Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed up their three-cents-per-pound daily price limit, ignited by active short-covering and bargain hunting after contracts recently tumbled […] Read more
Tag Archives feeder cattle
U.S. livestock: Bargain hunters send CME live cattle, feeders limit up
Klassen: Narrow margins weigh on feeder market
Western Canadian feeder cattle prices were under pressure the week ending Sept. 19, trading $5 to as much as $10 lower compared to seven days earlier. Negative feeding margins along […] Read more
U.S. livestock: CME live, feeder cattle sink to new contract lows
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped to fresh contract lows on Wednesday, and October dropped by the three-cent-per-pound daily price limit, on liquidation ahead of […] Read more
U.S. livestock: CME hogs climb as cash prices firm
Chicago | Reuters — Chicago Mercantile Exchange lean hogs climbed four per cent on Tuesday, pulled up by short-covering following the recent bump in cash prices that may have ended […] Read more
Klassen: Feeder cattle market momentum eases
The upward momentum in the feeder cattle complex appears to have subsided over the past week. Western Canadian prices were relatively stable with week-ago levels but there were cases of […] Read more
U.S. livestock: Lean hogs surge on pork export optimism
Chicago | Reuters –– U.S. lean hog futures surged about five per cent on Monday, reversing from one-month lows on investor optimism that a weaker dollar would spark increased export […] Read more
Klassen: Major operations aggressively bid feeder cattle
The feeder cattle market in a world of its own but has a fair amount of new information — mostly negative — to digest as the fall run moves into […] Read more
Klassen: Feeder cattle market tenacious
Western Canadian feeder cattle prices appeared to shrug off all negative economic news and divorce from the fed cattle complex this past week. Volumes were once again quite thin, characterized […] Read more
Klassen: Softer fed cattle market weighs on feeder prices
Western Canadian feeder cattle traded at similar levels to seven days earlier on very light volumes and little buying interest. Most auction barns were closed and cattle buyers are on […] Read more
Klassen: Feeder cattle prices stabilize
Western Canadian feeder cattle prices found some footing this past week trading at similar levels to seven days earlier. Auction market volumes consisted of stragglers and late bloomers with minimal […] Read more