Compared to last week, yearling prices were $2 to as much as $5 higher, while calf markets traded $3-$7 above week-ago levels. The yearling run is coming to a close […] Read more
Tag Archives feeder cattle
Klassen: Friendly beef price outlook supports feeder market
U.S. livestock: Hog futures plunge on spreading, cash markets
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures tumbled by about three per cent on Friday, weighed down by spreading and abundant supplies that pressured cash markets, traders […] Read more
U.S. livestock: Most CME live cattle futures gain on spreads
Chicago | Reuters — Chicago Mercantile Exchange live cattle gained modestly on Wednesday during a trading strategy known as bear spreading in which investors sold October futures and simultaneously bought […] Read more
U.S. livestock: Cash, pork prices send CME hogs higher
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a second day in a row on Tuesday, strengthened by upward-trending prices for market-ready, or cash, hogs and […] Read more
U.S. livestock: Bargain hunters, fund buying boost CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished sharply higher on Monday, fueled by bargain buying in the technically oversold market, said traders. They said funds helped […] Read more
Klassen: Feeder market holds values through volatility
Buyers kept a respectful distance from the market early in the week. Western Canadian feeder cattle markets were lackadaisical due to the bearish sentiment of the U.S. Department of Agriculture’s […] Read more
U.S. livestock: CME hogs end quarter mostly higher on short-covering
Chicago | Reuters — The bulk of Chicago Mercantile Exchange lean hog contracts on Friday finished higher in the final trading session for the quarter, ignited by fund buying and […] Read more
U.S. livestock: CME hogs settle mostly lower before USDA report
Chicago | Reuters — Most Chicago Mercantile Exchange lean hog contracts closed lower on Thursday, pressured by profit-taking ahead of the U.S. Department of Agriculture’s quarterly hog report at 2 […] Read more
U.S. livestock: Short-covering pulls up CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday reversed some of their recent losses, with strength from technical buying and investors who covered previously held short […] Read more
U.S. livestock: Cattle limit down after bearish USDA report
Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled about two per cent on Monday after government data on Friday showed bigger-than-expected placements of cattle on feed in August. […] Read more
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