Chicago | Reuters — Chicago Mercantile Exchange cattle futures surged on Wednesday on technical buying and short-covering, spurred in part by higher-than-expected prices at a weekly cattle sale, traders said. […] Read more
Tag Archives feeder cattle
U.S. livestock: CME live cattle jump on short-covering
U.S. livestock: CME nearby hogs hit contract high
Chicago | Reuters — Chicago Mercantile Exchange February lean hog futures rose nearly three per cent on Tuesday and set a contract high, buoyed by firmer cash hog prices and […] Read more
Klassen: Feeder market lacks demand in new tax year
Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought […] Read more
U.S. livestock: Hogs turn up on short-covering, bargain buying
Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Friday after short covering and bargain buying pared some of the market’s recent losses tied to fears about […] Read more
U.S. livestock: Fund selloff, NAFTA concerns extend hog losses
Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower for a second straight day on Thursday, pressured by fund liquidation and jitters about NAFTA talks, said traders. On […] Read more
U.S. livestock: NAFTA worries drag CME hogs from one-year high
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday slid from a one-year top earlier in the session, rattled by fund selling and Canadian government concerns over NAFTA […] Read more
U.S. livestock: CME live cattle mount late-session rally
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed moderately higher on Tuesday, following late-day short-covering and bargain hunting after three sessions of losses, said traders. Futures initially drew […] Read more
U.S. livestock: Cash prices propel CME hogs to one-year high
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Monday reached their highest level in almost a year as packers competed for supplies during the first full week of […] Read more
Klassen: Fed cattle market leads feeders higher
Alberta packers were buying fed cattle in the range of $280-$282 delivered on a dressed basis, which equates to $168-$171 on a live basis. Yearlings bought last summer are bringing […] Read more
Klassen: Feeder market remains firm into 2018
Western Canadian feeder cattle markets experienced limited activity over the past week because most auction barns were closed for the holiday season. There was some reported activity in certain regions […] Read more
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