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Feeders

Photo: Canada Beef Inc.
Livestock, Markets

U.S. Livestock: Cattle futures running into resistance at highs

By Geralyn Wichers, Phil Franz-Warkentin January 7, 2025
Cattle futures at the Chicago Mercantile Exchange continued to rise Tuesday. Most active February live cattle futures ended up 0.375 cents per pound at 195.575 cents a pound. Values hit fresh highs in many months, although ideas the market was looking overbought tempered the advances.

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Stronger fed market to pull up feeder complex

By Jerry Klassen January 7, 2025
The Alberta fed cattle market was quoted on a live basis in the range of range of $262-$265/cwt fob feedlot last week. Fed cattle forward contracts for March and April delivery (Alberta) were quoted from $270 to $272/cwt.  Compared to last week of November 2024, fed prices are up $20/cwt on average.


Photo: Canada Beef Inc.
Markets, Reuters

U.S. livestock: Cattle futures rise sharply on low inventory

By Renee Hickman, Reuters January 2, 2025
Chicago Mercantile Exchange (CME) feeder cattle futures reached life-of-contract highs, while live cattle futures hit multi-month peaks on Thursday, as meat packers struggled to find inventory, analysts said.

Photo: iStock/Getty Images
Markets, Reuters

U.S. livestock: Lean hog futures fall on year-end position squaring, demand doubts

By Renee Hickman, Reuters December 31, 2024
Chicago Mercantile Exchange (CME) lean hog futures fell to two-month lows on Tuesday, as traders squared positions before the year's end and uncertainty lingered over export demand in the coming months, market analysts said.


Photo: Stefanlinton/iStock/Getty Images
Beef Cattle, Livestock, Markets

Klassen: Feeder market has many factors to digest in 2025

By Jerry Klassen December 31, 2024
For the week ending December 28, there were no feeder cattle sales in Western Canada; however, that didn’t stop cattle producers from emailing or calling me over the holidays inquiring about market direction. I thought it would be an opportune time to discuss a couple factors that will influence the market direction over the next couple of months.

Photo: Deyanarobova/iStock/Getty Images
Markets, Reuters

U.S. livestock: Lean hog futures fall on domestic, export demand uncertainty

By Renee Hickman, Reuters December 30, 2024
Chicago Mercantile Exchange (CME) lean hog futures fell to two-month lows on Monday, hit by profit-taking and growing uncertainty over domestic and export demand in the coming months, market analysts said.


Dr. Leluo Guan University of British Columbia professor is leading a $7.9 million project to better understand methane processes in cattle rumens. Photo: UBC
Beef Cattle, Livestock, News

$7.9 million cattle research project aims to find rumen efficiencies

Cross-Canada project to reduce methane production will be led by UBC researcher

By John Greig December 27, 2024
A pan-Canadian research project will try to understand more about how methane is generated in the rumen of beef and dairy cattle.

(Dragos Cojocari/iStock/Getty Images)
Markets, Reuters

U.S. livestock: CME lean hogs end flat, demand for US pork underpins prices

By Reuters, Tom Polansek December 24, 2024
Chicago Mercantile Exchange lean hog futures finished flat on Tuesday as strong demand for U.S. pork underpinned the market a day after federal data showed the nation's herd was slightly bigger than expected, analysts said.


Photo: iStock/Getty Images
Livestock, Markets

Klassen: Feeder market finishes 2024 on strong tone

By Jerry Klassen December 24, 2024
For the week ending December 21, Western Canadian backgrounded cattle and heavier calves were unchanged to $5 lower on average. Calves in the 600-800 pound range were relatively unchanged while calves under 600 pounds were steady to $10 higher.

(WPohlDesign/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Live cattle mixed, feeder cattle firm on technical trading

By P.J. Huffstutter, Reuters December 23, 2024
Chicago Mercantile Exchange (CME) live cattle futures were mixed on Monday, with nearby contracts turning lower as traders adjusted their positions after a neutral government supply report last week, market analysts said.


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