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Cattle futures pressured by sharp drop in boxed beef

Thursday, April 10

At the Chicago Mercantile Exchange, live and feeder cattle were pressured by sharply lower boxed beef and ongoing demand uncertainties. June live cattle closed $3.17 lower at $195.20, and August live cattle closed $2.80 lower at $192.20. May feeder cattle closed $2.90 lower at... Read More.

Live cattle pressured ahead of direct business

Tuesday, March 11

At the Chicago Mercantile Exchange, live cattle were mostly lower, and feeder cattle were mostly higher ahead of the week’s direct business. April lives closed $1.02 lower at $199.55 and June live cattle closed $.97 lower at $196.25. April feeder cattle closed $.22 lower... Read More.

Corn, wheat pressured by USDA expectations

Thursday, February 27

Soybeans were lower on fund and technical selling. The USDA is projecting lower planted area this year and improved demand next marketing year at the annual Ag Outlook Forum. Contracts were up early but wilted due to confirmation of new tariffs against key trading... Read More.

Soybeans, corn pressured by profit taking

Thursday, January 30

Soybeans were lower on profit taking and technical selling. Brazil’s harvest continues to move slower than average, with more rain in the forecast for some areas. There is a chance for improved rainfall in parts of Argentina in some medium-term outlooks and while some... Read More.