Live cattle futures gain on tighter supply, strong demand - CME
Lean hog futures rise following recent slide
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Lean hog futures rise following recent slide
High labor and energy costs continue to factor into food prices.
U.S. soybean stocks will be smaller than previously forecast as export demand for U.S. offerings remains strong even with recently harvested supplies from Brazil and Argentina available for overseas buyers, the government said on Friday. But corn supplies were estimated to be bigger than earlier forecasts, bucking market expectations for tighter stocks, as rising prices ...
Analysts said the latest forecasts from the government did not provide any fresh bullish news that would drive prices higher, and all eyes were focused on U.S. crop development in the hopes that a bountiful harvest this fall would provide some relief to the stressed global balance sheet.