
Tag Archives cattle supplies

U.S. livestock: CME lean hogs, live cattle end lower
Chicago | Reuters — U.S. lean hog futures fell on Tuesday for a second straight session, pressured by technical selling, ample pork supplies and worries that trade tensions with China and Mexico will curb export demand, traders said. “We still have cheaper grain, increased (hog) weight potential down the line — all of the above […] Read more

PM Beef to shut Minnesota plant, cites tight cattle supply
Reuters — PM Beef will close its southwestern Minnesota beef processing plant on Dec. 11, due to tight cattle supplies, the company said Tuesday. The company announced the Windom plant’s closure to employees and owners during meetings Monday, according to local media. Prices for slaughter cattle last year hit record highs in the wake of […] Read more