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Tag Archives feeder cattle

Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs mostly higher on bargain-buying

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Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with both cattle and hogs recovering from recent lows on bargain buying and positioning ahead of government supply data, traders and analysts said. Most lean hog contracts jumped three per cent or more on the Chicago Mercantile Exchange after earlier notching lifetime lows. […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hogs end mixed on positioning before USDA report

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mixed on Tuesday after investors adjusted positions before the U.S. Department of Agriculture’s (USDA) quarterly hog report on Thursday, said traders. Analysts polled by Reuters, on average, estimated the U.S. hog inventory as of March 1 at 72.902 million head or 3.1 per cent […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feedlots struggle through adverse weather

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Western Canadian yearling prices experienced a week-over-week decline of $5-$8 with some pockets deteriorating $10 to as much as $12. Adverse weather in southern Alberta has resulted in limited buying interest from main feedlot operators. Feedlot Alley has received 150-200 per cent of normal precipitation over the past 60 days. Snow and rain, along with […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Buyers’ temperance subdues feeder market

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Compared to last week, western Canadian yearling prices were under pressure trading steady to $3 lower; however, eastern Canadian orders were prevalent in Manitoba and eastern Saskatchewan, where values were relatively unchanged from week-ago levels. Alberta feedlot demand was subdued as the deferred live cattle futures traded to three-month lows. Most operations are holding high-priced […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle hit two-month low

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday for a third straight session, pressured by fund-driven long liquidation and expectations of rising supplies ahead based on the U.S. Department of Agriculture’s most recent monthly cattle report, traders said. Declines on Wall Street added to bearish sentiment. The S+P and Nasdaq […] Read more

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