Chicago Mercantile Exchange cattle futures hit fresh highs on Thursday after Wednesday’s technical reversal.
U.S. livestock: Cattle futures take back losses to hit fresh highs
USDA says it has not set Jan. 20 as date to resume Mexican cattle imports
The U.S. Department of Agriculture has not established Jan. 20 as a date to resume cattle imports from Mexico, the agency said on Wednesday, after it blocked shipments in November over the discovery of the New World screwworm pest in Mexico.
U.S. livestock: CME cattle futures fall; lean hogs make slight gains
Most active February live cattle futures settled at 193.700 cents per pound, down 1.875 cents a pound from Tuesday. March live cattle futures fell 2.025 cents per pound to 266.025 cents a pound.
Indonesian government tells ranchers to import cattle for school meals program
Indonesia is encouraging domestic cattle ranchers to import breeding cows, targeting 400,000 head in 2025, to supply meat and milk for the government's free school meals program, the agriculture ministry said on Wednesday.
U.S. Livestock: Cattle futures running into resistance at highs
Cattle futures at the Chicago Mercantile Exchange continued to rise Tuesday. Most active February live cattle futures ended up 0.375 cents per pound at 195.575 cents a pound. Values hit fresh highs in many months, although ideas the market was looking overbought tempered the advances.
China, lower grain prices bolster Brazil beef and chicken export prospects
Beef and chicken exports from Brazil, the world's largest supplier of both meat types, may break new records in 2025, two industry groups said on Tuesday after the release of annual trade data.
Klassen: Stronger fed market to pull up feeder complex
The Alberta fed cattle market was quoted on a live basis in the range of range of $262-$265/cwt fob feedlot last week. Fed cattle forward contracts for March and April delivery (Alberta) were quoted from $270 to $272/cwt. Compared to last week of November 2024, fed prices are up $20/cwt on average.
U.S. Livestock: Falling temps boost cattle futures
Live cattle futures on the Chicago Mercantile Exchange were stronger Monday, hitting fresh contract highs in many months as forecasts calling for cold temperatures across United States ranching areas raised concerns over reduced weight gains for grazing cattle.
U.S. livestock: Cattle futures rise sharply on low inventory
Chicago Mercantile Exchange (CME) feeder cattle futures reached life-of-contract highs, while live cattle futures hit multi-month peaks on Thursday, as meat packers struggled to find inventory, analysts said.
U.S. livestock: Lean hog futures fall on year-end position squaring, demand doubts
Chicago Mercantile Exchange (CME) lean hog futures fell to two-month lows on Tuesday, as traders squared positions before the year's end and uncertainty lingered over export demand in the coming months, market analysts said.