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Fed to hold its fire this week, wants clearer economic view

2013-10-27 14:52:51| Apparel - Topix.net

Federal Reserve officials are unlikely to make any shift to monetary policy this week as they wait for more evidence of how badly Washington's budget battle has hurt the U.S. economy.

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Fed Cattle Prices Rally

2013-10-26 16:11:00| Beef

The contra-seasonal price rally enjoyed by those selling calves and feeder cattle in recent weeks finally spread to fed cattle. Analysts with the Agricultural Marketing Service explained Friday that fed cattle prices shattered the previous all-time record high achieved in May by trading at $131-$134/cwt. and at mostly $208 on a dressed basis. read more

Tags: prices fed rally cattle

 
 

Fed gov't helps SMEs commercialize new products in western Canada

2013-10-25 17:02:00| Canadian Plastics Headlines

The federal government has launched a new $100 million program to help western Canadian businesses bring their new technologies to market.

Tags: products canada western helps

 

Today's oil value dips after US job data cements Fed stimulus hopes

2013-10-23 01:00:00| Offshore Technology

Oil prices decreased today, as the US dollar dropped to a two-year low against the euro on Wednesday after disappointing US jobs data, as well as owing to concerns about oil demand in the country, due to a build-up in crude stockpiles.

Tags: data job oil fed

 

Fed Cattle And Beef Price Moves Higher

2013-10-19 16:33:00| Beef

Cash fed cattle finally broke past $130/cwt. and beef prices continue to strengthen, but the market remains unconvinced that this is the bottom rung of a new seasonal plateau. Market chatter suggests Thursday's cash trade at $130 is probably the most packers will pay for quite a while," says John Otte, Penton market analyst. "Everybody in the industry was waiting for the price to hit $130. Once it did, everybody started to liquidate long positions. Packers will come in and say that cattle are too high compared to beef, so we're probably in for a two-to-three-week correction in the cash and the futures. read more

Tags: price higher moves fed

 

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