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Beef cattle

Photo: Geralyn Wichers
Markets, Reuters

U.S. livestock: Cattle mixed on technicals, profit taking after tight supply rally

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as tight supplies and higher choice beef values supported the market before profit taking and technical selling clipped gains, analysts said. Live and feeder cattle futures both notched contract highs in the previous session following nearly two straight weeks of daily advances. […] Read more
Photo: Canada Beef
Beef Cattle, Hogs, Livestock

U.S. livestock: Cattle at fresh highs, hogs weaken

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Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more
Photo: Lisa Guenther
Beef Cattle, Livestock, Markets

Klassen: Cash feeder market divorces from futures market

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Reading Time: 2 minutes For the week ending October 11, Western Canadian yearling markets traded $8/cwt higher to $5/cwt lower compared to seven days earlier. Calf prices experienced a week-over-week decline of $3-$8/cwt on average. Feather-light calves under 450 pounds were steady to $10 higher on average. The Canadian cash feeder market appeared to divorce from the feeder cattle […] Read more
Photo: Clinton Austin/Getty Images Plus
Markets, Reuters

U.S. livestock: Feeder cattle hit contract highs on tight supply

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Reading Time: < 1 minute Chicago | Reuters – All Chicago Mercantile Exchange feeder cattle futures and most live cattle futures hit contract highs on Friday on tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border. Live cattle followed feeders higher, posting new contract highs in deferred contract months, […] Read more
(Geralyn Wichers file photo)
Markets, Reuters

U.S. livestock: Feeder cattle rise to new highs on tight supply, strong cash prices

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures rallied on Thursday to a record high on strong cash market prices and tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border. Live cattle followed feeders higher, posting new contract highs in deferred contract […] Read more
Photo: Lisa Guenther
Markets, Reuters

U.S. livestock: Feeder cattle hit record high on tight supply, strong cash prices

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures scaled to a record high on Wednesday on strong cash market prices and tight supplies as the U.S. border remains closed to Mexican imports due to the northward spread of the parasitic pest screwworm. Live cattle followed feeders higher, supported by a rebound in wholesale […] Read more
Photo: Photos.com/Getty Images Plus
Markets, Reuters

U.S. livestock: Cattle futures gain on higher beef values, tight supplies

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed for a third straight session on Tuesday, propelled by rising beef prices and strong gains in the feeder cattle market, analysts said. Feeder cattle futures reached their highest point in six weeks on tight supplies of animals and an ongoing ban on Mexican imports […] Read more

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