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Beef cattle

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Livestock, Markets

Klassen: Feeder market has volatile week

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Reading Time: 2 minutes For the week ending November 29, Western Canadian feeder cattle markets traded $10/cwt higher to 10/cwt lower compared to seven days earlier. Markets were hard to define given the volatility and emotional behavior. Certain larger operations were extremely aggressive securing ownership across Western Canada while Ontario demand was more prevalent late in the week. Alberta […] Read more
Photo: Clinton Austin/Getty Images Plus
Beef Cattle, Hogs, Livestock

U.S. livestock: Cattle futures turn lower

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Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were weaker on Monday, ending a corrective bounce off nearby lows as high beef prices are said to be limiting consumer demand. The February live cattle contract lost 1.925 cents per pound at 215.925 cents. Feeder cattle were down 2.900 cents in the January contract at 321.075 cents […] Read more
PHOTO: ALEXIS STOCKFORD
Markets, Reuters

U.S. livestock: Chicago cattle futures climb on post-Thanksgiving trade

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange’s live and feeder cattle futures ticked up on Friday in a day of abbreviated post-holiday trade. Feeder cattle futures recovered late in the week from limit-down losses on Monday, rebounding after a string of negative headlines. CME February live cattle futures LCG26 closed up 4.925 cents at 217.850 […] Read more
PHOTO: Lisa Guenther
Livestock, Markets

U.S. livestock: Futures rally ahead of U.S. Thanksgiving

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Reading Time: < 1 minute Chicago cattle and hog futures rallied on Wednesday ahead of the American Thanksgiving holiday. Most-active February live cattle contracts closed at 212.925 cents a pound, up 5.600 cents. April futures gained 5.675 cents to settle at 214.250 cents a pound. Most-traded January feeder cattle futures gained 8.050 cents to close at 315.125 cents a pound. […] Read more
Photo: Geralyn Wichers
Markets, Reuters

U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving […] Read more
PHOTO: Lisa Guenther
Livestock, Markets

Klassen: Feedlots scale down cattle purchases

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Reading Time: 2 minutes For the week ending November 22, Western Canadian feeder cattle prices were steady to $10/cwt lower on average. Earlier in the week, the heavier weight categories came under pressure while cattle under 700 pounds held value. However, by Friday, all weight ranges exhibited a softer tone. Feedlots are coming to the realization that the fed […] Read more
Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)
Livestock, Markets

U.S. livestock: Cattle futures end limit down

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Reading Time: < 1 minute Chicago live and feeder cattle futures fell by their limits on Monday following news of a Nebraska processing plant closure. All live cattle contracts fell by 7.250 cents. Most-traded June contracts settled at 201.725 cents a pound while February futures closed at 207.525 cents. Feeder cattle contracts dropped by their 9.250-cent limit. Most-traded March futures […] Read more

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