Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures inched lower on positioning on Tuesday as thin volumes led to a sideways, choppy trade. Hog futures rose as traders covered short positions ahead of the U.S. Department of Agriculture’s quarterly Hogs and Pigs report, which they had expected to show a 0.9 […] Read more
U.S. livestock: CME cattle futures lower after sideways trade
Klassen: Feeder market closes year on soft tone
Reading Time: 2 minutes For the week ending December 20, Western Canadian feeder cattle markets were steady to $10 weaker compared to seven days earlier. For the second week in a row, the price range was quite wide for similar weight cattle. Larger operations were focused on pre-conditioned vaccinated cattle given the adverse weather conditions. The quality of cattle […] Read more
U.S. livestock: Hogs rise ahead of ‘Hogs and Pigs’ report
Reading Time: < 1 minute Chicago cattle futures continued to inch upward on Monday. Hogs also rose in anticipation of Tuesday’s Hogs and Pigs report. Most-active February live cattle futures closed at 231.425 cents a pound, up 0.625 cents. April live cattle settled at 231.075 cents a pound, up 1.075 cents. Most-active March feeder cattle closed at 340.500 cents a […] Read more
U.S. livestock: ‘Cattle on feed’ report supports prices
Reading Time: < 1 minute Chicago cattle futures rose as the USDA’s ‘Cattle on Feed’ report showed inventories two per cent down from a year ago. Most-active April live cattle futures gained 1.850 cents to close at 230.000 cents a pound. June contracts settled at 223.825 cents per pound, up 1.725 cents. Most-active March feeder cattle futures gained 4.800 cents […] Read more
U.S. livestock: Cattle futures lower on falling beef prices, selling
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures tipped lower on Thursday as falling wholesale boxed beef prices and long liquidation pressured the market, analysts said. A decline in boxed beef prices has made meatpackers, whose margins continue to remain in the red, less willing to pay up for cattle. “The […] Read more
U.S. livestock: Hogs, cattle fall
Reading Time: < 1 minute Chicago Mercantile Exchange livestock futures fell across the board on Wednesday. Most-active February live cattle futures closed at 229.550 cents a pound, down 1.150 cents. April contracts also fell by 1.150 cents to settle at 229.125 cents. Most-active January feeder cattle contracts closed at 341.525 cents per pound, a loss of 1.800 cents. March futures […] Read more
U.S. livestock: Cattle rise, hogs recoup losses
Reading Time: < 1 minute Chicago live and feeder cattle futures rose on Tuesday while hog contracts regained Monday’s losses. Most-active February live cattle futures closed at 230.700 cents a pound, up 0.150 cents. June live cattle settled up 0.275 cents at 223.700 cents per pound. Most-traded January feeder cattle gained 3.400 cents to close at 343.325 cents a pound […] Read more
Klassen: Feeder market sees wide price range
Reading Time: 2 minutes For the week ending December 13, Western Canadian feeder cattle markets traded $10 higher to $10 lower compared to seven days earlier. Overall volumes were lower compared to previous weeks which contributed to the wide price range across the Prairies. Adverse weather and variable quality were also factors influencing the price structure. Major operations more […] Read more
U.S. livestock: Cattle make small gains, hogs fall
Reading Time: < 1 minute Chicago cattle futures made modest gains on Monday while hogs pulled back. Most-active February live cattle closed at 230.550 cents a pound, up 1.000 cents. April contracts gained 0.625 cents to settle at 230.025 cents a pound. Most-active January feeder cattle futures settled at 339.925 cents a pound, up 0.825 cents. March contracts gained 0.775 […] Read more
U.S. livestock: CME cattle futures end lower, hogs mostly lower
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Friday on profit taking, inflation concerns and mixed wholesale prices, brokers said. Feeder cattle futures fell during the trading session, after cattle futures jumped to their highest levels on Thursday since late October – following a jump in cash prices for slaughter-ready […] Read more
A message from April Stewart, Country Guide's Associate Editor
