Chicago Mercantile Exchange (CME) cattle futures turned lower for a third session on Friday, as technical trading at one point sent the most-active August live cattle LCQ24 contract dipping to a two-week low.
U.S. livestock: Cattle futures continue slump amid demand questions
Strike possibility looms at Calgary Cargill plant
June vote will determine if Calgary Cargill workers will echo Cargill Guelph work stoppage
Nearly 1,000 workers at Cargill’s beef processing plant in Guelph were on strike at the end of May, and there’s a possibility that workers at the Cargill Case Ready plant in Calgary could also hit the picket lines.
U.S. livestock: Cattle turn lower as China allows some Russian beef imports
Chicago Mercantile Exchange (CME) cattle futures turned lower for a second trading session on Thursday, even as the tight U.S. cattle supply and strength in the beef cutout values offered support, analysts said.
JBS says China blocks beef from US plant over detection of ractopamine
Processor JBS said on Wednesday that Beijing blocked U.S. beef shipments from the company's plant in Greeley, Colorado, because traces of the feed additive ractopamine were identified in beef destined for China.
Meat industry calls on federal gov to ease foreign worker limits
Meat industry groups are asking the federal government to reinstate a program that expanded industry hiring limits for temporary foreign workers (TFWs) and lengthened the validity of paperwork needed for hiring, citing work shortages and impact on food prices.
U.S. livestock: Cattle futures turn higher on packer buying expectations
Chicago Mercantile Exchange (CME) cattle futures turned higher on Tuesday on technical trading and market anticipation that packers increase buying on a shortened holiday week, analysts said.
Klassen: Demand for grass cattle pushes feeder market higher
In the week ending May 25, Western Canadian feeder cattle markets were trading $4 to $8 higher compared to seven days earlier. Some higher quality genetic packages of 700-pound plus cattle were up as much as $10 from week-ago levels.
Eastern Canada’s largest beef processor on strike
Union says a Cargill plant in Calgary could soon take similar action
Nearly 1000 workers at Cargill’s beef processing plant in Guelph hit the picket lines this morning, as workers strike in an effort to gain better compensation.
U.S. livestock: Live cattle mixed, feeder cattle lower ahead of holiday weekend
Chicago Mercantile Exchange live cattle futures ended mixed on Friday, amid growing uncertainty over packer interest after the U.S. Memorial Day holiday weekend, traders said.
U.S. livestock: Cattle futures continue to rally, lean hogs weaken
Chicago Mercantile Exchange live and feeder cattle futures rallied on Wednesday amid expectations of strength in the cash markets, while lean hog futures faced continued pressure from data showing that U.S. packers are processing a glut of pork, analysts said.