Reading Time: 2 minutes Chicago Mercantile Exchange livestock futures turned lower on Tuesday, on pressure from the equity markets after government data showed U.S. inflation slowed less than expected in January.
Beef cattle
U.S. livestock: Livestock futures turn lower on pressure from equity markets
Strong U.S. dollar adds pressure to cattle, hog futures
Number of US farms falls and size increases, census shows
Number of acres in production falls by 20 million
Reading Time: 2 minutes Farms in the U.S. continued to get larger and the number of farms fell between 2017 and 2022, new data released by the U.S. Department of Agriculture showed on Tuesday.
Klassen: Feeder market continues to climb
Canadian values appear to be one week behind the U.S. market
Reading Time: 2 minutes For the week ending February 10, Western Canadian the market for yearlings over 800 pounds was $3/cwt to $6/cwt compared to a week earlier. Feeder cattle suited for grass and calves were up $8/cwt to as much as $25/cwt in some cases compared to the week prior. Quality steers averaging 600 pounds were readily trading in the range of $410-$425 up from the range of $380-$395 last week.
U.S. livestock: Feeders firm, live cattle futures ease
Lean hogs also finish lower amid demand questions
Reading Time: 2 minutes Chicago Mercantile Exchange feeder cattle futures posted solid gains on Monday, on weakness in the corn market and amid market signals that feed lots may be interested in holding their herds back from slaughter, traders said.
Early application window open for 2024 cash advances
The Advance Payments Program is a federal loan program administered by CCGA
Reading Time: < 1 minute Western-Canadian farmers can apply for a 2024 spring cash advance through the Canadian Canola Growers Association starting today.
Pork Council joins call for delay of U.K. ascension to trade deal
Britain has shown it's not interested in free, fair trade of agricultural products, group says
Reading Time: 2 minutes The Canadian Pork Council (CPC) says it's joining a meat industry coalition that's calling for a re-think of the United Kingdom's joining of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
U.S. livestock: CME lean hogs firm; cattle futures mixed on technical resistance
Cattle market continued to feel pressure from winter weather in Midwest
Reading Time: 2 minutes Chicago Mercantile Exchange lean hog futures turned higher on Friday, bolstered by export sales that include China buying U.S. pork supplies for their open market, traders said.
U.S. livestock: Live cattle, nearby feeder cattle futures firm
Lean hog futures bounce back from early lows
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.
Feed grain weekly outlook: Ample supplies pushing down prices
Livestock feeders well covered with U.S. corn, pressuring prices
Reading Time: 2 minutes Due to good supplies, prices for feed barley and wheat continued to slide back, according to Jim Beusekom of Market Place Commodities in Lethbridge, Alta.
U.S. livestock: Cattle futures lower, hogs mixed on technical trading
Traders expect this week's prices in cash market to be higher than last week
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.