According to government figures cited in the Washington Post, trade complaints by U.S. agriculture and industry against foreign competitors are soaring under President Trump to levels not seen in more than 15-years. There have been 79 new trade investigations since…
Futures Market Recap
NC Market Report Dec. 21
At the 3 weekly livestock auctions held Monday at Turnersburg, Canton, and Siler City a total of 1678 cattle and 67 goats were sold. Compared to the previous sales, slaughter cattle were mostly steady to $9.00 higher. Feeder steers and…
NC Market Report Dec. 13
At the 2 weekly livestock auctions held Monday at Turnersburg and Siler City a total of 815 cattle and 22 goats were sold. Compared to the previous sales, slaughter cattle were mostly steady to $3.00 higher. Feeder steers were mostly…
Grains Drop on Harvest North of Border
Lower prices for physical cattle sent the futures market lower on Wednesday. The U.S. Department of Agriculture said that meatpackers paid from $117 to $118 per 100 pounds on a live basis and $187 dressed for slaughter-ready cattle on Wednesday,…
Grains & Oilseeds Gain Into the Weekend
Cattle futures ended the week sharply lower as hedge funds and other speculative investors unwound optimistic bets. Futures traders spent much of the week anticipating higher cash prices for physical cattle. But higher cash prices did little to stem the…
Oil Futures Creeping Higher on OPEC Production Cuts
Cattle futures fell as traders waited for the week’s cash trade to develop. Many traders expected physical cattle prices to rise, and buying interest in the futures market waned as they waited for confirmation of this week’s price direction. Hog…
