CME Daily Features
US - In a year full of surprises, one that has gotten a bit lost is the lack of growth in the US chicken business. Most analysts went into 2014 expecting US chicken companies to quickly ramp up production to take advantage of lower grain costs and their price advantage in the market?place, report Steve Meyer and Len Steiner.
US - A number of news outlets reported over the weekend that the World Trade Organisation (WTO) has determined that USDA’s latest attempt to write rules for mandatory country of origin labelling still runs afoul of WTO rules, write Steve Meyer and Len Steiner.
US - Supply, supply, supply — that seems to be all we talk about these and, for that matter, most days. There’s a good reason for that, of course — primarily that virtually all of the data we get, especially on a frequent basis, is about supply, write Steve Meyer and Len Steiner.
US - On Tuesday (22 July), USDA released the results of its monthly survey of about 800 public and private refrigerated warehouses and the results will likely be viewed as bullish for cattle and, to a lesser extent, for hog futures today, write Steve Meyer and Len Steiner. cale
US - Thursday's edition of DLR remains germane to the current situation in the beef industry and published reports in "Meat & Poultry" and the "Dodge City Daily Globe" indicate that Cargill is making changes in response to falling cattle numbers by reducing the work force at its Dodge City harvest facility, write Steve Meyer and Len Steiner.
US - There was plenty of anticipation last fall (among retailers and foodservice operators) that the decline in grain prices and increases in the broiler hatchery flock would translate into significant increases in broiler production... and lower prices, write Steve Meyer and Len Steiner.
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