For the week ending April 19, Western Canadian feeder cattle markets traded $2 to $3 above week-ago levels. Many auction barns did not have sales due to Good Friday but sale volumes were also smaller at active locations.
Tag Archives feeder cattle
Klassen: Fall fed cattle supply concerns strengthen feeder complex
Klassen: Feeder market returns to historical highs
For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward.
U.S. livestock: Prices push upward; boxed beef slips back
Boxed beef slips back
Live and fed cattle futures and those for lean hogs on the Chicago Mercantile Exchange were higher on Friday.
U.S. livestock: Losses for cattle, upswing in hog prices
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower […] Read more
U.S. livestock: Closing higher after Trump announces tariff pause
But boosts duties on China to 125 per cent
Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken […] Read more
U.S. livestock: Prices mixed amid upticks in futures and equities
Boxed beef prices either side of steady as well.
Live and fed cattle futures on the Chicago Mercantile Exchange were largely mixed on Tuesday, not quite able to fully join the upswing in the futures and equities markets. United States President Donald Trump is determined to add another 50 points to its tariffs on the country’s imports from China. Together with previous and current […] Read more
Klassen: Feeder market experiences volatility during U.S. tariff week
During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
U.S. livestock: Tariffs pull down beef, pork
Export sales, monthly census reports issued
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, following the trend in most North American futures and stock markets. The downturn came after United States President Donald Trump announced his wide-ranging reciprocal tariffs on Wednesday. Meanwhile, the U.S. Department of Agriculture issued its export sales report for the week […] Read more
Klassen: Healthy feedlot margins supports feeder complex
For the week ending March 29, Western Canadian feeder cattle markets traded $5/cwt lower to $5/cwt higher compared to seven days earlier. The price structure was largely determined by the crowd's mindset regarding potential U.S. tariffs.
Klassen: Feeder cattle follow live cattle futures higher
For the week ending March 22, Western Canadian feeder cattle markets traded steady to $5 higher on average. Higher quality strings under 600 pounds traded $5 to as much as $10 higher in some cases but the lighter weight categories were quite variable across the Prairies.
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