Compared to last week, western Canadian feeder cattle markets were trading $3 lower to as much as $5 higher. Once again, most auction barns were either closed or had limited […] Read more
Tag Archives feeder cattle
Klassen: Renewed optimism supports feeder market
U.S. livestock: Lean hogs draw support from cash price discounts
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished higher on Monday, helped by their discounts to cash prices and technical buying, traders said. Thinly-traded July, which expired […] Read more
U.S. livestock: Short covering lifts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Friday, aided by short covering and futures’ discounts to this week’s better-than-expected cash prices, said traders. CME […] Read more
U.S. livestock: Beef, profit-taking weaken CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts on Thursday eased from Wednesday’s three-cent per pound limit-up settlement, pressured by profit-taking and seasonally struggling wholesale beef values, said […] Read more
U.S. livestock: CME live cattle limit up on cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Wednesday settled up the three cents per pound daily price limit, driven by fund buying and futures’ discounts to […] Read more
U.S. livestock: Fund buying rallies cattle futures
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Tuesday reversed Monday’s losses, supported by short-covering and technical buying, said traders. Funds that follow the Standard + Poor’s […] Read more
Klassen: Feeder market eyes feed grain rally
Western Canadian feeder cattle prices were relatively unchanged from week-ago levels. Limited cattle were on offer with the shortened holiday week, but quality groups were well bid. Feedlot operators have […] Read more
U.S. livestock: Cash price unease pressures CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, weakened by sell stops and uncertainty regarding cash prices later this week, traders said. Funds that […] Read more
U.S. livestock: Cattle rise in rebound on technical buying, cash trades
Chicago | Reuters — U.S. live cattle futures gained more than one per cent on Thursday, rebounding from a two-month low on chart-based technical buying and slightly firmer trades in […] Read more
U.S. livestock: Cattle slump to two-month low
Chicago | Reuters — U.S. live cattle futures extended losses to a more than two-month low on Wednesday as investors liquidated long positions amid declining wholesale beef prices and expectations […] Read more
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