Chicago Mercantile Exchange live and feeder cattle futures hit contract highs on Wednesday as strong consumer demand for beef and another spike in wholesale boxed beef prices supported an ongoing futures rally.
Cow-calf
U.S. livestock: Cattle futures hit new highs on resilient consumer demand
Canadian Cattle Association focused on CUSMA review as trade talks with U.S. continue
As trade talks with the U.S. continue, the Canadian Cattle Association says it's pleased to see a focus on the upcoming review of the Canada-U.S.-Mexico trade agreement (CUSMA) while maintaining tariff-free access for CUSMA-compliant goods.
U.S. livestock: Cattle futures surge, hogs up
Chicago cattle futures surged on Tuesday to sit just under highs. Hog contracts also made gains.
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.
U.S. livestock: Tight cattle supply helps CME futures rebound from collapse
Chicago Mercantile Exchange live cattle and feeder cattle futures rebounded on Friday from a steep drop during the previous session.
U.S. livestock: Cattle futures retreat from record highs
Chicago Mercantile Exchange live cattle and feeder cattle futures plunged on Thursday in a setback from record highs.
U.S. livestock: Cattle futures set record highs on scarce supplies
Chicago Mercantile Exchange live cattle and feeder cattle futures set record highs on Wednesday as cash prices stayed strong, along with consumers' demand for beef, brokers said.
U.S. livestock: Cattle climb on low inventory, anticipated tariffs
Chicago cattle futures continued to climb, Tuesday, on anticipated tariffs on Brazilian beef and low herd numbers.
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.
U.S. livestock: Cattle climb on low herd numbers, hogs mostly up
Chicago cattle futures continued to climb on Monday after reports on Friday showed a smaller herd than expected. Hogs settled mostly higher.