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Tag Archives feeder cattle


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Lower beef production forecast drives feeder market higher

Feedlots factoring in lower feed grain values

By Jerry Klassen May 16, 2023
Compared to the week ending May 6, western Canadian yearling prices were $2-$4 higher while calf values were up $2 to as much as $8 on average. The feeder market […] Read more

CME July 2023 lean hogs with 20-day moving average (pink line, right column) and CME cash lean hog index (blue line, left column). (Barchart)
Livestock, Markets

U.S. livestock: Lean hogs up two per cent on firm cash markets, short-covering

June live cattle down, later months up

By Julie Ingwersen May 16, 2023
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange rose more than two per cent on Monday on signs of firming cash hog values, rising wholesale pork […] Read more

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

U.S. livestock: Cattle futures rise on falling corn prices

Chicago lean hogs also firm

By Mark Weinraub May 12, 2023
Chicago | Reuters — CME Group cattle futures contracts rallied on Friday as a government forecast for a record-large U.S. corn harvest raised expectations that feeding costs will weaken as […] Read more

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

U.S. livestock: Hog futures fall on weak export data

CME cattle futures mixed

By Mark Weinraub May 11, 2023
Chicago | Reuters — CME Group hog futures fell on Thursday on poor export demand for pork, traders said. Cattle futures were mixed, with live cattle easing on weakening trades […] Read more

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

U.S. livestock: Hog, cattle futures fall on poor fundamental outlook

Corn prices expected to remain weak

By Mark Weinraub May 11, 2023
Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Wednesday, as poor demand for pork smothered any bargain-buying attempts to pull prices away from contract lows hit earlier […] Read more


Photo: Canada Beef Inc.
Livestock

Klassen: Feeder market remains firm on fed cattle strength

Alberta's disastrous wildfires may disrupt calf marketings

By Jerry Klassen May 10, 2023
Compared to last week, western Canadian prices for yearlings over 800 lbs. were quoted steady to $4 higher; feeders between 600-800 lbs. were relatively unchanged while calves under 600 lbs. […] Read more

CBOT June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures rebound on technical bounce

Chicago cattle futures firm

By Mark Weinraub May 9, 2023
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures recovered from contract lows on a round of technical buying on Tuesday, traders said. Traders also noted the recent declines […] Read more

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

U.S. livestock: Hog futures extend losing streak

Feeder cattle turn higher on bargain buying

By Mark Weinraub May 8, 2023
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the fourth straight session on Monday, with the most-active June contract hitting a new low, with traders focused […] Read more


CME June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Weak pork demand knocks lean hogs to contract lows

June live cattle up; feeder cattle down

By Tom Polansek May 5, 2023
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank to contract lows on Friday on concerns over anemic U.S. demand for pork, analysts said. The dramatic price decline […] Read more

CME August 2023 feeder cattle with 10-, 20- and 30-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle stumble to three-week low

June live cattle, lean hogs also lower

By Tom Polansek May 4, 2023
Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures slumped to their lowest price in more than three weeks on Thursday, while live cattle futures also eased. Traders said […] Read more

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