feeder cattle Archives - Page 136 of 260

CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hogs follow rebound on Wall Street

By GFM Network News March 11, 2020

Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, following as Wall Street charged back from the prior day’s steep losses as the world’s biggest economies moved to cushion the impact of the coronavirus, traders said. The rally in global equity markets overshadowed bearish fundamentals in the cattle market, including declining cash […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Extreme variability characterizes feeder market

By Jerry Klassen, GFM Network News March 10, 2020

Western Canadian feeder cattle prices were extremely variable over the past week which made the market hard to define. Compared to last week, yearling prices were quoted $2 to as much $6 lower while calves traded $2 lower as much as $5 higher. While some auction crowds were caught up with the negative news coverage, […] Read more

CME April 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle futures dive, led by energy, equity markets

CME feeder cattle close limit down

By GFM Network News March 9, 2020

Chicago | Reuters — U.S. live cattle futures fell on Monday for a third straight session and hit life-of-contract lows following a plunge in crude oil and equity markets amid fears of a global recession, traders said. “When you have the stock market losing five to seven per cent of its value in a day, […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle set contract lows

Fears persist that coronavirus will hurt beef demand

By GFM Network News March 6, 2020

Chicago | Reuters — U.S. cattle futures sank to contract lows on Friday, extending a decline fueled by fears that the global coronavirus outbreak will slow economic growth and reduce demand for beef. Losses in the market have accelerated as the virus has spread, with the most-active April live cattle futures contract down 17 per […] Read more

Beef Cattle, Cattleman’s Corner, Markets

Larger beef production weighs on cattle prices

Market Update with Jerry Klassen: More head and heavier cattle heading to packing plant

By Jerry Klassen March 6, 2020

During the first week of February Alberta packers were buying fed cattle in the range of $157 to $159 delivered, which was down from early-January highs of $165 to $168. U.S. first-quarter beef production is coming in larger than expected. The U.S. weekly slaughter has been six to seven per cent above year-ago levels. In […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME cattle retreat on demand worries

Hogs up on hopes for sales to China

By GFM Network News March 5, 2020

Chicago | Reuters — U.S. cattle futures slid Thursday as the global spread of the COVID-19 coronavirus raised worries about an economic slowdown that could hurt demand for beef. U.S. beef demand has been strong since last year, helping to push April live cattle futures to a contract high in December. On Friday, though, futures […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs rise with equities

Livestock futures await export sales data

By GFM Network News March 5, 2020

Chicago | Reuters — U.S. livestock futures strengthened on Wednesday as gains in financial markets helped fuel a recovery from contract lows reached last week in the live cattle market. Live cattle futures have been looking to equity markets for direction as uncertainty about the impact of the coronavirus epidemic has fueled swings in stock […] Read more

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME live cattle ease with equities

Chicago lean hogs rise

By GFM Network News March 3, 2020

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened with equities on Tuesday, while hog futures advanced. Moves in the cattle market have nearly mirrored those in equities since last week, traders said, with the global spread of the new coronavirus fueling sharp moves. All three major U.S. stock market indexes dropped more […] Read more

An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)

Beef Cattle, Finishers, Livestock, Markets

Klassen: Coronavirus fears weigh on feeder markets

By Jerry Klassen, GFM Network News March 3, 2020

Western Canadian feeder prices were not immune to the meltdown of financial and commodity markets last week. Buyers appeared to incorporate a risk discount due to uncertainty in beef demand over the next few months. Compared to last week, larger groups of quality yearlings traded $3-$5 lower while smaller packages were down $4 to as […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME cattle rise in recovery from contract lows

Hogs close mixed as China uncertainty looms

By GFM Network News March 2, 2020

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday recovered from contract lows reached last week as concerns temporarily eased about the economic impact from the global coronavirus outbreak. Equity markets also rose on speculation that central banks will cut interest rates to soften the economic blow of the epidemic. “The market […] Read more

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Tag Archives feeder cattle

U.S. livestock: Cattle, hogs follow rebound on Wall Street

Klassen: Extreme variability characterizes feeder market

U.S. livestock: Cattle futures dive, led by energy, equity markets

U.S. livestock: CME live cattle set contract lows

Larger beef production weighs on cattle prices

U.S. livestock: CME cattle retreat on demand worries

U.S. livestock: CME cattle, hogs rise with equities

U.S. livestock: CME live cattle ease with equities

Klassen: Coronavirus fears weigh on feeder markets

U.S. livestock: CME cattle rise in recovery from contract lows

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