7/23/2021
CHICAGO, July 23 (Reuters) - CME feeder cattle futures
firmed on Friday, bolstered by lower corn and wheat markets that
may translate into eased feed costs, traders said.
CME live cattle also gained and are expected to firm next
week as the trade digests the U.S. Department of Agriculture s
monthly cattle on feed report released after the market close,
showing fewer than anticipated cattle placed on feed.
June cattle on feed placements fell to 93% versus a year
prior, the USDA said, missing trade estimates by nearly 3
points. We have a very well-supplied market in the short term,
said Rich Nelson, chief strategist at Allendale, Inc. This is
¿Podrá Argentina aumentar sus exportaciones de aceite de soja?
gestion.pe - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gestion.pe Daily Mail and Mail on Sunday newspapers.
Soy Oil Traders Jostle to Decipher Argentine Export Potential
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.