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Tag Archives feeder cattle

(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle rise on strong cash markets

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Friday, with nearby contracts supported by firm cash markets and strong wholesale beef values, traders said. Deferred offerings rose as traders covered short positions ahead of the U.S. Agriculture Department’s monthly Cattle on Feed report. The report, released after the close of the […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures drop

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped on Thursday on profit-taking and fund liquidation ahead of the U.S. Agriculture Department’s monthly Cattle on Feed report. Feeder cattle followed live cattle futures lower. Hog futures were mixed on bull spreading, with the front month contract rising in thin trading while deferreds weakened. […] Read more
(File photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures rise

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures rose on Wednesday, supported by steady-to-higher early-week cash prices, traders said. Hogs drew support from higher cash and wholesale pork prices. Futures were further supported by lower week-over-week hog weights. It’s a “good sign that these weights are coming down,” said Dan Norcini, an independent […] Read more
Cattle producers and feeders in some areas of southern Alberta have been dealing with overland flooding, such as shown here Saturday over Highway 36 south of Vauxhall, and otherwise mushy conditions. (Photo courtesy Taber RCMP)
Finishers, Livestock, Markets, Weather

Klassen: Feeder market stabilizes

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Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Stronger export demand appears to be supporting the market in Manitoba and certain pockets in Saskatchewan; however, Alberta feedlot interest remains subdued. Adverse weather continues to plague southern Alberta. Snow and freezing temperatures followed by brief melting periods have resulted in very poor […] Read more
Livestock, Markets, Reuters

U.S. livestock: CME nearby live cattle firm, deferred months weak

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly weaker on Monday, with traders locking in profits after prices rose on Friday. Lingering concerns over a snowstorm that covered northern areas of the Midwest and Plains provided support to some nearby contracts, a trader said. But overall, supplies were expected to remain […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle settle mixed, hogs firmer

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Chicago | Reuters — Chicago Mercantile Exchange live cattle April futures on Friday drew support from late-week cash price strength, while profit-taking weighed on the June contract, said traders. Short-covering and technical buying underpinned deep-deferred trading months, they said. April live cattle closed 1.325 cents/lb. higher at 117.075 cents (all figures US$). June ended down […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs close higher

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Chicago | Reuters — Chicago Mercantile Exchange live cattle hit a two-week high Thursday, driven by short-covering and futures’ discounts to this week’s prices for slaughter-ready, or cash, cattle, said traders. Remaining cash prices in parts of the northern U.S. Plains might benefit from tight cattle supplies along with forecasts for heavy snow and high […] Read more
(Lisa Guenther photo)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle, hogs end mostly firmer

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Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed firmer on Wednesday as investors digested initial prices for slaughter-ready, or cash, cattle while bracing for hefty supplies ahead, said traders. Market participants are also monitoring forecasts for a weekend snowstorm in the northern U.S. Plains that could disrupt livestock production in the […] Read more

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