade relationship can once again weather the storm. “We’ve dealt with the Trump government previously and we’ll do it again,” he told Glacier FarmMedia today. “We […] Read more
Canada-U.S. relationship can weather trade disruptions, MacAulay says of Trump tariff threat
A 25 per cent tariff on Canadian goods could have serious consequences for sectors like beef and pork, but the federal minister of agriculture expressed confidence that the cross-border trade relationship can once again weather the storm.
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