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11.12.24 - 03:45
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US Cattle Crisis Worsens As Nation′s Herd Size Continues Alarming Side Into Abyss (ZeroHedge)
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US Cattle Crisis Worsens As Nation's Herd Size Continues Alarming Side Into Abyss
America's beef cow inventory has steadily declined over the last half-decade, reaching 64-year lows and signaling a deepening crisis across the cattle industry. As the cattle crisis worsens, consumers should brace for higher ground beef prices.
The shrinking beef supply has pushed the nation's herd size to its smallest level since 1961. With severe droughts, high interest rates, costly feed prices, sliding farm income, surging farm debt, and a shifting consumer preference toward cheaper chicken, struggling ranchers have been culling heifers, preventing any meaningful recovery in the number of calves necessary to expand the nation's herds.
As Bloomberg reports, the nation's cattle crisis is set to worsen with new pressures: first, President-elect Trump's anticipated tariff war 2.0, which is expected to tighten domestic beef supplies, and second, immigration reform.
"All of the things he is talking about have...
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10.12.24 - 20:03
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Meat products provider Stampede Culinary explores sale, sources say (Reuters EN)
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Meat products provider Stampede Culinary explores sale, sources say By Abigail Summerville NEW YORK, Dec 10 (Reuters) - The investment firm that owns Stampede Culinary Partners is exploring a sale of the meat products provider that could value the company at nearly $1 billion, including debt, according to people familiar with the matter. Wynnchurch Capital has tapped investment bankers at Bank of America BAC.N and North Point to run a sale process, which could be launched early next year and att...
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10.12.24 - 16:22
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ROUNDUP: Kommt noch ein Fleisch-Logo für Restaurants? (DPA-AFX)
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BERLIN (dpa-AFX) - Aus den Kühltheken kennen es viele Supermarktkunden schon: Beim Schnitzel zeigen Packungs-Etiketten mit dem Aufdruck "Haltungsform", wie das Schwein einst im Stall lebte - und bald kommt ein ähnliches staatliches Logo dazu. Doch wie ist es mit Jägerschnitzel im Restaurant und Krustenbraten in der Kantine? ......
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09.12.24 - 23:58
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Cattle futures gain on wholesale demand, cutout prices (Reuters EN)
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LIVESTOCK-Cattle futures gain on wholesale demand, cutout prices CHICAGO, Dec 9 (Reuters) - Chicago Mercantile Exchange live cattle futures rose on Monday, bolstered by a bump in wholesale cutout values and signs of ongoing consumer demand, according to analysts. Lean hog futures eased back from Friday's price bump on signs of profit-taking, traders said....
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07.12.24 - 00:15
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Live cattle mixed as technical selling offsets lift from firm cash (Reuters EN)
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LIVESTOCK-Live cattle mixed as technical selling offsets lift from firm cash By Karl Plume CHICAGO, Dec 6 (Reuters) - Chicago Mercantile Exchange live cattle futures traded on both sides of unchanged on Friday and finished the day mixed, underpinned by firm cash cattle prices but anchored by technical selling and seasonal pressure, analysts said. Cattle futures normally fade seasonally in early December as packers need fewer animals for abbreviated holiday-week slaughter operations at the end of...
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05.12.24 - 23:56
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Cattle futures drop on profit taking, weaker beef values (Reuters EN)
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LIVESTOCK-Cattle futures drop on profit taking, weaker beef values By Karl Plume CHICAGO, Dec 5 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures fell for a second consecutive day on Thursday, pressured by technical selling and profit taking following recent highs, and as wholesale beef prices fell, analysts said. Cattle futures normally come under seasonal pressure in early December as packers need fewer animals for abbreviated holiday-week slaughter operations at the end o...
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05.12.24 - 01:03
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Cattle futures recoil from highs as packer losses deepen (Reuters EN)
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LIVESTOCK-Cattle futures recoil from highs as packer losses deepen By Karl Plume CHICAGO, Dec 4 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures dropped on Wednesday in a technical and profit-taking retreat following recent strong gains and as beef packer margins fell deeper in the red, analysts said. Losses in both markets, however, were tempered by firm cash markets and tight supplies of cattle, they said....
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04.12.24 - 07:18
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FSIS Warns Against Ineligible Pork Products Imported From Ecuador (RTTNews)
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The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert against frozen ready-to-eat pork mortadella products imported by Ecuatorianita Imports & Exports, LLC. According to the agency, these products may have been illegally imported from Ecuador, a country ineligible to export meat and poultry products to the United States....
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04.12.24 - 00:09
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Cattle futures bounce on tight supplies, firm cash markets (Reuters EN)
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LIVESTOCK-Cattle futures bounce on tight supplies, firm cash markets By Karl Plume CHICAGO, Dec 3 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday into early December, pressured by...
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