CME Daily Features
US - The US Department of Agriculture's recent Cattle on Feed report creates a bullish outlook for cattle futures, whilst their Cold Storage report indicates a bearish outlook for pork and chicken, write Steve Meyer and Len Steiner.
US - Avian influenza continues to march through the upper Midwest with USDA reporting confirmed cases in six more flocks in Iowa, North Dakota, Wisconsin and Minnesota, write Steve Meyer and Len Steiner.
US - With more cases of HPAI (Highly Pathogenic Avian Influenza) cropping up, there is growing concern about the impact that it may have on livestock markets going into the spring and summer, write Steve Meyer and Len Steiner.
US - The dispute between Representatives of International Longshore and Warehouse Union (ILWU) and West Coast port operators was one factor in another month of relatively poor US exports of meat and poultry, write Steve Meyer and Len Steiner.
US - Transportation disruptions due to weather caused a significant decline in February broiler and turkey slaughter, but slaughter rates have now started to recover, write Steve Meyer and Len Steiner.
US - H2N2 high pathogenic avian influenza has been identified in a backyard flock of chickens and ducks in Kansas but any action taken by trading partners regarding Kansas will not have a major impact on poultry exports or supplies, write Steve Meyer and Len Steiner.
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