Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures ticked up on Wednesday as pork cutout values remained strong and a weaker dollar made U.S. exports more competitive, traders said.
Tag Archives beef
U.S. livestock: Hog futures up slightly on firm demand, weaker dollar
U.S. livestock: Cattle futures rise on strong stock market, retail sales
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle and feeder cattle futures edged up on Tuesday on stock market gains and strong economic data, traders said.
Beef cow, replacement heifer numbers suggest producers aren’t ready to grow herds: FCC
Reading Time: < 1 minute Beef cattle prices have trended above the five-year average, but low numbers of replacement heifers and beef cows suggests producers aren't ready to grow cattle herds.
Klassen: Discounts start to appear in the feeder market
Reading Time: 2 minutes For the week ending September 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. However, yearling quality has become quite variable resulting in a diverse price structure.
U.S. livestock: Live cattle futures slip on waning consumer demand
Reading Time: < 1 minute Chicago Mercantile Exchange live and feeder cattle futures slipped on Monday as boxed beef prices retreated and consumer demand fell, traders said.
U.S. livestock: Profit-taking pushes down CME cattle futures after gains
Reading Time: 2 minutes Traders booked profits ahead of the weekend, after the markets previously found support from gains in equities and improved processor margins that should boost demand for slaughter-ready cattle. Beef processors were earning $54.30 for each head of cattle they slaughtered, after losing money on each animal just a month ago, HedgersEdge.com data shows.
U.S. livestock: Live cattle futures end lower in consolidation
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce, while feeder cattle futures firmed as corn prices declined, signaling cheaper feed costs.
Klassen: Feeder cattle markets in price discovery mode
Reading Time: 2 minutes For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.
U.S. livestock: Cattle futures rally in turnaround from slide last week
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on short covering on Monday, analysts said, as the markets recovered from a slide last week.
U.S. livestock: Live hog prices tick up, seasonal dip less sharp than expected
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) lean hog prices ended up slightly on Friday as analysts said a seasonal drop in pork prices toward the end of summer looked less drastic than expected.