beef prices Archives - Page 15 of 21

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

Beef Cattle, Livestock, Markets

Klassen: Feeder cattle mixed across the Prairies

By Jerry Klassen, GFM Network News March 21, 2016

Market sentiment can be extremely variable and this week, we saw a large divergence in the price structure across the Prairies. Alberta feeder cattle prices were generally $3 to $6 higher and in some cases as much as $10 above week-ago levels. Buying interest appeared to fade moving east, with Manitoba markets dropping $4-$8 from […] Read more

Cattleman’s Corner, Livestock, Markets

Klassen: Supply is up, will demand follow?

Market Update: The economy needs to improve before consumers will buy more beef

By Jerry Klassen March 17, 2016

All factors considered, Canadian cattle producers need to be cautious because the market is contending with a year-over-year increase in supplies and softer demand for 2016. The U.S. experienced historically low beef production in 2015 but it appears with the expansion of the cattle herd, beef supplies will sharply increase from now through 2017. This […] Read more

Beef Cattle, Livestock, Markets

Klassen: Buyers risk-averse on feeder cattle

By Jerry Klassen, GFM Network News February 23, 2016

Western Canadian feeder cattle markets were trading $5-$10 below values seven days earlier. Sharper declines were noted on heavier replacements over 800 lbs., which at times sold for $15 below week-ago levels; quality mid-weight feeders in the range of 600 to 800 lbs. were down $8 on average. Eastern Prairie markets held value on feeders […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle move higher with beef prices

By GFM Network News February 22, 2016

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled higher on Monday, buoyed by the morning’s wholesale beef price turnaround, traders said. Buy stops and fund buying contributed to CME live cattle futures advances, they said. February closed 1.05 cents/lb. higher at 136.425 (all figures US$). April ended at 134.625 cents, up 0.675 […] Read more

Beef Cattle, Livestock, Markets

Klassen: Lower fed cattle market pressures feeders

By Jerry Klassen, GFM Network News February 17, 2016

Western Canadian feeder cattle prices were trading $5-$10 below week-ago levels on average last week. Fully weaned vaccinated calves were trading down $5-$8 while semi-weaned bawlers were down a solid $10. Shorter-keep replacements over 850 lbs. were down $8-$12 depending on flesh levels but harder-looking cattle were down sharply, as much as $15. Extremely cold […] Read more

Beef Cattle, Livestock, Markets

Klassen: Feeder market experiences defensive tone

By Jerry Klassen, GFM Network News February 2, 2016

Feedlot operators continue to pull in the reins on replacement cattle purchases because another month-end budget for the bank does not look healthy. Alberta sales barns experienced a soft tone, with sales $4 to $6 below week-ago while eastern Prairie regions received spillover support from U.S. markets. Manitoba markets were notably $3 to $8 higher […] Read more

GFM Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

Prairie forecast: Plenty more chances for snow over Holidays

Tag Archives beef prices

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

Klassen: Feeder cattle mixed across the Prairies

Klassen: Supply is up, will demand follow?

Klassen: Buyers risk-averse on feeder cattle

U.S. livestock: CME live cattle move higher with beef prices

Klassen: Lower fed cattle market pressures feeders

Klassen: Feeder market experiences defensive tone

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