Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower on Thursday, with the most-active feeder cattle contract FCU24 falling more than two per cent, amid a flurry of fund selling and signs of weakening consumer demand.
U.S. livestock: Cattle futures fall amid fund selling, lower wholesale prices
U.S. livestock: Lean hog futures higher on technical trade; cattle futures mixed
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) lean hog futures firmed on technical trading and weaker wholesale prices on Wednesday, while live cattle futures ended lower on a day of choppy trade, market analysts said.
Farm writer and political fundraiser Mark Kihn passes
Reading Time: 2 minutes After a long struggle with cancer, Mark Kihn, the former owner and publisher of the Charolais Banner, has died. Outside the beef industry, Kihn is likely best known for his work fundraising for Stephen Harper, rustling up over $3.5 million for Harper’s two leadership campaigns.
U.S. livestock: CME lean hogs turn down on seasonal dip
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Tuesday as the cash cattle market remained strong, while lean hogs turned lower as traders anticipated slowing ham sales.
Klassen: Western Canadian yearling prices hit fresh record highs
Reading Time: 2 minutes 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.
U.S. livestock: Lean hog, cattle futures turn lower on demand questions
Reading Time: 2 minutes 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.
U.S. livestock: Feeder cattle gain strength as corn prices plunge
Reading Time: 2 minutes 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: Live cattle futures surge on cash market, GDP data
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures climbed on Thursday, as prices in the cash market rose and signs of strength appeared in the U.S. economy, market analysts said. At one point during the session, the most-active October live cattle futures contract LCV24 surged up to 189.050 cents per pound – the highest price […] Read more
Feed Weekly: Crops still in ‘relatively good condition’
Reading Time: < 1 minute The hot and dry weather present in much of the Prairies for much of July may not have yet put a dent in production numbers. Matt Beusekom, trader for Market Place Commodities in Lethbridge, Alta., said while the heat is pressuring crops, good harvests are still expected for now. “(The heat) has definitely had an […] Read more
Brazil beef output to hit record in 2024, Conab says
Reading Time: < 1 minute Sao Paulo | Reuters – Brazil’s beef production is expected to reach a record 10.19 million metric tons in 2024, national crop agency Conab said on Thursday, a 7.1 per cent year-on-year increase that would eclipse the current all-time high set in 2006. Beef exports from the South American country are seen reaching 3.44 million […] Read more
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