Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  News  >  Commodities

News : Commodities
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

LIVESTOCK HIGHLIGHTS: Top Stories of the Day

share with twitter share with LinkedIn share with facebook
share via e-mail
09/04/2019 | 05:37pm EDT


Tyson Sees Beef Plant Return in a Few Months -- Market Talk

11:11 ET - Tyson Foods' fire-damaged beef-processing plant will likely be back online by January, CEO Noel White says, and some processing has already resumed in a portion of the plant untouched by last month's fire. "The volume loss has been somewhat minimal," White says at an investor event, as Tyson has shifted some cattle processing to another Kansas plant and other facilities, but transporting cattle and meat longer distances adds costs. Live-cattle futures, which sank after news of the fire, are down 0.3%. Tyson's plant processes roughly 5% of US beef. Tyson is off 5.9% after cutting guidance yesterday afternoon. (jacob.bunge@wsj.com; @jacobbunge)

Vast Majority of Food Companies Don't Measure GHG Emissions: FAIRR -- Market Talk

1305 GMT - The vast majority of food companies don't disclose their greenhouse gas emissions or have meaningful targets to lower them, says Farm Animal Investment Risk & Return, a research group for investors. Some of the worst-performing companies not working on their emissions include India's Venky's and America's Cal-Maine Foods, FAIRR says. "The fact that over three-quarters of major meat, fish and dairy producers are not fully tracking emissions, or reporting on issues such as water use and deforestation, presents a challenge to investors in evaluating investment risks and opportunities," says Karianne Lancee, sustainable investing research analyst at UBS, which uses FAIRR's data. (dieter.holger@dowjones.com; @dieterholger)


Hormel Launches 'Happy Little Plants' Meat Alternative Brand -- Update

Hormel Foods Corp. (HRL) has launched the Happy Little Plants brand of "plant-forward" products, including a flagship ground soy-based item that can be used like ground beef.

Initially available at certain Hy-Vee Stores, Happy Little Plants will expand in the coming months. Hormel said "numerous retailers and foodservice operators have expressed interest."

Kellogg Tees Up Incogmeato, A New Alternative-Meat Line -- Market Talk

12:10 ET - Kellogg is planning to roll out new alternative-meat products under what it is calling the MorningStar Farms Incogmeato brand, according to CEO Steve Cahillane. "We're planning a line that extends across multiple segments. So think about meat replacement, think about chicken replacement," he says at the Barclays consumer products conference. "It is a real meat-like experience." Kellogg isn't alone in working to step up its alternative-meat offerings amid growth at Beyond Meat and Impossible Foods. Conagra Brands has said it wants to grow its Gardein meat-alternative brand. (micah.maidenberg@wsj.com; @MicahMaidenberg)


Hogs Finish Higher, Cattle Breaks Lower -- Market Talk

15:31 ET - Lean hog futures on the CME finished 0.9% higher on Wednesday, at 67.125 cents per pound. For hogs, it's the second day in a row that the contract has risen, on the back of pricing strength in China due to the toll of African swine fever on its pig population. Since Tuesday, hog futures have risen nearly 5%. Meanwhile, cattle futures fell after posting a small upturn Tuesday, falling 0.3% to 99.025 cents per pound. Cattle prices have not peered above the $1.00 per pound mark since last week. (kirk.maltais@wsj.com; @kirkmaltais)


Estimated U.S. Pork Packer Margin Index - Sep 4 
All figures are on a per-head basis. 
Date     Standard Margin       Estimated margin 
         Operating Index         at vertically - 
                             integrated operations 
Sep  4       +$ 33.69            +$ 27.30 
Sep  3       +$ 35.48            +$ 31.28 
Aug 30       +$ 27.91            +$ 24.09 
* Based on Iowa State University's latest estimated cost of production. 
A positive number indicates a processing margin above the cost of production of the animals. 
This report compares the USDA's latest beef carcass composite 
values as a percentage of their respective year-ago prices. 
          For Today             Choice  109.4 
      (Percent of Year-Ago)     Select  103.3 
USDA Boxed Beef, Pork Reports 

Wholesale choice-grade beef prices Wednesday fell 1 cent per hundred pounds, to $230.65, according to the USDA. Select-grade prices fell $2.67 per hundred pounds, to $208.95. The total load count was 141. Wholesale pork prices fell $1.85, to $73.10 a hundred pounds, based on Omaha, Neb., price quotes.

Stocks mentioned in the article
ChangeLast1st jan.
BARCLAYS PLC 7.56% 160.18 Delayed Quote.6.62%
CONAGRA BRANDS 0.21% 28.41 Delayed Quote.33.01%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 0.03% 144.35 End-of-day quote.-3.06%
HORMEL FOODS -1.22% 41.16 Delayed Quote.-2.37%
HRL HOLDINGS LIMITED 0.00% 0.11 End-of-day quote.15.79%
KELLOGG COMPANY -0.38% 62.13 Delayed Quote.8.98%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.71% 109.5 End-of-day quote.-12.88%
MORNINGSTAR, INC. 0.17% 151.47 Delayed Quote.37.90%
RANDOM LENGTH LUMBER?FUTURES (LBS) - CMG (ELECTRONIC)/C1 1.87% 369.8 End-of-day quote.9.17%
UBS GROUP 3.59% 11.105 Delayed Quote.-12.38%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Commodities"
10:04a'Broken system' starves U.S. oil boom of immigrant workers
09:15aWESTMORELAND COAL : Coal Bankruptcies Pile Up as Utilities Embrace Gas, Renewables
10/12NYRSTAR : shareholders to sue commodities trader Trafigura for $1.6 billion
10/12Nigerian crude diffs crash as freight rates bite
10/11INDIAN OIL : Oil producers, refiners face surging global freight rates after U.S. sanctions
10/11MMG : Las Bambas copper mine faces production halt amid protests
10/11LIVESTOCK HIGHLIGHTS : Top Stories of the Day
10/11USDA Weekly By-Product Value Hog Report - Oct 11
10/11Oil rises 2% after reports of Iranian tanker attack
10/11NEWS HIGHLIGHTS : Top Energy News of the Day
Latest news "Commodities"