For the week ending September 27, Western Canadian feeder cattle markets traded $10/cwt higher to $10/cwt lower compared to seven days earlier.
Feeders
Klassen: Feeder market remains volatile
U.S. livestock: Hog futures hit contract highs on shock herd decline
Chicago | Reuters – Lean hog futures stormed to contract highs at the Chicago Mercantile Exchange on Friday as smaller-than-expected U.S. inventory numbers stoked concerns about supplies, analysts said. The nation’s inventory on September 1 was 74.5 million head, down 1.3 per cent from a year earlier, the U.S. Department of Agriculture said in a […] Read more
U.S. livestock: Hog futures hit contract high, herd falls short of estimates
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set a contract high on Thursday as strong cash prices supported the market, analysts said. After the trading session ended, the U.S. Department of Agriculture said in a quarterly report the nation’s inventory of hogs and pigs on September 1 was 74.5 million head, down […] Read more
USDA plan to rebuild beef herd will not include producer payments, says farm secretary
The U.S. Department of Agriculture is developing a plan to revitalize the decimated U.S. beef herd, but will not offer payments to producers, Agriculture Secretary Brooke Rollins said on Thursday.
U.S. livestock: Live cattle drop as beef prices, packer margins erode
Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on Wednesday on long liquidation by funds and as sinking beef prices and eroding packer margins weighed on the market. Feeder cattle futures also retreated in a technical correction after four consecutive sessions of gains that were fueled by concerns over tightening U.S. supplies. “We […] Read more
Strong beef demand supports feeder cattle prices
The Markets: Yet-unknown impact of Trump tariffs on U.S. economy is a risk
Strong beef demand supports feeder cattle prices, but Trump tariffs’ effect on the U.S. economy could be a risk to Canadian cattle producers.
U.S. livestock: Hogs rally ahead of USDA report
Chicago lean hog futures rallied on Tuesday ahead of the USDA’s Hogs and Pigs report, due on Thursday. “The report may show a slight increase in total hog population, but analysts are speculating over what other stats may show and mean for futures prices,” the Wall Street Journal reported. The question is if producers expanded […] Read more
Klassen: Feeder market slips off record highs
For the week ending September 20, Western Canadian feeder markets traded steady to $5/cwt lower compared to seven days earlier. There were pockets where quality calf packages traded $10-$15/cwt below prices from the prior week. The October feeder cattle futures have been trading at $15/cwt premium to the deferred March 2026 contract. This inverse in […] Read more
U.S. livestock: Cattle futures higher on screwworm news
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Monday after news that New World screwworm, a flesh-eating parasite, was detected 70 miles from the U.S.-Mexico border, analysts said. Analysts believed the news would mean the U.S.-Mexico border will be closed to feeder cattle imports for the foreseeable future. “It’s bullish […] Read more
Mexico confirms case of New World screwworm in northern state, USDA says
Mexico confirmed a new case of New World screwworm in Sabinas Hidalgo, Nuevo Leon, less than 70 miles (113 km) from the U.S.-Mexico border, the U.S. Department of Agriculture said.