It appears finishing feedlots and cattle buyers are coming to terms with the fact that the COVID-19 pandemic may last longer than earlier anticipated. The “hope” factor that this environment […] Read more
Tag Archives feeder cattle
Klassen: Weaker fed cattle prices weigh on feeder market
Beef Farmers of Ontario ask for curb on cull sales
BFO concerned over processing 'backlogs'
Updated, April 15 — Ontario’s cattle producer organization is asking members to consider delaying sales of cull cows until market conditions “normalize.” Beef Farmers of Ontario’s board on Thursday published […] Read more
U.S. livestock: June hogs, cattle plunge limit down
COVID-19 shuts more U.S. meat processors
Chicago | Reuters — U.S. livestock futures tumbled on Monday on worries about declining U.S. meat processing capacity after Smithfield Foods announced Sunday it would indefinitely shut one of its […] Read more
U.S. livestock: Futures slide as COVID-19 worries roil market
Concerns over meat processing pace drag on cattle, hogs
Chicago | Reuters — U.S. livestock futures slumped again on Thursday, volatility roiling the market as it faced resistance over surging stocks and growing concerns that meat packers will close […] Read more
USDA to probe surging beef prices versus falling cattle prices
Tyson says will co-operate with department's investigation
Chicago | Reuters — The U.S. Agriculture Department will investigate why a surge in beef prices because of coronavirus-related hoarding did not translate into higher cattle prices for farmers, Agriculture […] Read more
U.S. livestock: Bargain-buying investors rally cattle futures, again
CME June lean hogs down on day
Chicago | Reuters — U.S. cattle futures surged for a second straight session on Wednesday, as investors kept snapping up deep discounts in futures prices, traders said. Lean hog future […] Read more
U.S. livestock: Futures surge as investors snap up discounts
June live cattle limit up off Monday's limit-down drop
Chicago | Reuters — U.S. livestock futures surged on Tuesday — with live cattle futures up to their 4.5-cent expanded limit — as steep discounts in futures prices over the […] Read more
Klassen: Feeder market lacks buying interest
Market gives in to pressure from Chicago futures
Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a […] Read more
U.S. livestock: Live cattle futures drop as pandemic roils markets
Technical buying lifts hogs, feeder cattle
Chicago | Reuters — U.S. live cattle futures plunged to their daily trading limit on Monday — with prices for the front-month contract hitting the lowest seen since December 2009 […] Read more
U.S. livestock: Hog futures hit 17-1/2-year low
Cattle also sink as virus measures disrupt markets
Chicago | Reuters — U.S. hog futures fell on Friday to the lowest point since late 2002 on tumbling pork prices and slowing slaughter rates as measures to control the […] Read more