Cattle Futures Pop Despite Weak Cash: Grains Slide
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LIVESTOCK-CME cattle futures rebound from sharp declines
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Chicago Mercantile Exchange (CME) cattle futures fell on Wednesday on long liquidation by funds and as sinking beef prices and eroding packer margins weighed on the market, reported Reuters. Feeder cattle futures also retreated in a technical correction after four consecutive sessions of gains that were fuelled by concerns over tightening US supplies. “We are seeing more pushback from consumers on high retail beef prices and packers are scaling back their coverage as a result. This led to a weak
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Feeder cattle trends still higher __ CattleUSA Daily Pod #178: The Cattle Market Rally We Didn't See Coming and the Feeder Cattle Market Push with Dan Gerhold __ Feeder cattle prices are on the rise, corn yields are slipping, and producers are adjusting fast. In this episode of the CattleUSA Daily Podcast, Dan Gerhold breaks down the latest market movements across cattle and grain, explaining what’s driving strong feeder demand and why many farmers are selling calves earlier than usual. With har
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