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Tag Archives cattle on feed

(Photo courtesy Canada Beef Inc.)
Barley, Finishers, Livestock, Markets

Klassen: Feeder cattle market holding value

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Compared to last week, western Canadian yearling prices were steady to as much as $4 higher while calf values traded within $5 on either side of unchanged. Current feedlot margins are hovering around break-even, but profitability will improve during October and November, given the recent strength in the deferred live cattle futures. Therefore, short-keep feeders […] Read more
CME December 2018 live cattle, with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle up on technical buying

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, with the most-active December contract rallying from a one-week low on technical buying and anticipation of strong consumer demand, traders said. The market shook off pressure from bearish data in Monday’s U.S. Department of Agriculture cold storage report, which showed total […] Read more
(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs sag on uncertainty over trade talks

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Chicago | Reuters –– U.S. hog futures sagged on Wednesday for a third straight session on a perceived lack of progress in U.S. trade negotiations with key pork consumers China and Mexico, traders said. CME Group live cattle futures followed hogs lower, with burdensome supplies adding pressure. Most-active CME October lean hog futures settled down […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle and hog futures both mixed ahead of USDA reports

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Chicago | Reuters — U.S. live cattle futures were mixed on Friday, with the front-month contract firming slightly while deferreds eased as traders staked out positions ahead of the U.S. government’s closely watched inventory and Cattle on Feed reports. Pre-report positioning also was noted in fed cattle and hog contracts, with both of those markets […] Read more
Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Weaker barley prices enhance yearling prices

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Compared to last week, yearlings traded $3 to as much as $8 higher, with strong buying interest noted from Lethbridge-area feedlots. Supplies of quality feeders are rather snug at this time of year and buyers were extremely aggressive on local packages. Prices in the non-major feeding areas appeared to lag southern Alberta markets but orders […] Read more

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