beef prices Archives - Page 20 of 21

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle close mostly weak

By GFM Network News June 2, 2015

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures Tuesday settled mostly weaker on profit-taking and the morning’s soft wholesale beef prices, traders said. The reversal of a trading strategy known as bear spreads implemented on Monday propped up the June contract and further pressured August futures. June closed up 0.15 cent per pound […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Slumping beef prices rattle CME live cattle

By GFM Network News May 29, 2015

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, pulled down by profit-taking in response to the day’s sharp drop in wholesale beef values, traders said. June closed 1.175 cents per pound lower at 152.325 cents, and August fell 1.475 cents, to 151.275 cents. Friday morning’s choice wholesale beef price […] Read more

Beef Cattle, Livestock, Markets

Klassen: Strong beef prices spill over into feeder market

By Jerry Klassen, GFM Network News May 24, 2015

U.S. wholesale beef prices surged higher this past week as stronger retail and restaurant demand absorbed the larger beef stocks in storage. Alberta packers’ average purchase price was $202.50 and with pen break-even closeout prices near $188, the healthy margin structure renewed buying confidence in the feeder market. All weight categories experienced a stronger tone, […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Fed cattle market reaches historic highs

Strong demand for beef continues and cattle herd isn’t expanding quickly

By Jerry Klassen May 19, 2015

Alberta packers were buying fed cattle in the range of $198 to $200 cwt in April, which was a historic high. Lower energy values and stronger economic growth continue to cause a year-over-year increase in food spending. Disposable income for the average consumer has been ratcheting higher and unemployment levels are improving moving into the […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle rally as beef prices set new high

By GFM Network News May 19, 2015

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures offset recent losses and finished higher on Tuesday, driven by short-covering following the day’s choice wholesale beef price surge to an all-time high, traders said. June closed up 0.4 cent per pound to 151.975 cents, and August was 0.575 cent higher at 150.6 cents (all […] Read more

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Record beef prices extend CME live cattle gains

By GFM Network News May 14, 2015

Chicago | Reuters — Chicago Mercantile Exchange live cattle gained for a third day in a row on Thursday, lifted by record-high prices for choice beef, stoked by grilling demand, traders and analysts said. June closed up 1.825 cents per pound at 153.8 cents, and August 1.425 cent higher at 152.075 cents (all figures US$). […] Read more

Beef Cattle, Hogs, Livestock, Markets

Spread between pork, beef prices seen narrowing

By GFM Network News May 13, 2015

CNS Canada — Pork prices in Canada are narrowing the gap with beef prices — but the spread between the two meats remains well above the historical average. “Beef values (cutout) have actually come down a little bit, whereas pork and poultry (cutout) values have actually gone up,” said Brad Marceniuk, a provincial livestock economist […] Read more

Beef Cattle, Livestock, Markets, Reuters

U.S. seen approving Brazil fresh beef imports

By Reuters, GFM Network News May 8, 2015

Sao Paulo | Reuters –– Brazil’s agriculture ministry said on Friday the U.S. is likely to approve imports of Brazilian fresh beef this year, after President Dilma Rousseff visits Washington in June. Brazil, the world’s top beef exporter, is already a steady exporter of cooked beef that appears in items such as canned corned beef […] Read more

Beef Cattle, Livestock, Markets, Reuters

Higher U.S. beef prices ahead as grills fire up, imports cool down

By GFM Network News May 8, 2015

Chicago/Wellington | Reuters –– Record-high U.S. beef prices will likely climb even higher this summer just as Australia and New Zealand imports dwindle under an extended drought in those countries and demand for steaks in the U.S. rises. Both countries were among the top three exporters of beef to the U.S. last year as New […] Read more

Beef Cattle, Livestock, Markets

Cattle prices seen as strong for year to come

By GFM Network News April 29, 2015

CNS Canada –– Canada’s cattle industry should continue to see high prices for animals at auctions over the next year or so while operators try to rebuild their herds, industry participants predict. “Typical risks for cattle prices are the Canadian dollar and feed costs for cow-calf producers and feeders,” said Brian Perillat, a manager and […] Read more

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Tag Archives beef prices

U.S. livestock: CME live cattle close mostly weak

U.S. livestock: Slumping beef prices rattle CME live cattle

Klassen: Strong beef prices spill over into feeder market

Fed cattle market reaches historic highs

U.S. livestock: CME live cattle rally as beef prices set new high

U.S. livestock: Record beef prices extend CME live cattle gains

Spread between pork, beef prices seen narrowing

U.S. seen approving Brazil fresh beef imports

Higher U.S. beef prices ahead as grills fire up, imports cool down

Cattle prices seen as strong for year to come

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