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U.S. livestock: Chicago cattle, hogs drop

Reading Time: < 1 minute Chicago cattle and hog futures fell on Wednesday. Most-active February live cattle futures lost 2.100 cents to settle at 234.525 cents per pound. April live cattle closed at 235.175 cents a pound, down 2.200 cents. Most-traded March feeder cattle closed at 355.500 cents a pound, down 3.525 cents. April contracts lost 3.450 cents to settle […] Read more




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U.S. livestock: Cattle rise, lean hogs mixed

Reading Time: < 1 minute Chicago lean hog futures ended Tuesday mixed while cattle made gains. Most-active February lean hog contracts closed down 0.475 cents at 85.675 cents a pound. April futures gained 0.075 cents to settle at 91.575 cents per pound. The USDA reported pork carcass cutout value at $91.25 per cwt on Tuesday afternoon, down $2.59. Most-traded February […] Read more






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Klassen: Feeder market poised to strengthen

Reading Time: 2 minutes There were no feeder cattle sales in Western Canada for the week ending January 3. However, there were some sales in the U.S. and the Canadian markets will follow suit once activity returns to normal. For example, at the Ozarks Regional Stockyards in West Plains, Missouri, weaned and vaccinated steers and heifers over 750 pounds […] Read more


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U.S. livestock: CME hogs touch October high on fund buying

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures reached their highest level since October on Monday amid annual adjustments by funds in commodity markets, brokers said. Fund buying at the start of the year also supported grain and soy futures at the Chicago Board of Trade. CME February lean hog futures LHG26 closed […] Read more