Cattle placed in U.S. feedlots for fattening surged by 10 percent in May, the U.S. Department of Agriculture said on Friday in data that suggested beef supplies will be ample and prices potentially lower in the third qu
H.R. 2997 would prevent farms and ranches from being treated as toxic waste dumps.
Report mildly bearish for CME live cattle futures.
Cattle feeders added a little powder and lipstick to closeouts this week, but the ugly continues to shine through.
Fed cattle prices rebounded to start 2015 out after several weeks of losses in December.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Cattle futures have taken another turn over the past two weeks as prices have drifted lower, correcting the big December 17-24 advance.
Tyson Fresh Meats Inc. is planning $28 million expansion of its Waterloo pork processing plant