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Tag Archives Beef


(Sierrarat/iStock/Getty Images)
Markets

U.S. livestock: Feeder cattle up on signs of bargain buying

By Heather Schlitz, Reuters August 21, 2024
Chicago Mercantile Exchange (CME) feeder cattle ticked up on Wednesday on a rebound in bargain buying following a steep dive in the previous session.

Photo: File
Markets

U.S. livestock: Cattle futures fall dramatically on technical selling

By Renee Hickman, Reuters August 20, 2024
Chicago Mercantile Exchange (CME) live and feeder cattle futures took a steep dive on technical selling on Tuesday, analysts said, while lean hogs ticked down following cattle's slide.

Photo: Canada Beef Inc.
Livestock, Markets

Klassen: Yearling market softens on economic uncertainty

By Jerry Klassen August 20, 2024
For the week ending August 17, Western Canadian feeder cattle prices were $3-$5 lower on average. Three weeks ago, 1,000 pound steers off grass reached up to $340/cwt. This past week, these same cattle were quoted in the range of $315-$325/cwt.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Live cattle futures rebound from a sluggish week

By Renee Hickman, Reuters August 19, 2024
Chicago Mercantile Exchange (CME) live cattle futures bounced back on Monday after a slow previous week, while feeder cattle futures dipped on corn's Chicago Board of Trade (CBOT) climb.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle, lean hog futures fall in range-bound trade

By Heather Schlitz, Reuters August 16, 2024
Chicago Mercantile Exchange (CME) live and feeder cattle futures fell in a spate of range-bound trading on Friday, with back-month feeder contracts setting new lows as funds shed their positions, traders said.


(Geralyn Wichers photo)
Markets

U.S. livestock: cattle futures dip on stronger dollar, slow cash trade

By Heather Schlitz, Reuters August 15, 2024
Chicago Mercantile Exchange (CME) live and feeder cattle futures eased on Thursday, as generally quiet cash market and a strengthening U.S. dollar left cattle futures in a range-bound trade, traders said.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle firms on technical buying as Labor Day nears

By Renee Hickman, Reuters August 14, 2024
Chicago Mercantile Exchange (CME) cattle futures rose on Wednesday on technical buying and increasing beef demand ahead of the upcoming U.S. Labor Day holiday, analysts said.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle rise on stronger beef demand, lower corn prices

By Renee Hickman, Reuters August 13, 2024
Chicago Mercantile Exchange (CME) cattle futures rose on Tuesday with beef demand increasing ahead of the approaching Labor Day holiday and as corn futures dipped following the U.S. Department of Agriculture's weekly crop progress and condition report.


(Geralyn Wichers file photo)
Livestock, Markets

Klassen: Feeder market holds value amid economic uncertainty

By Jerry Klassen August 13, 2024
Overall, the calf market appeared to be more sensitive to the weakness in the deferred live cattle futures while buyers of yearlings were focused on securing ownership.  Ideas are that yearling supplies are down from year-ago levels and scarcity factor is driving the bullish enthusiasm.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle, lean hog futures firm as economy concerns ease

By P.J. Huffstutter, Reuters August 9, 2024
Chicago Mercantile Exchange (CME) livestock futures turned higher on Friday, as cattle futures rebounded from recent sharp drops in pricing amid a flurry of fund selling.

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