Compared to last week, western Canadian yearling prices were down $4-$6 on average; however, mid-weight and lighter calves traded $4 lower to as much as $8 higher. The market was […] Read more
Tag Archives feeder cattle
Klassen: Feeder market experiencing bottoming behaviour
U.S. livestock: Cattle futures surge on COVID-19 vaccine progress
USDA expected to trim estimates for feed crops
Chicago | Reuters — U.S. live cattle futures reached a four-week high on Monday and feeder cattle hit their highest prices in more than five weeks as progress toward a […] Read more
U.S. livestock: Live cattle futures up despite slower slaughter
December lean hog futures drop
Chicago | Reuters — U.S. live cattle futures gained slightly on Friday after a week of range trading, traders said. Chicago Mercantile Exchange December live cattle futures settled 0.3 cent […] Read more
U.S. livestock: Live cattle futures up with boxed beef prices
Domestic consumption supportive for hogs
Chicago | Reuters — U.S. live cattle futures climbed on Thursday, supported by higher cash cattle and wholesale beef prices, traders said. Chicago Mercantile Exchange December live cattle futures settled […] Read more
U.S. livestock: Cattle futures up on firm cash, export hopes
Lower supplies in cold storage support hogs
Chicago | Reuters — U.S. live and feeder cattle futures gained on Wednesday as strong export optimism supports production through the end of the year, traders said. Chicago Mercantile Exchange […] Read more
U.S. livestock: Cattle futures trim back on election uncertainty
Pork fundamentals still bearish on hogs
Chicago | Reuters — U.S. live and feeder cattle futures fell on Tuesday in a round of profit-taking ahead of an uncertain U.S. presidential election, analysts said. Chicago Mercantile Exchange […] Read more
Klassen: Feeder market remains under pressure
Pre-election commodity trading in 'risk-off' mode
Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average; calves under 650 lbs. appeared to trade $3-$8 lower with significant pressure on the weight category […] Read more
U.S. livestock: Live cattle up with wholesale beef prices
Chicago | Reuters — U.S. live cattle futures inched higher on Monday as rising wholesale beef prices buoyed the market in light-volume trade, analysts said. Chicago Mercantile Exchange December live […] Read more
U.S. livestock: Live cattle edge higher in subdued trade
Chicago hogs end mixed
Chicago | Reuters — U.S. live cattle futures closed higher on Friday for a fourth straight session, supported by follow-through technical buying after Thursday’s strong close and brisk demand for […] Read more
U.S. livestock: Live cattle futures jump on tightening supplies
Lower wholesale pork values drag on hogs
Chicago | Reuters — U.S. live cattle futures closed higher on Thursday on expectations that tight cattle supplies and rising demand for beef will buoy cash cattle markets, analysts said. […] Read more