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Tag Archives prices


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Western Canadian yearling prices hit fresh record highs

By Jerry Klassen July 30, 2024
The year-over-year decline in last year’s calf crop has caused the market to set new records. Larger finishing feedlots are setting the price structure as many of these lots have seasonal low inventory. The quality of yearlings coming off grass is excellent with buyers shopping for feed efficiencies.  

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Soy tumbles to 2020 lows as rains seen aiding US crops

By Renee Hickman, Reuters July 29, 2024
Chicago soybean prices plunged on Monday to the lowest since October 2020, as forecasts for rain in the U.S. crop belt alleviated concerns over the potential impact on crop yields from hot and dry weather.


U.S. livestock: Lean hog, cattle futures turn lower on demand questions
Markets, Reuters

U.S. livestock: Lean hog, cattle futures turn lower on demand questions

By P.J. Huffstutter, Reuters July 29, 2024
Chicago Mercantile Exchange (CME) livestock futures turned lower on Monday, as cattle futures fell on signs of profit taking, a steady cattle cash market and uncertainty about consumer demand for beef this fall, market analysts said.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soy tumbles as U.S. rain forecast offers relief

By Renee Hickman, Reuters July 26, 2024
Chicago Board of Trade soybean and corn futures plunged on Friday but were set for weekly gains, as weather forecasts indicated positive news for crops in the central United States.


Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Feeder cattle gain strength as corn prices plunge

By Renee Hickman, Reuters July 26, 2024
Chicago Mercantile Exchange (CME) cattle futures ticked up Friday on steep losses in the U.S. grains market, while lean hogs mostly firmed on short-covering, analysts said.

U.S. livestock: Lean hog futures firm on technical trade; cattle futures mixed
Markets, Reuters

U.S. livestock: Lean hog futures firm on technical trade; cattle futures mixed

By Renee Hickman, Reuters July 24, 2024
Chicago Mercantile Exchange (CME) lean hog futures ticked up on technical trading on Wednesday, while cattle futures were mixed to lower, analysts said.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Chicago grains firm as forecasts call for hot, dry weather

By Renee Hickman, Reuters July 24, 2024
Chicago wheat and corn gained strength on Wednesday as the market monitored a hot, dry spell forecast in parts of North America, but gains were capped by sizeable global supplies.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Technical trading sends CME livestock futures higher

By P.J. Huffstutter, Renee Hickman, Reuters July 23, 2024
Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, with cattle futures continuing to firm amid signals that cash market prices may ease, market analysts said.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybeans, corn touch two-week highs on short-covering, weather

By P.J. Huffstutter, Reuters July 23, 2024
The price rally in Chicago Board of Trade (CBOT) corn futures extended into a second day on Tuesday, with the most-active contract Cv1 reaching a two-week high, as traders began to focus on weather-related impacts on the U.S. crop and short-covering, market analysts said.

File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Beef Cattle, Livestock, Markets

Klassen: Feeder market leaps higher

By Jerry Klassen July 23, 2024
For the week ending July 20, Western Canadian yearlings traded $8-$15 above prices from seven days earlier. Values for larger groups of quality calves were up $8 to $10 from a week earlier while run of the mill smaller packages were relatively unchanged.


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