beef prices Archives - Page 9 of 21

U.S. livestock: CME live cattle end mixed as market weighs big supply

By GFM Network News April 11, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Tuesday as the spot contract rose on its discount to the cash market while deferred months drifted lower under heavy supplies of cattle, traders said. CME April live cattle closed up 0.775 cent/lb. at 112.8 cents, edging up ahead of the contract’s […] Read more

Barley, Finishers, Livestock, Markets

Klassen: Stronger fed cattle prices jolt feeder market

By Jerry Klassen, GFM Network News February 20, 2018

Feeder cattle markets came alive last week as fed cattle prices took a fortuitous bounce. Alberta packers were buying fed cattle in the range of $276-$279 on a dressed basis, up approximately $4 from week-ago levels. Improving beef demand enhanced wholesale beef prices, which quickly spilt over into the cattle complex. Compared to last week, […] Read more

Beef Cattle, Cattleman’s Corner, Markets

U.S. tax cuts will increase beef demand

Market Influences: Consumers will have more disposable income, leading to more spending

By Jerry Klassen January 25, 2018

I’ve received many inquiries over the past couple of months regarding the potential effects of U.S. corporate and personal tax cuts on beef demand. I know most producers focus on cattle inventory numbers and cattle-on-feed reports, but old-time cattle producers often remind me that focusing on demand is the secret to long-term success in the […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle rise on beef gains, fund buying

By Michael Hirtzer, GFM Network News January 24, 2018

Chicago | Reuters — Live cattle futures climbed to a near two-month high on Wednesday, rising for the third straight session on firm beef prices and investment fund buying, traders and analysts said. A reduced rate of cattle slaughter following a winter storm in the U.S. Plains that disrupted the transportation of animals earlier this […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle extend climb to five sessions

By GFM Network News January 18, 2018

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday for a fifth straight session, buoyed by higher wholesale beef prices and technical buying including short-covering, traders said. Retailers are buying beef to feature during the second half of the month, when consumers may have paid off year-end holiday debt and have more […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle sag for sixth straight session

By Julie Ingwersen, GFM Network News December 8, 2017

Chicago | Reuters — Chicago Mercantile Exchange February live cattle futures fell Thursday for a sixth straight session, pressured by fund-driven long liquidation, falling cash cattle prices and softening wholesale beef demand, traders said. “Fund liquidation continues be a factor in the meat complex, although lower product prices are adding justification for the selling at […] Read more

Barley, Finishers, Livestock, Markets

Klassen: Tight margins weigh on feeder cattle

By Jerry Klassen, GFM Network News December 5, 2017

Compared to last week, western Canadian feeder cattle prices traded $5 higher to $5 lower; however, yearlings were a solid $2 to $4 lower. Negative feeding margins over the past month, along with weakness in the deferred live cattle futures, set a negative tone in the heavier weight classes. The calf market appears to be […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle climb as cash prices seen rising

By GFM Network News November 27, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday as profitable packer margins and firm beef prices fueled expectations that cash cattle would trade at higher prices this week. December live cattle finished up 1.25 cents/lb. at 119.825 cents after holding chart-based support at the 50-day moving average around 118.675 (all […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market maintains upward trend

By Jerry Klassen, GFM Network News November 14, 2017

Western Canadian feeder cattle prices were quite variable this past week. Strength was noted in the eastern Prairie regions where markets traded $5 to as much as $10 above week-ago levels; however, Alberta steer prices were relatively unchanged but heifers traded $5 to $8 higher. Available feeder supplies will tighten as we approach the end […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle surge to contract highs on higher cash prices

By Michael Hirtzer, GFM Network News October 30, 2017

Chicago | Reuters –– U.S. live cattle and feeder cattle futures contracts surged to lifetime peaks on Monday, boosted by unexpectedly high-priced sales in cash cattle markets that occurred after the futures close on Friday, traders said. Cattle futures on the Chicago Mercantile Exchange surpassed Friday’s highs when trade resumed on Monday and some contracts […] 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

U.S. livestock: CME live cattle end mixed as market weighs big supply

Klassen: Stronger fed cattle prices jolt feeder market

U.S. tax cuts will increase beef demand

U.S. livestock: Cattle rise on beef gains, fund buying

U.S. livestock: CME live cattle extend climb to five sessions

U.S. livestock: Live cattle sag for sixth straight session

Klassen: Tight margins weigh on feeder cattle

U.S. livestock: CME live cattle climb as cash prices seen rising

Klassen: Feeder market maintains upward trend

U.S. livestock: Cattle surge to contract highs on higher cash prices

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