Global Forex and Fixed Income Roundup: Market Talk
Cattle Lower Amid Uncertainty in Packing Industry -- Market Talk
Cattle Futures Rise as Markets Hope for U.S.-Iran Peace Deal -- Market Talk
Livestock Mixed After USDA Cuts Production Outlook -- Market Talk
Hogs Follow Cutout Prices Lower -- Market Talk
Express News | China Merchants Strategy: March Manufacturing PMI Rises Month-on-Month, Precious Metals Prices Increase
Global Energy Roundup: Market Talk
The decline in oil prices has driven up cattle prices.
Gelonghui, March 16th | Live cattle futures rose in early trading as the pullback in crude oil prices provided some relief to cattle prices. In a report, Hightower Report noted: "Lower energy prices this morning, alongside rising stock markets and a softer dollar, may lend support to the market." However, new pressure on cattle prices could emerge as the JBS plant in Greeley, Colorado, has gone on strike — a development that is reducing demand for fattened cattle and weighing on their prices, which could also impact live cattle futures. The most actively traded live cattle contract rose by 0.8%, while lean hog futures edged up this morning.
USDA Raises Projections for Beef, Pork Production -- Market Talk
Global Commodities Roundup: Market Talk