Western Canadian feeder cattle were actively trading $3-$5 higher compared to week-ago levels. Order buyers felt like they were groping in the dark but realized there was a fair amount […] Read more
Tag Archives feeder cattle
Klassen: Fed cattle uncertainty restricts upside in feeders
U.S. livestock: Cattle fall most in three weeks on U.S. placements
Chicago | Reuters — U.S. live cattle futures notched their biggest losses in about three weeks on Monday in a sell-off triggered by government data showing larger numbers of cattle […] Read more
U.S. livestock: CME live cattle sag before USDA report
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled weaker on Friday ahead of the U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, […] Read more
U.S. livestock: CME hogs tumble after again nearing six-month high
Chicago | Reuters — Chicago Mercantile Exchange lean hogs ended sharply lower on Thursday pressured by weaker initial cash prices and fund liquidation, but not before futures approached a six-month […] Read more
U.S. livestock: CME lean hogs surge to near six-month high
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday climbed to their highest level in almost six months, fuelled by short-covering following strong cash and wholesale pork prices, […] Read more
U.S. livestock: CME live cattle slide on cash price unease
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled lower on Tuesday, weighed by caution ahead of this week’s cash prices, said traders. They said sell stops and […] Read more
Klassen: Feeder cattle market between hammer and anvil
The western Canadian feeder cattle market was hard to define this past week. Heavier feeder cattle were $3 lower to as much as $4 higher compared to week-ago levels; however, […] Read more
U.S. livestock: Technical selloff sends CME hogs lower
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed weaker on Monday, partly pressured by sell stops and fund liquidation, said traders. February hogs ended 0.3 cent/lb. lower […] Read more
U.S. livestock: CME live cattle end four-day win streak
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled in negative territory on Friday for the first time in five days, led by sell stops and profit-taking, said […] Read more
U.S. livestock: Cash prices push CME live cattle higher
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures moved higher for a fourth straight session on Thursday, driven by this week’s cash price surge, traders said. February live […] Read more