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Summer Grilling Season And Livestock Markets
Tuesday, July 13, 2021 - 10:04am | 686Grilling season is here. From Memorial Day to Labor Day, grilling season is at its peak and beef products are in high seasonal demand. Meat prices could surge as a post-pandemic summer, filled with barbecues and gatherings, is finally here. In 2020, the grilling season was a bust ...
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Livestock Haulers Urge FMCSA Action In Wake Of JBS Cyberattack
Wednesday, June 2, 2021 - 2:44pm | 586Livestock shippers are asking the Biden administration to issue an emergency waiver of work-rule restrictions for truckers hauling both livestock and meat products to avoid transportation delays in the wake of the cyberattack on global meat supplier JBS. In a letter sent Wednesday to Secretary of...
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The Dangers Of Livestock Trade
Wednesday, December 11, 2019 - 10:10am | 71Image by Ryan McGuire from Pixabay
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Trump Administration Seeks Clarity For Ag And Livestock Haulers
Monday, July 22, 2019 - 4:36pm | 576Regulators overseeing the trucking and agriculture industries will be looking to make it easier for haulers of agricultural commodities and livestock to comply with work rule regulations. An advanced notice of proposed rulemaking to be issued shortly by the Federal Motor Carrier Safety...
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'The Threat Is Real': Protein Supply Chain Disrupted As Hog Disease Spreads
Wednesday, May 8, 2019 - 8:36am | 527Over the last year, African swine fever wiped out 1 million hogs in China and many more across Europe and Southeast Asia. “This is an unusual, perhaps unprecedented time of the protein industry,” Tyson Foods, Inc. (NYSE: TSN) CEO Noel White said on Monday’s second-quarter earnings...
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Feds Beef-Up Australia's Livestock Transit Routes
Friday, January 11, 2019 - 1:23pm | 1726Cattle truck drivers have welcomed the first of a series of upgrades to roads in remote regions of Australia. It's part of the Northern Australia Beef Roads Program, a A$100 million (US$72 million) Australian Federal Government initiative to upgrade rural livestock logistics. The first project...
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Stalled Budget Prompts New Approach to ELD Exemption Status
Wednesday, December 19, 2018 - 12:01pm | 566Haulers of livestock and insects were given an indefinite exemption to the ELD mandate as a result of the ongoing string of temporary stop-gap measures to fund the federal government, and the uncertainty of whether a long-term budget deal will be signed by the end of this week. The FMCSA on Dec. 14...
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Friday's USDA Livestock Slaughter
Monday, April 6, 2015 - 8:32am | 39The USDA reported that Friday's USDA Hogs Slaughter was 411,000 head versus a year ago at 370,000 head. USDA Cattle slaughter was 97,000 head versus a year ago at 106,000 head. Livestock futures will reopen for trading Monday morning after Friday's exchange holiday.
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Live Cattle And Lean Hogs Sharply Lower
Wednesday, February 11, 2015 - 4:00pm | 65Livestock futures ended a weak trading day Wednesday sharply lower. April Hogs are trading at 64.05 down 2.52. June hog are trading at 77.40 down 2.17. General selling was seen at new contract lows on Wednesday. Live Cattle Futures were sharply lower Wednesday. April Live Cattle is down 2.60 at...
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Commodity ETNs Not Crashing
Wednesday, December 3, 2014 - 3:54pm | 462The price of crude oil hit a new five-year low over the weekend after OPEC refused to cut production. As ugly as the chart is for oil, it is not alone with a number of other commodities trading at or near lows. iPath Bloomberg Cotton Subindex Total Return SM Index (NYSE: BAL) is trading near...
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Livestock Futures Commentary from Jim Wyckoff
Tuesday, October 11, 2011 - 8:51am | 484LIVESTOCK: December live cattle closed down $1.50 at $120.35 today. Prices closed near the session low today and saw profit-taking pressure. The key “outside markets” were fully bullish for the cattle market today, as the U.S. dollar index was sharply lower, while crude oil and the U.S. stock...
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Livestock Futures Commentary
Tuesday, September 27, 2011 - 7:40am | 470December live cattle closed up the $3.00 limit at $119.72 yesterday, following a bullish USDA cattle-on-feed report issued Friday afternoon. Bulls had faded badly last week, but came roaring back yesterday and have regained the slight near-term technical advantage. The bulls' next upside price...
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Livestock Commentary
Tuesday, September 13, 2011 - 8:54am | 473December live cattle closed up $0.47 at $118.72 yesterday. Prices closed near mid-range yesterday. The bulls still have some upside technical momentum. The cattle bulls' next upside price breakout objective is to push and close prices above solid technical resistance at $120.00. The next downside...
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Livestock Futures Commentary from Jim Wyckoff
Tuesday, August 23, 2011 - 7:31am | 444LIVESTOCK: October live cattle closed up $0.25 at $115.75 today. Prices closed near mid-range and saw short covering following strong selling pressure late last week. A bearish USDA cattle-on-feed report issued Friday afternoon did limit buying interest today. A bear flag or bearish pennant pattern...
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Lively Gains In Livestock (COW, ENZL, ARGT)
Monday, April 25, 2011 - 8:20pm | 298Just like the rest of the commodity complex, milk prices have soared nearly 60% over the last two years. The same can be said for the livestock side. Worldwide demand for beef is near all-time highs as the rising middle class in emerging markets continues to grow. This demand has grown at such fast...