Reading Time: < 1minute Chicago cattle futures settled on either side of unchanged, Tuesday, after setting fresh highs on Monday. Lean hog contracts made modest gains.
Reading Time: 2minutes For the week ending May 10, Western Canadian feeder cattle markets traded steady to $5 higher on average. Quality packages of lighter calves were priced $10-$15 above week ago levels. Many auction barns are only holding sales every two or three weeks at this time of year with limited numbers on offer. This made the market hard to define in certain weight categories.
Reading Time: < 1minute Chicago Mercantile Exchange live cattle and feeder cattle futures crept higher on Tuesday as strong wholesale beef prices and a tight cattle supply compelled meatpackers to pay up for each head of cattle, lending support to the cash market and cattle futures, analysts said.
Reading Time: 2minutes For the week ending May 2, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. The heifer discount to steers continues to narrow. Steady buying interest from Ontario was noted in Manitoba and certain locations in Saskatchewan.
Reading Time: 2minutes Chicago Mercantile Exchange live cattle and feeder cattle futures stormed to contract highs on Friday, as tight U.S. supplies drove cash prices to records this week, traders said.