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By Marc Nemenoff |
February 15, 2013
Yesterday Apr. Live Cattle came close to testing support in the 127.00 area posting a low of 127.60 before the market experienced a 225 point short covering rally.
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By Elizabeth Campbell, Bloomberg |
February 14, 2013
The worst U.S. drought since the 1930s is shrinking a cattle herd that’s already the smallest since 1952 and signaling tighter beef supplies and higher costs for restaurant owners.
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By Elizabeth Campbell, Bloomberg |
February 4, 2013
Cattle futures rose for the first time in a week after a government report showed the size of the U.S. herd fell to 61-year low, signaling tightening beef supplies. Hog prices dropped.
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By Shruti Date Singh, Bloomberg |
February 1, 2013
Tyson Foods Inc., the largest U.S. meat processor, said consumers may be shifting toward buying chicken and away from red meat after the price of beef rose at a faster pace.
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By Rich Nelson |
September 12, 2012
Both hogs and cattle are biased on the upside, but serious drought-related gains may not manifest until 2013 when the effects on herd growth are felt.
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By Alan Bjerga, Bloomberg |
July 25, 2012
U.S. consumers may pay 3 percent to 4 percent more for food next year, as the effects of the country’s worst drought since the 1950s works its way onto supermarket shelves, the Department of Agriculture said today in its first forecast for 2013.
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By Elizabeth Campbell, Bloomberg |
June 12, 2012
The U.S. cattle herd has shrunk to the smallest since three years before Ray Kroc opened his first McDonald’s Corp. hamburger stand, reducing supply and raising prices even as domestic demand sinks to a two-decade low.
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By Elizabeth Campbell, Bloomberg |
May 1, 2012
The heaviest and most numerous U.S. pig population on record and rebounding Chinese output are creating a surplus that is poised to halt a four-year rally in prices.
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By Shawn Hackett |
November 1, 2010
Live cattle prices have had a spirited rally in 2010
