For the week ending February 8, the Western Canadian feeder cattle market was hard to define. Prices were softer earlier in the week but were creeping higher by Friday.
Markets/Business — page 47

Klassen: Feeder market stalls; cold temperatures, tariff threat limit sales

U.S. grains: Chicago soybean, wheat futures falter on tariff fears
Chicago wheat and soybean prices came under pressure on Monday after U.S. President Donald Trump said he will impose punitive tariffs on aluminum and steel imports, raising concern over potential retaliation against U.S. grain and oilseed exports, analysts said.

U.S. livestock: Cattle add gains, market fundamentals strong says analyst
Chicago Mercantile Exchange cattle futures made gains today as trends indicate that while contracts have backed away from record highs, market fundamentals remain solid.

Speculators exit short positions in canola
Net short smallest since 2023
Speculative fund traders were busy covering bearish bets and putting on new long positions during the first few days of February, taking the net short position in canola to its smallest level since September 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

U.S. livestock: Cattle prices pull back
Slaughter numbers down for cattle
Live and fed cattle futures on the Chicago Mercantile Exchange were steady to lower on Friday, as the slaughter was behind pace.

U.S. grains: Corn, soy, wheat futures sag on renewed U.S. tariff worries
Chicago Board of Trade corn, soybean and wheat futures weakened on Friday on renewed worries that trade disputes could hurt demand for U.S. farm products, analysts said.

Canola stocks shrink, wheat nudges up
StatCan issues stock report
With a decline of 19.2 per cent, total canola stocks in Canada dropped from a year ago, while all wheat stocks bumped up 0.9 per cent, Statistics Canada reported on Feb. 7.

U.S. grains: Wheat futures jump on Black Sea crop worries, short covering
Chicago Board of Trade wheat futures climbed to their highest level since October on Thursday as cold weather stoked concerns about potential crop damage in the Black Sea region, analysts said.

Feed Grain Weekly: Markets uncertain after tariff delays
Corn prices could rise if tariffs are imposed
Despite the delay in U.S. President Donald Trump's planned tariffs, there is plenty of uncertainty in the Western Canadian feed grain market.

U.S. livestock: Cattle mixed, hogs higher
Strong export sales for cattle, hogs
Live and fed cattle futures on the Chicago Mercantile Exchange dropped back on Thursday, despite strong export sales. The United States Department of Agriculture reported export sales of 24,907 tonnes for the week ended Jan. 30. That’s up 23.5 per cent from the previous week and the most since August. The April live cattle contract […] Read more