CME Daily Features
US - It was mostly a consolidation day for livestock futures on Tuesday. This was particularly the case for cattle following the limit down day on Monday, write CME analysts Steve Meyer and Len Steiner.
US - According to USDA-NASS in their recently released Chickens and Eggs Report, broiler-type chick hatch in December was unchanged from twelve months earlier. Eggs in incubators at the beginning of January were also close to the same as a year earlier, write Steve Meyer and Len Steiner.
US - Last week was another volatile one in the livestock futures markets, that now sounds like a broken record, and USDA’s National Agricultural Statistics Service (NASS) released their monthly Cattle on Feed and Cold Storage reports on Friday; those reports will be quickly reviewed here, writes Steve Meyer and Len Steiner.
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