Reading Time: < 1minute Chicago live cattle and feeder contracts rose on Thursday as the USDA's cattle on feed report showed cattle inventory down two per cent compared to one year ago.
Reading Time: 2minutes For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward.
Reading Time: 2minutes During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
Reading Time: < 1minute Live and fed cattle futures on the Chicago Mercantile Exchange were weaker on Monday, continuing the downtrend that started with United States reciprocal tariffs and China’s retaliatory measures.
Reading Time: 2minutes Chicago soybean futures rose on Tuesday ahead of a meeting between a coalition of oil and biofuel groups and the U.S. Environmental Protection Agency to discuss raising federal mandates for biomass diesel blending.
Reading Time: 2minutes For the week ending March 29, Western Canadian feeder cattle markets traded $5/cwt lower to $5/cwt higher compared to seven days earlier. The price structure was largely determined by the crowd's mindset regarding potential U.S. tariffs.
Reading Time: 2minutes Chicago Mercantile Exchange (CME) cattle futures fell on Monday on technical trading, according to analysts, while lean hogs were stuck trading within a tight range following the U.S. Department of Agriculture's hogs and pigs report released the previous week.