The holiday break for the cattle market is analogous to an the intermission between periods of hockey game. Feedlot operators assess inventory and to focus on the market structure. They’re planning their purchase strategy for the next couple months.
Feeders
Klassen: Cattle producers anxious about 2024
No sales the first week of 2024 as markets assess inventory, plan strategy
U.S. livestock: CME live cattle retreat from one-month high, traders eye US weather
Lean hogs rose on hopes that U.S. cash prices had reached bottom
Live cattle futures on Monday rose to their highest level in more than a month before retreating as traders waited to see the impact of wintry weather on livestock in the central U.S.
U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week
Live cattle slipped somewhat but ended the week up 1.2 per cent
Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.
Feed weekly outlook: Several factors weighing on prices
Warm weather means less feed needed, easier movement says analyst
Feed grain prices across the Canadian Prairies are expected to continue falling back for the next few months due to a number of reasons, according to Evan Peterson of JGL Commodities in Saskatoon, Sask.
U.S. livestock: Lean hogs finish weaker, set another contract low
Packers losing money processing beef due to tight supply
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.
Updated Certified Sustainable Beef Framework released
The program, launched in 2017, came up for its five-year review in 2022
A new and improved Certified Sustainable Beef Framework has been released following its first, five-year review announced the Canadian Roundtable for Sustainable Beef (CRSB) today.
U.S. livestock: CME cattle hit November highs as lean hogs set contract lows
Large supplies of hogs continue to pressure futures, analysts said
Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.
Klassen: Feeder market quiets at year-end
Feeding margins have moved into negative territory, setting a negative tone for replacements
The last full week of 2023 was characterized by lower volumes and limited buying interest. Feedlot operators don’t want to weigh down schedules of hired hands over the holidays. Many auction barns were closed for the season while some held bred cows and bred heifer sales.
U.S. livestock: CME cattle, lean hog futures mixed to lower
China's beef purchases supports live cattle
Chicago Mercantile Exchange (CME) livestock futures were mostly mixed to lower on Friday, on limited technical trading and less-than-robust beef export news ahead of the New Year's holiday.
U.S. livestock: CME cattle, lean hog futures weighed by demand questions
Plains blizzards and cold winter weather stressed animals and impacted weight gain
Chicago Mercantile Exchange (CME) livestock futures mostly ended lower on Thursday, as a sluggish cash market weighed on nearly all cattle markets and hog traders continued to wrestle with concerns about demand for hefty pork supplies, analysts said.