For the week ending February 17, Western Canadian prices for yearlings and backgrounded cattle were quoted $2-$4/cwt higher than seven days earlier.
Tag Archives beef
Klassen: Feeder market shows signs of herd expansion
Some buyers suggest some heifers are being purchased for breeding
U.S. livestock: Lean hogs advance after strong US pork export data
Live cattle, feeder cattle ended day up
Lean hog futures rose on Thursday at the Chicago Mercantile Exchange on robust U.S. pork export demand and follow-through buying from a rally during the previous session, analysts said.
U.S. livestock: Livestock futures turn lower on pressure from equity markets
Strong U.S. dollar adds pressure to cattle, hog futures
Chicago Mercantile Exchange livestock futures turned lower on Tuesday, on pressure from the equity markets after government data showed U.S. inflation slowed less than expected in January.
Klassen: Feeder market continues to climb
Canadian values appear to be one week behind the U.S. market
For the week ending February 10, Western Canadian the market for yearlings over 800 pounds was $3/cwt to $6/cwt compared to a week earlier. Feeder cattle suited for grass and calves were up $8/cwt to as much as $25/cwt in some cases compared to the week prior. Quality steers averaging 600 pounds were readily trading in the range of $410-$425 up from the range of $380-$395 last week.
U.S. livestock: Feeders firm, live cattle futures ease
Lean hogs also finish lower amid demand questions
Chicago Mercantile Exchange feeder cattle futures posted solid gains on Monday, on weakness in the corn market and amid market signals that feed lots may be interested in holding their herds back from slaughter, traders said.
U.S. livestock: CME lean hogs firm; cattle futures mixed on technical resistance
Cattle market continued to feel pressure from winter weather in Midwest
Chicago Mercantile Exchange lean hog futures turned higher on Friday, bolstered by export sales that include China buying U.S. pork supplies for their open market, traders said.
U.S. livestock: Live cattle, nearby feeder cattle futures firm
Lean hog futures bounce back from early lows
Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.
U.S. livestock: Cattle futures lower, hogs mixed on technical trading
Traders expect this week's prices in cash market to be higher than last week
Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.
Klassen: Canadian feeder market jumps on USDA data
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention
For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.
U.S. livestock: CME cattle futures turn lower on profit-taking
Lean hogs also turn lower after recent rally faced fundamental resistance
Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.
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