Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.
U.S. livestock: Cattle futures lower, hogs mostly down on demand questions
Feds announce $6 million beef marketing boost
Canada Beef and the Canadian Cattle Association (CCA) are receiving up to $5,865,110 and $453,364 respectively for marketing activities such as advertising, trade missions, technical training and educational seminars.
U.S. livestock: Live cattle futures continue rally on steady demand
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
Progress made on Cargill labour disputes
Unions representing both Guelph and Calgary Cargill workers say they have a possible deal in hand and votes are set for coming days
Reading Time: < 1 minute Progress has been made in both eastern and western Cargill labour disputes, the former of which has had Guelph beef plant employees on strike since late May.
U.S. livestock: Cattle futures end higher in light pre-holiday trade
Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.
Klassen: Light volumes characterize feeder market
For the week ending June 29, Western Canadian yearling and calf markets were unchanged from seven days earlier. Many auction barns are in holiday mode and volumes were light, making the market hard to define. Late blooming stragglers and off grade calves were common.
U.S. livestock: Cattle futures lower, hogs higher, on month-end positioning
Flooding in Midwest provides some support for hogs as roads, rail lines washed out around processors
Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.
U.S. livestock: Hog futures turn lower ahead of USDA hog-pig report
Chicago Mercantile Exchange lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that U.S. farmers had a slightly larger hog herd, traders said.
U.S. livestock: Livestock futures turn higher on technical trading, Midwest floods
Chicago Mercantile Exchange lean hog futures turned higher on Wednesday as fund investors adjusted their positions and sought short-covering, even as many contracts set new lows for a second trading day, traders said.
JBS Canada breaks more ground at Brooks
New storage and distribution centre to feature more automation, storage, beef patty manufacture
Reading Time: 2 minutes New JBS Canada storage and distribution centre to feature more automation, storage, beef patty manufacture.
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