Chicago cattle futures resumed their upward trajectory on Tuesday after Monday's dip, which had been influenced by threats by U.S. President Donald Trump to sack the Federal Reserve chair.
U.S. livestock: Chicago cattle resume climb, hogs gain
Klassen: Fall fed cattle supply concerns strengthen feeder complex
For the week ending April 19, Western Canadian feeder cattle markets traded $2 to $3 above week-ago levels. Many auction barns did not have sales due to Good Friday but sale volumes were also smaller at active locations.
U.S. livestock: Cattle lower amid broad selling pressure
Cattle futures on the Chicago Mercantile Exchange were lower on Monday, retreating from early gains as the livestock markets found themselves caught up in the broad weakness triggered by threats from United States President Donald Trump to remove Federal Reserve chair Jerome Powell.
US beef off the menu as the trade war hits Beijing’s American-style restaurants
US beef exports to China worth $125 million a month at risk
Beijing | Reuters – At Home Plate BBQ, an American-style restaurant in Beijing, staff are reprinting menus. The U.S.-China trade war means American beef – once the star ingredient – will soon be off the table. Home Plate’s beef, previously sourced entirely from the U.S., is increasingly Australian. The restaurant uses about 7 to 8 […] Read more
U.S. livestock: Cattle rise as USDA reports decline in inventory; hogs gain
Chicago live cattle and feeder contracts rose on Thursday as the USDA's cattle on feed report showed cattle inventory down two per cent compared to one year ago.
Feed Grain Weekly: More grain purchased before seeding starts
A tariff reprieve has allowed for more cattle to move freely across the Canada/U.S. border and has necessitated the need for more grain at feedlots.
U.S. livestock: Cattle contracts climb ahead of cattle on feed report
Chicago Mercantile Exchange cattle and hogs made healthy gains on Wednesday ahead of this month's cattle on feed report.
U.S. livestock: Chicago cattle, hogs continue upward trend
Chicago cattle and lean hogs made gains almost across the board, continuing yesterday’s upward trend.
Klassen: Feeder market returns to historical highs
For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward.
U.S. livestock: Chicago cattle, hogs rise to start week
Chicago hog and cattle futures rose on Monday after choppy trading last week amidst evolving trade tensions.
Cyber-Savvy Farmer
