(Photo courtesy Canada Beef Inc.)

Klassen: Strong demand drives yearlings higher

Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to secure ownership early in the […] Read more



(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hog futures fall to new contract lows on heavy supplies

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures tumbled about 3 percent to fresh life-of-contract lows on Wednesday as cash hog and pork prices extended declines amid abundant supplies and worries of sagging demand, traders said. Most active October lean hog futures fell 1.575 cents to 48.400 cents per pound while front-month August […] Read more

File photo

U.S. livestock: Feeder cattle fall on technical selling; hogs mostly lower

Chicago | Reuters – U.S. cattle futures fell on Tuesday, with feeder cattle easing about 2 percent on pressure from technical selling and abundant supplies, traders and analysts said. Lean hog futures also were mostly lower on the Chicago Mercantile Exchange, weighed down by declining prices for hogs in cash markets and lower wholesale pork […] Read more



Photo: File

U.S. livestock: Cattle futures rise on better beef packer demand

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose sharply on Friday, lifted by better demand from beef packers who were bidding more aggressively to buy steers in cash markets, traders and analysts said. Technical buying also supported cattle futures, which broke out of a relatively narrow trade that had defined the market […] Read more