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Livestock, Markets

U.S. livestock: Cattle futures jump back up, hogs fall

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Reading Time: < 1 minute Chicago cattle futures jumped back up after Tuesday’s losses while hogs continued to slide. Most-active April live cattle contracts gained 3.550 cents to close at 240.975 cents per pound. June live cattle settled at 236.575 cents a pound, up 2.775 cents. Most-traded March feeder cattle closed at 367.450 cents per pound, up 2.675 cents. April […] Read more
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Livestock, Markets

U.S. livestock: Chicago cattle and hogs slide back

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Reading Time: < 1 minute Chicago Mercantile Exchange cattle and hog futures slipped back on Tuesday. Most-active April live cattle contracts lost 0.775 cents to close at 237.425 cents a pound. June futures settled at 233.800 cents a pound, down 0.525 cents. Most-traded March feeder cattle futures closed at 364.775 cents a pound, down 2.675 cents. April feeders settled at […] Read more
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Livestock, Markets

Klassen: Calf markets continue to climb

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Reading Time: 2 minutes For the week ending February 7, Western Canadian feeder markets traded $10 higher to $10 lower compared to seven days earlier. The cash market was extremely volatile as the sell-off in the feeder cattle futures on Thursday, February 5, installed cautious tone amongst buyers late in the week. Fleshier cattle in smaller packages were discounted […] Read more
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Livestock, Markets

U.S. livestock: Cattle rise, hogs fall as traders watch other commodities

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Reading Time: < 1 minute Chicago cattle futures eked out gains on Monday while hog contracts slipped back. Most-active April live cattle futures closed at 238.200 cents a pound, up 0.950 cents. June contracts gained 0.475 cents to settle at 234.325 cents. Most-traded March feeder cattle contracts closed at 367.450 cents per pound, up 0.025 cents. April feeders settled at […] Read more
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Beef Cattle, Livestock

Klassen: Feeder Cattle Market Waits For Direction

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Reading Time: 2 minutes For the week ending January 31, Western Canadian feeder markets were relatively unchanged from seven days earlier. Adverse weather in southern Alberta may have tempered buying interest for lighter weight calves.  Alberta packers were buying fed cattle on a dressed basis in the range of $508-$510 per hundredweight delivered, steady to $2/cwt higher than last […] Read more

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