This week, we turn to the nuts and bolts of marketing: what options do you have? How do they work? And most importantly, how do they fit into an overall strategy that maximizes opportunity while managing risk?
Tag Archives cash markets
How to use the tools to build a sound grain marketing plan
Organize your marketing strategies to balance maximizing revenue, ensuring cash flow and limiting risk
Fed market reflects beginning signs of herd expansion
The Markets: Beef cow numbers are still expected to decline in 2024 and 2025
Western Canadian feeder cattle prices have been trading near historical highs throughout the summer and early fall period. At the time of writing this article, larger-frame Angus steers off grass averaging 950 lbs. were trading around $320/cwt in central Alberta. Steers averaging 500 lbs. were quoted between $450/cwt and $500/cwt, depending on weaning stage and […] Read more
Klassen: Stronger fed cattle prices underpin feeder complex
Limited feed and forage hinder further upside
Alberta packers were buying fed cattle on a dressed basis in the range of $265-$270 delivered this past week, up $3-$5 from seven days earlier. Live prices were quoted at $159-$162 delivered using a 60 per cent grading. If the feedlot operator booked their feed grains earlier in winter, live prices are $2-$3 above breakeven […] Read more
U.S. grains: Corn tops $6 a bushel, soy at seven-year high
CBOT wheat also books life-of-contract high
Chicago | Reuters — U.S. corn futures climbed to their highest in nearly eight years on Tuesday and soybean futures neared a seven-year high as tightening supplies supported cash markets and attracted speculative buying, analysts said. Worries about dry conditions curbing corn yields in Brazil and cold weather slowing germination of the 2021 U.S. crop […] Read more
U.S. livestock: Hogs rise to four-month high on supply woes
February live cattle down, April up
Chicago | Reuters — U.S. hog futures rose for the seventh time in eight sessions on Thursday, hitting a four-month high on concerns about tight supplies, traders said. “There are a lot of empty barns out here,” Don Roose, president of U.S. Commodities in West Des Moines, Iowa said. Live cattle futures were mixed, with […] Read more
U.S. livestock: Live cattle end mixed, feeders firm
Cattle take cues from pause in corn rally
Chicago | Reuters — U.S. cattle futures closed narrowly mixed on Thursday with the spot February contract drifting lower in rangebound trade, awaiting direction from cash markets, while back months firmed on optimism about the U.S. economy, traders said. Feeder cattle futures rose as prices for corn, the main feed grain for cattle, retreated from […] Read more
U.S. livestock: Cattle futures sag on fears for economy, beef demand
Firm cash hog values support hog futures
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Friday, following as global financial markets fell after U.S. President Donald Trump tested positive for the coronavirus, adding to investor uncertainty. Disappointing U.S. job growth numbers heightened worries about consumer demand for beef, at a time when retailers are starting to […] Read more
U.S. livestock: Cattle futures down again
CME lean hog futures also weaker
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures weakened on Friday in anticipation of a seasonal demand slowdown following the Labour Day holiday, traders said. The losses in the futures market stemmed from weekly declines in the cash markets. CME benchmark October live cattle fell 1.25 cents to close at 104.9 cents/lb., […] Read more
U.S. livestock: Cattle futures extend winning streak
Big supplies hinder hog market
Chicago | Reuters — U.S. live cattle futures firmed on Monday, with fund buying sparking the gains due to expected strength in the cash markets, traders said. “The trade continues to feel that the cash market has bottomed,” said Don Roose of U.S. Commodities. “It continues to feel that the cash market will trade from […] Read more
U.S. livestock: Hogs, live cattle gain against cash markets
Cold storage meat supplies down slightly, USDA says
Chicago | Reuters — U.S. live hog futures gained on Thursday on short-covering as contracts strengthened against cash markets, traders said. CME live cattle futures firmed, while feeder cattle dipped ahead of Friday’s U.S. Department of Agriculture cattle on feed report. The nearby CME June lean hogs gained 2.475 cents, to 59.35 cents/lb., while the […] Read more
Cyber-Savvy Farmer
