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Tag Archives feeder cattle

U.S. livestock: Hog futures drop on weak pork prices
Livestock, Markets, Reuters

U.S. livestock: Hog futures drop on weak pork prices

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Chicago | Reuters — U.S. lean hog futures fell to the lowest levels since mid-August on Wednesday, declining for the second straight session as weaker prices for pork pointed to abundant supplies, traders and analysts said. Cattle futures also eased on the Chicago Mercantile Exchange but prices stayed within recent trading ranges as investors waited […] Read more
Most indicators point to favourable market
Cattleman’s Corner, Finishers, Markets

Most indicators point to favourable market

Market Update: Numbers for the first quarter show good demand, strong prices

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Alberta packers were buying fed cattle at $268 on dressed basis in mid-January, which is up $10 from last month. Fed cattle values on a live basis were quoted at $163 in Alberta and US$124 in the U.S. Southern Plains. The market appears to be percolating higher due to tighter than expected market ready supplies. […] Read more
U.S. livestock: Hogs fall on technical selling, live cattle up
Livestock, Markets, Reuters

U.S. livestock: Hogs fall on technical selling, live cattle up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined more than one per cent on Tuesday, giving back a portion of gains notched on Monday in a technical setback, traders said. Hogs on Monday surged from a multimonth low, boosted in part by technically oversold conditions. But the market remained anchored by abundant […] Read more
U.S. livestock: Live cattle futures firm
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures firm

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Chicago | Reuters — Chicago Mercantile Exchange live cattle rose slightly on Friday, rebounding from Thursday’s declines on some bargain buying. Hog futures were mostly higher after falling to their lowest since Aug. 9 on Thursday, providing an opportunity for some end-of-week short-covering. But feeder cattle contracts weakened to their lowest since Jan. 23, pressured […] Read more
U.S. livestock: Cattle futures ease after hitting contract highs
Livestock, Markets, Reuters

U.S. livestock: Cattle futures ease after hitting contract highs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday on a round of profit taking after hitting contract highs early in the session. Feeder cattle contracts weakened in sympathy while hog futures eased on concerns about the spread of African swine fever, traders said. Hog futures hit their lowest since Aug. […] Read more
U.S. livestock: Live cattle mostly higher on good demand, cold concerns
Livestock, Markets, Reuters

U.S. livestock: Live cattle mostly higher on good demand, cold concerns

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures for April delivery, the most actively traded contract, firmed for the fourth day in a row on Wednesday on good end-user demand. The contract hit an all time-high of 128.15 cents/lb. during Wednesday’s session but closed slightly below that peak (all figures US$). The front-month […] Read more
U.S. livestock: Feeder cattle weak as temperatures fall
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle weak as temperatures fall

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly firmer on Tuesday, with the most-active April contract hitting an all-time high, due to strong domestic demand, traders said. Feeder cattle futures were mixed, with the nearby contracts easing as temperatures in key livestock production regions of the U.S. are forecast to plummet […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Feeder market easily absorbs adverse weather

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Western Canadian feeder markets were relatively unchanged from week-ago levels but there were a couple of unique characteristics in certain regions. Quality yearling packages were $2-$4 higher in Alberta but fleshier replacements were discounted. Eastern Prairie regions had grass cattle under 600 lbs. trading $3 to as much as $8 above week-ago levels. Order buyers […] Read more

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