Chicago | Reuters — U.S. cattle futures rose about one per cent on Friday, with feeder cattle extending gains to the third straight session as wholesale beef prices rose and […] Read more
Tag Archives beef prices
U.S. livestock: Cattle gain on higher beef prices, lower corn
U.S. livestock: Live cattle sink on technical selling
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Monday on profit-taking and technical selling, although losses were limited by firm wholesale beef prices and the discount […] Read more
Klassen: Healthy margins drive feeder complex
Western Canadian feeder cattle markets traded steady to $5 higher compared to week-ago levels. Buyers were quite meticulous on flesh levels and quality features in the heavier weight categories; however, […] Read more
Klassen: Fed cattle uncertainty restricts upside in feeders
Western Canadian feeder cattle were actively trading $3-$5 higher compared to week-ago levels. Order buyers felt like they were groping in the dark but realized there was a fair amount […] Read more
Klassen: Feeder cattle prices lukewarm on mixed factors
Western Canadian feeder cattle markets were steady to $2 higher compared to week-ago levels. All weight classes experienced lukewarm buying interest, despite improving margins in the feedlot sector. Most auction […] Read more
U.S. livestock: Cattle gain on bargain-buying
Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures gained about one per cent on Monday, rebounding from earlier losses on support from a round of bargain […] Read more
Klassen: Feeder cattle market stable for year end
Western Canadian feeder cattle prices traded steady with week ago levels. The winter storm forecasted over the holiday season had little influence on buyer behaviour. Limited volumes were noted at […] Read more
Klassen: Feeder cattle resume upward trend
Western Canadian feeder cattle prices resumed the upward trend after a brief dip during the first major snowstorm of the year. Feeder cattle weighing above 750 lbs. traded $2-$4 above […] Read more
Klassen: Positive margins support feeder cattle market
Alberta packers were buying fed cattle at $150 this past week, which was $5 above breakeven pen closeout values. This rally in the fed cattle market was a long time […] Read more
U.S. livestock: Cattle fall as beef prices tumble
Chicago | Reuters — U.S. live cattle futures fell the most in 1-1/2 weeks on Wednesday in a selloff linked to lacklustre demand from meat packers and government data that […] Read more
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