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Why cattle futures have climbed to their highest prices on record

MarketWatch on MSN.com - 6/7/2023 7:16:00 PM
Cattle futures have climbed to their highest prices on record as drought conditions in the southwestern United States devastated the animals’

Triple Digit Losses for Cattle Market

The Globe and Mail - 6/7/2023 10:04:00 PM
USDA estimated the week’s FI cattle slaughter at 370k head through Wednesday. That trails the same week last year by 4k head. Jun 23 Cattle closed at $179.000, down $0.825, Aug 23 Cattle closed at $173.

Changing cost of cattle transportation

BEEF Magazine - 6/6/2023 3:27:00 PM
Diesel is one of the primary inputs in the transportation of goods throughout the United States. Livestock hauling is no exception. Feeder cattle are generally transported long distances in the fall as they move from summer grazing to placement in backgrounding operations or directly into feedlots.

LIVESTOCK-CME feeder cattle futures stumble to three-week low

MSN - 5/5/2023 9:22:00 PM
brokerage research lead at Mid-Co Commodities. August feeder cattle futures closed down 0.375 cent at 223.150 cents per pound after falling earlier to 222.625 cents per pound, their lowest price ...

Strong Cash Cattle Trade in WCB During June Deliveries

The Globe and Mail - 6/7/2023 11:29:00 PM
The CME Feeder Cattle Index for 6/2 was $216.12 after a sharp $8.08 increase. Wholesale Boxed Beef prices were higher on Tuesday as Choice was up by $7.21 and Select was $2.71 higher. USDA estimated Tuesday’s FI cattle slaughter at 125k head for a ...

Here are the worst performing commodities in 2023

Invezz - 6/6/2023 4:08:00 PM
Commodity prices are having a bad year. The closely watched Invesco Commodity Tracking Index (DBC) is hovering near the lowest level since February 2022. It has plunged by more than 27% from the highest level in 2022 and by 7% this year.

Milk prices in the world's dairy powerhouse India have spiked 15%

CNBC on MSN.com - 5/25/2023 5:26:00 AM
India is facing an increase in milk prices on the back of higher feed costs, an increase in demand for sweets, and a contagious cattle disease.

Net farm income down in 2022 despite high commodity prices: StatCan

Canadian Cattlemen - 5/29/2023 9:19:00 PM
Farmers’ realized net income dropped by over eight per cent in 2022 as expenses outpaced the rise in cash receipts, a new Statistics Canada report says.

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