Western Canadian feeder cattle prices were once again quite volatile this past week as market continues to digest overwhelming fed cattle supplies and lacklustre beef demand. In Alberta, calves under […] Read more
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Tag Archives beef prices
Klassen: Feeder cattle remain vulnerable
Klassen: Feeder cattle stabilize near annual lows
Western Canadian feeder cattle prices traded $5 lower to $5 higher relative to week-ago levels. The market was quite variable across the Prairies, with eastern markets coming under more pressure […] Read more
Klassen: Weaker fed cattle pressure feeder market
Alan Paton stated when men are ruled by fear, they strive to prevent the very changes that will abate it. The feeder cattle market is contending with a negative round […] Read more
Klassen: Feedlots curb buying interest
Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian […] Read more
Klassen: Feeder cattle prices stabilize
Western Canadian feeder cattle prices stabilized over the past week, trading $5 to $8 higher in comparison to seven days earlier. In Manitoba and eastern Saskatchewan, calves traded up $10 […] Read more
U.S. livestock: Higher cash price outlook lifts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday, supported by rising wholesale beef values that could help strengthen cash prices as early as Thursday, traders […] Read more
U.S. livestock: Bump in beef price extends CME live cattle gains
Chicago | Reuters –– Chicago Mercantile Exchange live cattle rose for a third straight session Thursday, helped by more short-covering following a morning jump in wholesale beef quotes, traders said. […] Read more
Volatility prompts CME to raise live cattle margins
Chicago | Reuters — CME Group, the world’s largest livestock futures market operator, has raised margin rates for live cattle futures for the second week in a row after dramatic […] Read more
U.S. livestock: Short-covering drives CME live cattle higher
Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Wednesday, fuelled by active short-covering in anticipation of cash and wholesale beef prices bottoming out soon, traders said. […] Read more
U.S. livestock: CME live cattle limit up on beef bounce
Chicago | Reuters — Chicago Mercantile Exchange live cattle finished up their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and bargain hunting following the spike in wholesale beef […] Read more
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