Alberta fed cattle prices surged $11-$12 this past week, with packers buying fed cattle in the range of $262-$264 on a dressed basis. While most feedlot operations are carrying sufficient […] Read more
Tag Archives feeder cattle

Klassen: Stronger fed cattle market underpins feeder complex

U.S. livestock: Cash prices fuel higher CME live cattle futures
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed up 2.3 per cent, their biggest one-day gain in over a month, after packers paid more for […] Read more

U.S. livestock: CME live cattle rebound
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday after short-covering and fund buying pared Wednesday’s losses, said traders. Expectations for steady to weaker prices […] Read more

U.S. livestock: CME live cattle give back some Tuesday gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Wednesday after softer wholesale beef demand and this week’s expectations for steady-to-lower cash prices erased some of […] Read more

U.S. livestock: CME live cattle halt eight-session skid
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Tuesday for the first session in the past nine, aided by short-covering and fund-buying, traders said. “I […] Read more

Klassen: Feeder cattle market falters
Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, […] Read more

U.S. livestock: CME hogs at three-month low on cash, pork prices
Chicago | Reuters — Chicago Mercantile Exchange lean hogs drifted to a three-month bottom on Monday, in response to lower cash and wholesale pork prices, said traders. Sell stops and […] Read more

U.S. livestock: Live cattle extend slide on long liquidation
Chicago | Reuters –– Chicago Mercantile Exchange February live cattle futures fell on Friday for a seventh straight session on technical selling including fund long liquidation and uncertainty about near-term […] Read more

U.S. livestock: Live cattle sag for sixth straight session
Chicago | Reuters — Chicago Mercantile Exchange February live cattle futures fell Thursday for a sixth straight session, pressured by fund-driven long liquidation, falling cash cattle prices and softening wholesale […] Read more

U.S. livestock: Lower cash, pork prices pull down CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished lower on Wednesday, pressured by weaker cash and wholesale pork prices, said traders. Fund liquidation further weighed on the market, […] Read more