Western Canadian feeder cattle prices traded steady to as much as $5 lower over the past week. Early in the week, buyers incorporated a risk discount due to the extremely […] Read more
Tag Archives feeder cattle
Klassen: Tenacious feeder market softens on supply forecasts
U.S. livestock: CME live cattle brace for possible weak cash prices
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures sagged on Monday in advance of potentially lower cash prices this week as packers attempt to recover lost profits, said […] Read more
U.S. livestock: Fund liquidation undercuts CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, hit by sell stops and fund selling after drifting below technical support levels, said traders. February […] Read more
U.S. livestock: CME live cattle end firmer
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher on Thursday, helped by technical buying and this week’s steady-to-firmer cash prices, said traders and analysts. They said […] Read more
U.S. livestock: Initial cash prices drop CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower on Wednesday, pressured by softer wholesale beef values and some preliminary cash prices that fell short of expectations, […] Read more
U.S. livestock: CME hog futures again reach new highs
Chicago | Reuters — Chicago Mercantile Exchange February lean hogs on Tuesday scored a fresh contract high, and deferred months scored new monthly tops, led by brisk wholesale pork demand […] Read more
U.S. livestock: Cash, pork prices boost CME hogs to new highs
Chicago | Reuters — Chicago Mercantile Exchange lean hog February futures scored a fresh contract high and deferred contracts scored monthly highs on Monday, fuelled by firmer cash and wholesale […] Read more
Klassen: Feeder cattle markets digest USDA inventory report
Western Canadian feeder cattle markets traded $5 higher to as much as $10 lower compared to week-ago levels. The U.S. Department of Agriculture’s Cattle on Feed report, along with U.S. […] Read more
U.S. livestock: Hogs extend gains on packer demand
Chicago | Reuters — U.S. lean hog futures extended gains to a fresh seven-month high on Thursday, lifted by strong pork packer demand, while cattle futures also climbed in a […] Read more
U.S. livestock: Hogs jump on pork gains
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged three per cent to a seven-month high on Tuesday as rising pork and cash hog prices triggered investment fund […] Read more