Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values […] Read more
Tag Archives futures

U.S. livestock: Cattle at fresh highs, hogs weaken

U.S. Grains: Wheat ends up after hitting five-year low
Chicago Board of Trade wheat futures ended higher on Tuesday after falling to a five-year low on abundant global supplies. Corn also higher, while soybeans end down.

U.S. grains: Soybeans gain on lackluster harvest sales, lower yield outlook
Chicago | Reuters — U.S. soybean futures rose for a second straight day on Wednesday on expectations that U.S. harvest yields will be lower than the latest government forecast and […] Read more

Klassen: Feeder market makes another leg higher
For the week ending August 23, Western Canadian feeder cattle markets traded $5 to $10 higher on average compared to seven days earlier. In some locations such as Lethbridge, larger packages of quality yearlings traded $10 to as much as $20/cwt higher.

U.S. grains: Corn, soybeans rise on short-covering ahead of weekend, crop tour
U.S. corn and soybean futures rose on Friday on short-covering ahead of the weekend and a closely followed crop tour set to begin surveying fields across the Midwest next week.

Klassen: Strong demand supports feeder complex
For the week ending August 9, Western Canadian feeder cattle markets traded $5 to $10 higher on average. Many weight categories notched fresh record highs. Ontario demand was evident across western Canada for calves and yearlings.

Klassen: Feeder market in price discovery mode
For the week ending August 2, Western Canadian feeder cattle markets traded steady to as much as $10 higher. Quality yearling packages off grass were up as much as $15 in some cases. Prices for similar weight cattle were quite variable across the Prairies, which made the market hard to define. The market appears to be in price discovery mode for the grass yearling market.

Klassen: Lower U.S. calf crop supports Canadian feeder cattle market
For the week ending July 26, Western Canadian feeder cattle markets were relatively unchanged from seven days earlier. Yearlings off grass weighing 900 pounds plus were very strong and may have been up $3 to $5 from the previous week.

Klassen: Lower feed grain prices set to enhance feeder cattle prices
For the week ending July 19, Western Canadian feeder cattle markets were unchanged from the previous week, although volumes were limited.

Klassen: Western Canadian calf markets surge on New World screwworm fears
For the week ending July 12, Western Canadian yearling markets traded steady to $5 higher compared to seven days earlier. Calves weighing 550-800 pounds were quoted $5 lower to as much as $10 higher.