beef prices Archives - Page 14 of 20

Higher production keeps beef prices under pressure

Market Update: Slaughter numbers are down, but carcass weights are up

By Jerry Klassen May 19, 2016

Fed and feeder cattle prices have come under pressure over the past couple of weeks as the market absorbs the year-over-year increase in second quarter beef production. Cattle-on-feed inventories in Canada and the U.S. are running slightly above year-ago numbers, but carcass weights are sharply higher. Despite the lower cattle prices, retail beef prices are […] Read more

Beef Cattle, Livestock, Markets

Klassen: Drop in fed cattle prices weighs on feeder complex

By Jerry Klassen, GFM Network News May 10, 2016

Alberta fed cattle prices dropped sharply last week, with dressed sales falling $10 to $20 from seven days earlier. Despite the weakening Canadian dollar, wholesale beef prices also fell US$10/cwt which offset any currency benefit. Feedlot operators froze with disbelief as the market suffered one of the sharpest week-over-week declines in recent memory. The hot […] Read more

Finishers, Livestock, Markets

Klassen: Limited buying interest softens feeder market

By Jerry Klassen, GFM Network News April 26, 2016

Just when I thought feeder cattle prices were stabilizing, once again the unexpected occurs. A sharp rally in U.S. grain futures, along with weaker fed cattle prices, caused western Canadian feeder cattle to trade $6-$12 lower compared to week-ago levels. Auction markets reported limited buying interest, with often only two or three larger feedlots stepping […] Read more

Livestock, Markets, Reuters

U.S. livestock: Fund selling drops CME live cattle limit down

By GFM Network News April 18, 2016

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Monday, with nearby contracts down by their three-cent-pr-pound daily price limit, shaken by sell stops and fund liquidation, traders said. April and June live cattle ended down by the three-cent limit at 128.475 and 119.175 cents/lb., respectively (all figures US$). Live […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market garners support

By Jerry Klassen, GFM Network News April 18, 2016

Western Canadian feeder cattle markets were relatively stable over the past week while prices in the major feeding regions were $2 to $5 higher. Alberta fed cattle prices were $2 higher, trading in the range of $170 to $172, which bolstered buying enthusiasm in the heavier weight categories. Feedlot operators in the Lethbridge area were […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle tumble on technical selloff, beef woes

By Michael Hirtzer, GFM Network News April 5, 2016

Chicago | Reuters –– U.S. live cattle futures fell to 1-1/2-month lows and feeder cattle declined by nearly three per cent on Tuesday in a technical selloff triggered by ample supplies and lower beef prices, traders and analysts said. Live cattle eased their third straight session, briefly falling by the daily limit of three cents/lb. […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feedlot operators throw in towel on feeder market

By Jerry Klassen, GFM Network News April 5, 2016

Weaker wholesale beef values, along with softer fed cattle prices, set a negative tone for the feeder cattle market this past week. Western Canadian feeder markets were trading $4-$8 below week-ago levels, with calves trading as much as $10 lower in some cases. Producers can become nauseous watching these live cattle futures, but this is […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle, feeders mixed on beef declines

By Michael Hirtzer, GFM Network News April 4, 2016

Chicago | Reuters — U.S. live cattle and feeder cattle futures were flat to narrowly mixed on Monday as lower wholesale beef prices suggested demand for the meat was slowing, traders said. Lean hogs were slightly lower in light trading at the Chicago Mercantile Exchange. Losses in outside markets kept a lid on gains in […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle limit up on bearish corn data

By GFM Network News March 31, 2016

Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Thursday settled up their 4.5-cents/lb. maximum daily price limit, spurred by the morning’s bearish government grain report, traders said. U.S. farmers intend to plant 93.6 million acres of corn and 82.2 million acres of soybeans in 2016, the U.S. Department of Agriculture said on […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle trade lower

By Jerry Klassen, GFM Network News March 29, 2016

The “one-week wonder” from seven to 10 days ago appears to have evaporated; a softer sentiment blanketed Western Canada this week, with feeder markets dropping $4 to $6 on average. A significant slide in live cattle futures, along with softer cash prices, caused feedlots to move into a risk-averse mentality. Heavier replacements took the brunt […] Read more

GFM Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

Tag Archives beef prices

Higher production keeps beef prices under pressure

Klassen: Drop in fed cattle prices weighs on feeder complex

Klassen: Limited buying interest softens feeder market

U.S. livestock: Fund selling drops CME live cattle limit down

Klassen: Feeder cattle market garners support

U.S. livestock: Cattle tumble on technical selloff, beef woes

Klassen: Feedlot operators throw in towel on feeder market

U.S. livestock: Live cattle, feeders mixed on beef declines

U.S. livestock: CME feeder cattle limit up on bearish corn data

Klassen: Feeder cattle trade lower

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