(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end mostly weaker

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts on Thursday posted modest losses after a volatile session, as investors waited for cattle in the U.S. Plains to change hands, traders said. February futures drew support from wintry weather across the western Corn Belt that threatens to disrupt livestock production. February live cattle […] Read more

cattle in a feedlot

Market message: Time to cut beef production

Market Update with Jerry Klassen: The market will bounce back temporarily, but producers should consider liquidating cows

Western Canadian cattle prices have been quite volatile over the past month. Alberta fed cattle prices climbed higher for seven weeks in a row from late November through the first week of January. Alberta packer bids rose from $147 to highs of $167 during this time. The finished market appeared to divorce from the live […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Funds, supply worries extend CME hogs’ losses

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday finished lower for a second straight day following another round of fund liquidation, along with increased supply expectations, traders said. February, which will expire on Feb. 14, was pressured by lower market-ready, or cash, hog prices as packers try to stabilize their slipping margins. […] Read more







(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle limit up on fund buying

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday touched a three-month top, spurred by short-covering and fund buying, said traders. April closed up its three-cent-per-pound daily price limit (all figures US$). Investors bought that contract and simultaneously sold February. The limit will expand to 4.5 cents on Friday. February live cattle […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle post losses, but off session lows

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Tuesday settled lower, weighed down by profit-taking and initial fund liquidation, said traders. Rising wholesale beef values and CME live cattle futures’ discount to prices for slaughter-ready or cash cattle lifted contracts from session bottoms. February live cattle finished 0.875 cents/lb. lower at 124.825 […] Read more