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By Gary Kamen |
May 14, 2013
Last week’s WASDE showed live cattle as short-term bearish, but longer-term bullish. And what do you know, look what “big money” is now doing in Live Cattle.
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By Whitney McFerron and Elizabeth Campbell |
April 17, 2013
U.S. hog farmers are poised to produce a record amount of pork at a time when exports are slumping the most in more than a decade, prolonging a global glut into a fifth consecutive year.
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By Gary Kamen |
March 25, 2013
Last week April Lean Hogs opened at $79.625 and closed the week at $79.400. For the month of February this contract opened at $89.350 and closed the month at $81.000.
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By Alan Bjerga, Bloomberg |
March 20, 2013
The Senate adopted an amendment to a spending bill that would avoid furloughing U.S. meat inspectors as part of budget cuts, lowering the risk of disrupting plants run by companies including Tyson Foods Co.
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By Tony C. Dreibus and Jeff Wilson, Bloomberg |
March 12, 2013
The U.S. Department of Agriculture said it will halt some government reports including milk production, rice supply and cattle herds because of federal spending cuts known as sequestration.
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By Press Release |
February 21, 2013
Sequestration's possible mandatory spending cuts — should they begin on March 1 — could have an impact on the physical delivery and cash settlement mechanisms of certain CME livestock and dairy products.
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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.
