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Tag Archives feeder cattle


CME October 2023 live cattle with 20-day moving average (pink line, right index) and CME October 2023 feeder cattle (dark red line, left index). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle up on cash optimism, heat risk

Lean hogs also up on strong pork prices

By Christopher Walljasper August 24, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, supported by concerns about heat stress in the U.S. Plains, as well as optimism in the cash […] Read more

Photo: ARS/USDA
Livestock, Markets

U.S. livestock: CME lean hogs dip as seasonal pressures mount

Live cattle futures eased slightly as cash trade remains light

By Christopher Walljasper August 23, 2023
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell for a third session on Wednesday, as seasonal pressure mixed with weaker pork prices, analysts said. “This time of […] Read more

CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle ease, heat impacts in focus

Seasonal hog supplies pressure futures

By Christopher Walljasper August 22, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, […] Read more

(Geralyn Wichers photo)
Livestock, Markets

Klassen: Feedlots aggressively secure ownership

StatCan cattle inventory report due out soon

By Jerry Klassen August 22, 2023
Compared to last week, yearlings straight off grass sold $3-$5 higher on average. In certain cases, larger groups of higher quality genetics traded $8-$12 above week-ago levels. Auction markets had […] Read more

CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle climb on fewer feedlot placements

Lean hog futures down with cash prices

By Christopher Walljasper August 21, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second session on Monday, supported by a bigger-than-expected drop in cattle placements in July, reported after market […] Read more


CME October 2023 live cattle with 10-, 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle recover from six-week low

U.S. cattle-on-feed data seen as supportive

By Tom Polansek August 19, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday after dropping to a six-week low, as traders adjusted positions before a government report showed lower-than-expected […] Read more

CME October 2023 live cattle with 20-, 50- and 75-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: October live cattle futures lowest since July

October hogs up almost a cent

By Tom Polansek August 17, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat […] Read more

CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle set two-week low

Lean hogs touch June low

By Tom Polansek August 16, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since […] Read more


CME October 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: Technical selling extends setback in CME lean hogs

Live cattle futures generally sideways

By Tom Polansek August 15, 2023
Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures […] Read more

(Geralyn Wichers file photo)
Livestock, Markets

Klassen: Feeder market consolidates

USDA report considered supportive for Q4 fed cattle

By Jerry Klassen August 15, 2023
Compared to last week, western Canadian yearling markets traded $2-$3/cwt on either side of unchanged. The steam appears to be coming off the market as larger volumes become available. Pastures […] Read more

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