Klassen: Feeder market experiences mixed tone

Compared to last week, western Canadian yearling prices traded $3-$5 on either side of unchanged. Auction market volumes are growing in Saskatchewan and Manitoba; however, central Alberta prices held a definite premium of $8-$10 over the eastern Prairie regions. Ontario orders are starting to surface in Manitoba but prices were out of reach with Alberta […] Read more







U.S. livestock: Cattle futures up on larger-than-expected weekly slaughter

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Monday after U.S. government data showed last week’s slaughter was bigger than the previous week’s, despite a fire that shuttered a Kansas beef plant. The U.S. Department of Agriculture estimated the weekly U.S. cattle slaughter through Saturday at 651,000 head, up from […] Read more


U.S. livestock: CME hogs limit down on demand concerns

Chicago | Reuters — CME lean hog futures fell sharply on Friday, with the most-active October contract notching a limit-down move as traders worried that seasonal growth in supplies will outstrip demand. Weakness in the cash market also spilled over into the futures, traders said. The demand concerns stemmed from uncertainty about potential purchases from […] Read more

U.S. livestock: Hog futures sink to five-month low

Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures fell to a five-month low on Thursday, pressured by big supplies that overwhelmed any optimism about news that China made its biggest purchases of U.S. pork in seven weeks, traders said. The world’s largest pork consumer bought 10,211 tonnes of U.S. pork between Aug. 2-8 […] Read more