Western Canadian feeder cattle markets experienced a precipitous bounce over the past week. Compared to seven days earlier, yearling traded $4-$6 higher; calf markets were trading $3 to as much […] Read more
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Tag Archives feeder cattle
Klassen: Feeder cattle market surges
U.S. livestock: Hogs at two-month high on packer demand
Chicago | Reuters — U.S. lean hog futures rose to a two-month high on Monday as cash prices extended their climb on strong demand from the expanded pork processing sector, […] Read more
U.S. livestock: CME live cattle mostly weaker on consolidation
Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts landed in modestly bearish territory on Friday amid pre-weekend consolidation after investors digested this week’s cash prices, said traders. […] Read more
U.S. livestock: CME live cattle slump, cash prices disappoint
Chicago | Reuters –– Chicago Mercantile Exchange live cattle on Thursday reversed some of their recent gains, pressured by profit-taking following this week’s initial cash prices that fell short of […] Read more
U.S. livestock: Hogs rise on stronger cash markets
Chicago | Reuters — Chicago Mercantile Exchange lean hogs climbed for the second straight session on Wednesday, buoyed by short-covering and rising cash hog prices, traders and analysts said. Live […] Read more
U.S. livestock: Cattle, hogs jump on spreading, packer demand
Chicago | Reuters — U.S. live cattle and lean hog futures rose more than one per cent on Tuesday, lifted by spreading and investment fund buying backed up by robust […] Read more
Klassen: Friendly beef price outlook supports feeder market
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
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