Western Canadian feeder cattle markets were quite variable over the past week. Auction barns in Manitoba and Saskatchewan remain in holiday mode. However, markets are coming to life in Alberta. […] Read more
Tag Archives feeder cattle

Klassen: Strong demand surfacing for feeder cattle

U.S. livestock: CME live cattle retreat on softer cash price outlook
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday on expectations for lower prices for slaughter-ready, or cash, cattle this week amid ample supplies, traders said. […] Read more

U.S. livestock: Bargain buying pares some live cattle losses
Chicago | Reuters — Chicago Mercantile Exchange contracts on Friday landed in positive territory for the first time in five sessions, helped by short-covering and bargain buying, said traders. “We’ve […] Read more

Klassen: Feeder market anticipates higher feed grain prices
Compared to last week, Western Canadian yearling prices were steady to $5 higher. Across the prairies, strong demand was noted on limited offerings. Most auction barns are gearing up for […] Read more

Klassen: Calm feeder market prior to fall run
Western Canadian feeder cattle markets were hard to define over the past week given the limited numbers on offer. Most sale barns remain in holiday mode and the few cattle […] Read more

Klassen: Feeder market firm despite outside influences
Western Canadian feeder cattle markets were unchanged from week-ago levels despite the strengthening Canadian dollar, stronger feed grain values and weaker fed cattle prices. Feedlot operators are wondering if this […] Read more

U.S. livestock: Improved cash prices lift CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished firmer on Friday, led by higher cash prices than earlier this week, traders said. Technical buying and futures’ discounts […] Read more

U.S. livestock: Live cattle slump on profit-taking, cash caution
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, erasing most of Wednesday’s gains, pressured by profit-taking and caution while awaiting remaining cash prices, traders […] Read more

U.S. livestock: CME live cattle jump
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained sharply on Wednesday, fueled by short-covering in response to higher-than-expected preliminary cash prices, said traders. They said fund buying […] Read more

U.S. livestock: CME live cattle buckle under technical pressure
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, hit by profit-taking and technical selling, said traders and analysts. They said some funds sold August […] Read more