Chicago | Reuters — U.S. hog futures dropped to a 3-1/2 year low on Thursday while cattle tumbled as recession concerns and surging U.S. unemployment due to the coronavirus pandemic […] Read more
Tag Archives feeder cattle
U.S. livestock: Hog futures drop to 3-1/2 year low
Cattle also limit down on coronavirus pandemic
U.S. livestock: Cattle, hogs limit down on coronavirus fears
Market has to 'reevaluate' supply/demand picture
Chicago | Reuters — U.S. livestock futures on the Chicago Mercantile Exchange (CME) plunged by their daily trading limits on Wednesday as stricter coronavirus emergency measures hammered stock markets and […] Read more
U.S. livestock: Cattle futures jump in end-of-month, -quarter rebound
Lean hog futures up in most months
Chicago | Reuters — U.S. live cattle futures rallied by as much as the daily three-cent trading limit on Tuesday in an end-of-month and end-of-quarter profit-taking bounce following a steep […] Read more
Klassen: Feeder market experiences fortuitous bounce
Last week, the feeder market started on a very sluggish tone. Buyers were sitting back waiting for the market to establish direction. By Friday, yearling prices were up $2-$4 compared […] Read more
U.S. livestock: April hogs limit down, cattle ease
Chicago | Reuters — U.S. lean hog futures on Monday sank by an expanded daily limit and cattle futures weakened on increased concerns that slaughterhouses will close due to the […] Read more
U.S. livestock: Hog, cattle futures dive as volatile trade continues
Chicago | Reuters — U.S. lean hog futures tumbled on Friday, with several contracts falling the expanded daily limit of 4.5 U.S. cents/lb. on worries about a slowdown in demand […] Read more
U.S. livestock: Hogs limit down as grocery panic eases
Widespread layoffs raise concern over beef demand
Chicago | Reuters — U.S. lean hog futures fell their daily three-cent limit on Thursday on signs that a consumer meat-buying frenzy has cooled, allowing traders to re-focus on plentiful […] Read more
U.S. livestock: Cattle futures end mostly lower
Hogs also ease as rally pauses
Chicago | Reuters — Benchmark June live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday for the first time in five sessions as the market paused after […] Read more
U.S. livestock: Cattle limit up on beef demand, strong packer margins
Cash hog prices up, pork cutout down
Chicago | Reuters — U.S. live cattle futures settled up their expanded daily limit on Tuesday as traders continued to react to soaring profit margins for beef packers that should […] Read more
Klassen: Feeder market remains vulnerable
Compared to last week, western Canadian feeder cattle prices were quite variable. Compared to seven days earlier, Alberta feeder prices were unchanged to $5 lower; however, the markets in northern […] Read more