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Tag Archives feeder cattle


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: U.S. feeder markets pull Canadian values higher

Feedlots aggressively seek U.S. corn

By Jerry Klassen July 4, 2023
For the week ending July 1, western Canadian feeder markets traded $2-$5/cwt higher compared to seven days earlier. Quality groups of yearlings were up $8-$10/cwt from a week earlier. South […] Read more

CME August 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle firm on choppy corn trade

Live cattle, lean hogs mixed

By P.J. Huffstutter July 3, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start […] Read more

CME October 2023 live cattle with 20-day moving average and August 2023 live cattle (dark red line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle up as corn prices slide

Chicago lean hog futures end mixed

By Julie Ingwersen July 1, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high on Friday, lifted by a surge in feeder cattle futures as corn prices tumbled, traders said. […] Read more

CME August 2023 lean hogs with 100-day moving average and October 2023 lean hogs (brown line). (Barchart)
Livestock, Markets

U.S. livestock: CME nearby hog futures up ahead of herd data

Cattle up on bullish fundamentals

By Julie Ingwersen June 30, 2023
Chicago | Reuters — Chicago Mercantile Exchange nearby lean hog futures ended higher on Thursday, as wholesale pork prices rose, cash hog prices firmed and traders awaited quarterly hog data […] Read more

CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle climb on firm cash markets

Chicago lean hogs end mixed

By Julie Ingwersen June 29, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher for a second session on Wednesday, lifted by strength in the cash market tied to tightening U.S. cattle supplies, […] Read more


CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle end higher, lean hogs mixed

Wholesale beef prices seen softening

By Julie Ingwersen June 28, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday, rallying after a two-session slide as corn prices dropped and feeder cattle surged, but softening wholesale beef […] Read more

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Fed market supports feeder complex

Strength in loonie tempers market upside

By Jerry Klassen June 27, 2023
For the week ending Saturday, western Canadian yearlings over 800 lbs. were relatively unchanged. Feeder cattle in the range of 600-700 lbs. were up $4-$8/cwt. The market was hard to […] Read more

CME August 2023 live cattle with 20- and 100-day moving averages and October 2023 live cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle weak on large May placements

Slowing beef demand also a factor

By Karl Plume June 27, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended flat to lower on Monday on larger-than-expected feedlot placements in May and expectations for slower demand for beef for […] Read more


CME August 2023 feeder cattle with 30-, 40- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Feeder cattle rally as corn prices sag

Live cattle, lean hogs down

By Mark Weinraub June 24, 2023
Chicago | Reuters — CME Group feeder cattle contracts rallied on Friday, their second day of gains, as weakening corn prices cut into feed costs and boosted profit margins at […] Read more

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

U.S. livestock: Cattle futures rise, hogs fall

Feeder cattle back in Bollinger range

By Mark Weinraub June 22, 2023
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures firmed on Thursday, rebounding from a sharp decline a day earlier on support from weakness in the corn market. Live […] Read more

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