Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Tuesday as the spot contract rose on its discount to the cash market while deferred months drifted […] Read more
Tag Archives beef prices
U.S. livestock: CME live cattle end mixed as market weighs big supply
Klassen: Stronger fed cattle prices jolt feeder market
Feeder cattle markets came alive last week as fed cattle prices took a fortuitous bounce. Alberta packers were buying fed cattle in the range of $276-$279 on a dressed basis, […] Read more
U.S. livestock: Cattle rise on beef gains, fund buying
Chicago | Reuters — Live cattle futures climbed to a near two-month high on Wednesday, rising for the third straight session on firm beef prices and investment fund buying, traders […] Read more
U.S. livestock: CME live cattle extend climb to five sessions
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday for a fifth straight session, buoyed by higher wholesale beef prices and technical buying including short-covering, traders said. […] Read more
U.S. livestock: Live cattle sag for sixth straight session
Chicago | Reuters — Chicago Mercantile Exchange February live cattle futures fell Thursday for a sixth straight session, pressured by fund-driven long liquidation, falling cash cattle prices and softening wholesale […] Read more
Klassen: Tight margins weigh on feeder cattle
Compared to last week, western Canadian feeder cattle prices traded $5 higher to $5 lower; however, yearlings were a solid $2 to $4 lower. Negative feeding margins over the past […] Read more
U.S. livestock: CME live cattle climb as cash prices seen rising
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday as profitable packer margins and firm beef prices fueled expectations that cash cattle would trade at higher […] Read more
Klassen: Feeder market maintains upward trend
Western Canadian feeder cattle prices were quite variable this past week. Strength was noted in the eastern Prairie regions where markets traded $5 to as much as $10 above week-ago […] Read more
U.S. livestock: Cattle surge to contract highs on higher cash prices
Chicago | Reuters –– U.S. live cattle and feeder cattle futures contracts surged to lifetime peaks on Monday, boosted by unexpectedly high-priced sales in cash cattle markets that occurred after […] Read more
Klassen: Friendly beef price outlook supports feeder market
Compared to last week, yearling prices were $2 to as much as $5 higher, while calf markets traded $3-$7 above week-ago levels. The yearling run is coming to a close […] Read more
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