Western Canadian feeder cattle markets traded $5-$8 above week-ago levels. The first major yearling sales occurred in southern Alberta, which appeared to kick-start the buying momentum. Alberta fed cattle prices […] Read more
Tag Archives feeder cattle
Klassen: Lethbridge demand drives up yearling market
U.S. livestock: Cattle mostly firm on short covering
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly higher on Friday, lifted by end-of-week short covering following a decline to nine-month lows a day earlier, traders […] Read more
U.S. livestock: Short-covering, bargain buying boost CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday after bargain buyers and investors covering short positions reversed Tuesday’s slide to an 8-1/2 month low, […] Read more
Klassen: Feeder market softens on trade comments
Compared to last week, western Canadian yearling prices steady to $5 lower while calves traded steady to as much as $10 lower. Alberta feedlots were shopping across the Prairies; light […] Read more
U.S. livestock: Supplies drag CME hogs to eight-month low
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday were weakened by falling prices for slaughter-ready, or cash, hogs along with softer wholesale pork values as supplies […] Read more
U.S. livestock: Live cattle gain before USDA report, but off highs
Chicago | Reuters — Chicago Mercantile Exchange live cattle posted modest gains on Friday after investors tweaked positions before the U.S. Department of Agriculture’s monthly Cattle on Feed report at […] Read more
U.S. livestock: CME live cattle snap back from nine-month low
Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher on Thursday after short-covering and bargain buying rescued futures from a nine-month low earlier in the session, said traders. […] Read more
U.S. livestock: CME live cattle resume trek to nine-month low
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday hit a nine-month low for the fourth time in the past five sessions, led by seasonally soft wholesale […] Read more
U.S. livestock: CME live cattle break four-session losing skid
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday settled higher for the first time in five sessions, spurred by short-covering and bargain buying, said traders. Some […] Read more
Klassen: Yearlings define feeder market
Western Canadian feeder cattle markets became more established this past week as early yearling sales captivated major feedlot operators. Prices were relatively unchanged from week-ago levels; however, larger volumes confirmed […] Read more