Western Canadian feeder cattle markets were trading $5-$7 above week-ago levels, with higher-quality cattle trading as much as $10 higher. It’s difficult to quarrel with one’s bread and butter; feedlot […] Read more
Tag Archives feeder cattle

Klassen: Feeder cattle prices climbing

U.S. livestock: Cattle, hog futures extend rally on packer demand
Chicago | Reuters — U.S. cattle and hog futures extended gains to fresh multi-month highs on Friday, buoyed by technical buying and strong demand from beef and pork packers, traders […] Read more

U.S. livestock: Hogs, cattle firm on pre-holiday technical buying
Chicago | Reuters — U.S. lean hog futures gained one per cent on Wednesday while live and feeder cattle each rose modestly, boosted by technical buying and good demand from […] Read more

U.S. livestock: Hogs falter on profit-taking after two-month high
Chicago | Reuters — U.S. hog futures eased about one per cent on Tuesday as investors locked in profits after prices earlier climbed to the highest levels in more than […] Read more

Klassen: Feeder cattle jump on positive outlook
Average prices for steer and heifer calves jumped $8-$10 this past week with some buyers reporting values as much as $15 above week-ago levels. Feedlot operators could feel it in […] Read more

U.S. livestock: CME live cattle gain slightly before USDA report
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures nearby contracts posted modest gains on Friday as traders tweaked positions before the U.S. Department of Agriculture’s monthly Cattle on […] Read more

U.S. livestock: CME live cattle reach another two-month high
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a two-month high for a second straight day on Thursday, buoyed by this week’s stronger-than-anticipated cash prices, traders said. […] Read more

U.S. livestock: Strong cash prices boost CME live cattle
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday reached their highest level in two months, driven by fund buying and better-than-expected cash prices, said traders. December […] Read more

U.S. livestock: Ample supplies drop hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday fell for a third consecutive session, dragged down by weaker cash and wholesale pork prices amid abundant seasonal […] Read more

Klassen: Strong demand underpins feeder market
Western Canadian feeder cattle markets traded steady to $3 above week-ago levels; however, weaned lower-flesh calves were $3 to as much as $6 higher. Southern Alberta calf sales are winding […] Read more