Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were largely mixed on Tuesday, not quite able to fully join the upswing in the futures and equities markets. United States President Donald Trump is determined to add another 50 points to its tariffs on the country’s imports from China. Together with previous and current […] Read more
U.S. livestock: Prices mixed amid upticks in futures and equities
Boxed beef prices either side of steady as well.
Klassen: Feeder market experiences volatility during U.S. tariff week
Reading Time: 2 minutes 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.
U.S. livestock: Tariff machinations weigh on values
Reading Time: < 1 minute 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.
U.S. livestock: Tariffs pull down beef, pork
Export sales, monthly census reports issued
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, following the trend in most North American futures and stock markets. The downturn came after United States President Donald Trump announced his wide-ranging reciprocal tariffs on Wednesday. Meanwhile, the U.S. Department of Agriculture issued its export sales report for the week […] Read more
U.S. livestock: Cattle prices climb higher, hog prices pull back
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange were higher on Wednesday, a few hours before United States President Donald Trump unveiled his reciprocal tariff plan.
Feed Grains Weekly: Barley waning, wheat on the rise
Trump’s tariffs a wild card
Reading Time: 2 minutes While feed barley prices are generally flat across the Prairies, those for feed wheat are climbing, said Susanne Leclerc of Market Master Ltd. in Edmonton.
U.S. livestock: More gains for cattle, hogs
Reading Time: < 1 minute Live and fed cattle futures on the Chicago Mercantile Exchange continued higher on Tuesday, building on yesterday’s gains.
Klassen: Healthy feedlot margins supports feeder complex
Reading Time: 2 minutes 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.
Klassen: Feeder cattle follow live cattle futures higher
Reading Time: 2 minutes For the week ending March 22, Western Canadian feeder cattle markets traded steady to $5 higher on average. Higher quality strings under 600 pounds traded $5 to as much as $10 higher in some cases but the lighter weight categories were quite variable across the Prairies.
U.S. livestock: Cattle futures mixed Tuesday
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange were mixed on Tuesday, seeing continued strength in the front months at the close while edging lower in the more deferred contracts.