packers Archives - Page 4 of 5

CME February 2019 lean hogs with 20-day moving average. (Barchart)

U.S. livestock: Lean hogs decline as cash values soften

By GFM Network News November 26, 2018

Chicago | Reuters — U.S. lean hog futures fell on Monday on softer cash values and reduced demand for hogs from packers who were cutting kills, traders said. Live cattle futures were modestly lower while feeder cattle ended mixed, with front-month January declining and back months firming. Chicago Mercantile Exchange lean hog futures fell despite […] Read more

Beef Cattle, Livestock, Markets, Reuters, Weather

Prairies’ dry weather may stem U.S. cattle stampede north

By Rod Nickel, GFM Network News August 28, 2018

Winnipeg | Reuters — Parched pastures and crops in Western Canada are driving up cattle-feeding costs, and farmers and analysts expect the changing economics to stem a recent stampede of U.S. cattle being brought over the border. Canada imported 65,035 head of cattle from the U.S. from January through June, nearly double the pace of […] Read more

Finishers, Livestock, Markets

Klassen: Fed cattle market leads yearlings higher

By Jerry Klassen, GFM Network News July 10, 2018

Compared to last week, yearlings traded $3 to as much as $6 higher. While many auction barns were on holidays, buyers had a full deck of orders for the limited supplies on hand. Many buyers and few sellers characterized the market environment. The quality of cattle is quite variable at this time of year but […] Read more

Beef Cattle, Livestock, Markets, Reuters

U.S. livestock: Cattle futures limit up on better cash sales

By Michael Hirtzer, GFM Network News June 29, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged by their three cents/lb. daily price limit on Friday, boosted by investment fund buying and better-than-expected sales in cash cattle markets, traders and analysts said. Feeder cattle futures also climbed by their daily limit, of 4.5 cents/lb., tracking the higher prices in the more […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Livestock, Markets, Reuters

U.S. livestock: Hogs jump on packer demand, cash prices

By Michael Hirtzer, GFM Network News June 18, 2018

Chicago | Reuters — U.S. lean hog futures climbed as much as 2.3 per cent on Monday in a bull-spreading rally amid rising cash hog prices and strong demand from pork packers, traders and analysts said. Cattle futures also were mostly higher at the Chicago Mercantile Exchange, boosted by chart-based buying and positioning ahead of […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME live cattle buckle under big supply worries

By Reuters, GFM Network News May 9, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle prices on Wednesday felt pressure from softer wholesale beef prices and concerns about a looming supply buildup, traders said. Future’s steep discount to this week’s expected prices for slaughter-ready, or cash, cattle limited June market losses, they said. June live cattle closed down 0.625 cent/lb. at […] Read more

Finishers, Livestock, Markets

Klassen: Seasonable temperatures enhance feeder market

By Jerry Klassen, GFM Network News May 9, 2018

Western Canadian yearling markets were actively trading $2-$5 above week-ago levels while prices in the Lethbridge area were up a solid $5 to as much as $10 in some cases. Improving pen conditions, along with a stronger fed cattle market, resulted in a surge of buying interest from southern Alberta operations. Orders from Feedlot Alley […] Read more

Livestock, Markets, Reuters

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

By Reuters, GFM Network News April 11, 2018

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

(Regis Lefebure photo courtesy ARS/USDA)

Livestock, Markets, Reuters

U.S. livestock: Trade war jitters drag on CME hogs

By Reuters, GFM Network News March 7, 2018

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Wednesday hit a three-month low, partly rattled by talk of a potential trade war if the U.S. tacks higher tariffs on imported steel and aluminum, traders said. Wednesday’s U.S. stock market slumped as U.S. President Donald Trump appears poised to impose steep tariffs this […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market grinds lower

By Jerry Klassen, GFM Network News January 29, 2018

Compared to last week, western Canadian feeder cattle prices traded $4-$6 lower; however, yearlings and heavier calves experienced a week-over-week decline of $4 to as much as $8 with significant weakness noted in the eastern Prairie regions. Finishing feedlots continue to sit on their hands. Order buyers were active on a scale-down basis and surprised […] Read more

China soybean imports hit record June high on strong Brazil shipments

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

GFM Network News

China soybean imports hit record June high on strong Brazil shipments

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

Tag Archives packers

U.S. livestock: Lean hogs decline as cash values soften

Prairies’ dry weather may stem U.S. cattle stampede north

Klassen: Fed cattle market leads yearlings higher

U.S. livestock: Cattle futures limit up on better cash sales

U.S. livestock: Hogs jump on packer demand, cash prices

U.S. livestock: CME live cattle buckle under big supply worries

Klassen: Seasonable temperatures enhance feeder market

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

U.S. livestock: Trade war jitters drag on CME hogs

Klassen: Feeder market grinds lower

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