beef demand Archives - Page 3 of 6

CME August 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Feeder cattle futures dip to contract lows

By GFM Network News May 16, 2019

Chicago | Reuters — U.S. feeder cattle futures on the Chicago Mercantile Exchange (CME) dipped to new contract lows on Thursday as a rally in Chicago Board of Trade corn futures this week continued to signal rising feed costs and U.S. beef demand remains sluggish. Cattle futures also faced headwinds from U.S. Department of Agriculture […] Read more

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME lean hogs up third straight session

By GFM Network News April 12, 2019

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday for a third straight session on expectations that an outbreak of African swine fever in China’s hog herd would prompt the Asian country to import more pork, traders said. Traders were still digesting Thursday’s export sales report from the U.S. […] Read more

Beef Cattle, Livestock, Markets, Reuters

U.S. feedlots draw more cattle than expected in May

By GFM Network News June 23, 2018

Chicago | Reuters — Ranchers in May drove more cattle into U.S. feedlots than anticipated compared with the same period a year ago, said analysts after Friday’s U.S. Department of Agriculture monthly Cattle on Feed report. The data also showed the June 1 feedlot cattle supply climbed 4.1 per cent from a year earlier — […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle extend slide on long liquidation

By Julie Ingwersen, GFM Network News December 9, 2017

Chicago | Reuters –– Chicago Mercantile Exchange February live cattle futures fell on Friday for a seventh straight session on technical selling including fund long liquidation and uncertainty about near-term beef demand, traders said. “We have a lot of protein around right now. We have a few holidays later this month to move some of […] Read more

Finishers, Livestock, Markets

Klassen: Winter weather weighs on feeder complex

By Jerry Klassen, GFM Network News November 27, 2017

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. However, quality features played a larger role in the price structure. Buyers shied away on fleshier yearlings which is often the case when margins move into negative territory. It’s that time of year when thicker coats can be somewhat misleading and buyers pulled […] Read more

Finishers, Livestock, Markets

Klassen: Friendly beef price outlook supports feeder market

By Jerry Klassen, GFM Network News October 10, 2017

Compared to last week, yearling prices were $2 to as much as $5 higher, while calf markets traded $3-$7 above week-ago levels. The yearling run is coming to a close and feedlots scrambled to secure yearling ownership. Across Alberta, feature lots of high-quality 900-lb. steers were trading around $190 and this set the tone for […] Read more

Beef Cattle, Livestock, Reuters

Strong beef demand lifts Cargill profit for quarter

By GFM Network News September 27, 2017

Chicago | Reuters — Global commodities trader Cargill reported a 14 per cent rise in quarterly profit on Wednesday as strong beef demand and ample supplies of cattle lifted earnings for its animal nutrition and protein segment for a fifth straight quarter. The gains in protein offset a weaker year-on-year result for Cargill’s origination and […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle gain on firmer beef prices

By GFM Network News September 6, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled moderately higher on Wednesday, with help from short-covering and improved wholesale beef values, said traders. December received added support from fund buying after the contract topped the 10-day moving average of 109.648 cents (all figures US$). October live cattle finished up 0.275 cent/lb. at […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle end weaker

By GFM Network News June 9, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts were weakened Friday by profit-taking and investor caution as they await the bulk of this week’s cash cattle sales, said traders. Futures discounts to initial cash prices limited market losses, they said. June closed down 0.125 cent/lb. to 131.25 cents, and August down 0.175 cent […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle climb to one-month top

By GFM Network News June 2, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts hit a one-month high on Friday, driven by fund buying and short-covering, said traders. Futures’ discounts to this week’s better-than-anticipated cash prices generated more buying. June closed 3.4 cents/lb. higher at 130.825 cents, and August 1.35 cents higher at 126.05 cents (all figures US$). Live […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives beef demand

U.S. livestock: Feeder cattle futures dip to contract lows

U.S. livestock: CME lean hogs up third straight session

U.S. feedlots draw more cattle than expected in May

U.S. livestock: Live cattle extend slide on long liquidation

Klassen: Winter weather weighs on feeder complex

Klassen: Friendly beef price outlook supports feeder market

Strong beef demand lifts Cargill profit for quarter

U.S. livestock: CME live cattle gain on firmer beef prices

U.S. livestock: CME live cattle end weaker

U.S. livestock: CME live cattle climb to one-month top

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