Compared to last week, western Canadian feeder cattle prices were steady to $3 lower on average. Many auction barns were on holidays last week. Auctions that did hold sales had […] Read more
Tag Archives feeder cattle

Klassen: Feeder market softens on limited volumes

U.S. livestock: Hogs limit up on firming cash pork, China hopes
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures roared higher on Tuesday, with the most-active August and October contracts settling up by the daily three-cent-per pound limit […] Read more

U.S. livestock: CME lean hogs down on ample supplies
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Monday for a third straight session as plentiful U.S. hog and pork supplies continued to weigh […] Read more

U.S. livestock: CME live cattle jump on firmer cash trade
Chicago | Reuters –– Chicago Mercantile Exchange (CME) live cattle futures settled higher on Friday and set a one-month top, buoyed by higher cash cattle trades in northern states including […] Read more

U.S. livestock: CME lean hogs end down, live cattle up
Chicago | Reuters –– Chicago Mercantile Exchange (CME) lean hog futures closed lower on Wednesday on technical selling including profit-taking and long liquidation ahead of the U.S. Independence Day holiday, […] Read more

U.S. livestock: Nearby lean hogs firm on bargain-buying, China hopes
Chicago | Reuters — Chicago Mercantile Exchange (CME) nearby lean hog futures closed higher on Tuesday for a second session on technical buying after last week’s multimonth lows and hopes […] Read more

Klassen: Feeder market enters summer doldrums
Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands […] Read more

U.S. livestock: Lean hogs up on trade hopes, falling corn prices
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Monday on a mix of technical buying, falling corn prices and muted optimism about the weekend resumption […] Read more

U.S. livestock: Nearby lean hogs drop on continued herd expansion
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday, with nearby contracts pressured by plentiful supplies of hogs and pork and deferred months buoyed […] Read more

U.S. livestock: Hogs up before USDA confirms herd expansion
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied on Thursday on short-covering and position squaring near the end of the month and quarter after prices hit […] Read more