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“Feeder futures were sharply higher yesterday, and live cattle closed above last week’s highs, keeping the edge with the bulls,” the Hightower Report said. “For the second time in the last couple weeks, Mexican authorities have detected another case of screwworm in Nuevo Leon, which borders the U.S. However, Ag Sec. Rollins says this detection is 160 km south of the previous case a couple weeks ago, so the market impact may be more limited.”
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The Hightower Report said, “Live cattle closed slightly weaker yesterday, but feeders dropped nearly $4 as rumors flew the USDA had set a date…
ADM Investor Services said, “Cattle diseases officially identified as pasteurellosis or rabies have spread across Russia, affecting at least 1…
China will purchase and store frozen pork in the central reserves to maintain stable operation of the pork market, according to a statement re…
ADM Investor Services said, “Workers at JBS ratified a tentative two-year agreement with the world’s largest meat company, covering nearly 3,8…
ADM Investor Services said, "China has tightened border controls, fast-tracked vaccines and begun culling cattle after a small outbreak of foo…
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