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
Tag Archives feeder cattle
U.S. livestock: CME live cattle gain slightly before USDA report
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
U.S. livestock: CME live cattle finish mostly firmer
Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts on Monday finished modestly higher after investors sold December futures and simultaneously bought deferred months in a trading strategy […] Read more
Klassen: Feeder cattle markets establish fundamental equilibrium
Western Canadian feeder cattle markets were relatively unchanged from week-ago levels as most auction barns held featured or pre-sort calf sales. However, premiums of $3 to as much as $8 […] Read more
U.S. livestock: Hogs surge on technical buying, cattle mostly higher
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures soared three per cent on Wednesday, rebounding on technical buying from the steep losses seen in the previous session, traders […] Read more
U.S. livestock: CME live cattle leap to one-month high
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday reached their highest level in a month, driven by short-covering and recent increase in wholesale beef values, said […] Read more
Klassen: Feeder market bounces off the lows
Western Canadian feeder cattle markets experienced a week-over-week gain of $5 to $8. Strength in live cattle futures, along with the weaker Canadian dollar, rejuvenated buying interest amongst feedlot operators […] Read more