Insights and Stories on Finishers

Aug. 1, 2014 at 3:05 pm CDT

Reuters — Chicago Mercantile Exchange live cattle futures settled lower on Friday, partly pressured by residual profit-taking and fund liquidation after Thursday’s deep losses, traders said. However, futures closed off morning lows following initial reports of a less-than-expected decline in the price for market-ready, or cash, cattle. “Judging by big […]

By Theopolis Waters

Jul. 31, 2014 at 3:44 pm CDT

Chicago Mercantile Exchange live cattle contracts closed sharply lower on Thursday, pulled down by the stock market’s sheer drop caused by European deflation and Argentina default worries. Wall Street investors dumped long positions across a broad range of commodities, including CME livestock futures, an analyst said. Global economic jitters could […]

By Theopolis Waters

Jul. 31, 2014 at 10:38 am CDT

Reuters — Cargill Inc, one of the nation’s largest beef processors, said on Wednesday it plans to close its Milwaukee, Wisconsin, beef-processing plant on Friday, because the size of the U.S. herd has fallen to its smallest in 63 years. The ground beef production side of the plant, which employs […]

By Theopolis Waters

Jul. 29, 2014 at 4:30 pm CDT

    The U.S. Department of Agriculture has proposed a change in regulations that would relax restrictions on pork imports from certain areas of Mexico, potentially allowing for increased U.S. imports at a time of a supply shortage. The proposal would permit pork to be imported from certain parts of […]

By Ros Krasny

Jul. 29, 2014 at 11:31 am CDT

A U.S. appeals court on Tuesday rejected a food industry challenge to a federal rule concerning labelling requirements for meat, a ruling that could have a major impact on businesses fighting federal regulation on free-speech grounds. For the second time, the U.S. Court of Appeals for the District of Columbia […]

By By Lawrence Hurley