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Tag Archives cattle futures

(t-lorien/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Hogs jump on hopes for China trade talks

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures jumped more than two per cent on Wednesday on news that the Trump administration is attempting to restart trade negotiations with China, a major importer which has steep duties on shipments of U.S. pork. Senior U.S. officials led by Treasury Secretary Steven Mnuchin recently sent an invitation […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market waiting for direction

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Reading Time: 2 minutes Average western Canadian feeder prices were relatively unchanged from week-ago levels; however, the yearling market in southern Alberta traded $3-$5 higher as feedlot operators focused on sourcing local cattle. High-quality yearlings are coming on the market and steady demand was evident across the Prairies. Strength in the deferred live cattle futures along with the deterioration […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs slip from three-week highs

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures settled mostly lower on Monday as early support from a swine fever outbreak in Asia and a hurricane off the U.S. East Coast faded and the market retreated from three-week highs. Technical selling in the overbought hog futures market added pressure. “The market is running out of […] Read more
(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: October hogs limit up on cash prices, swine fever fear

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures surged on Thursday on rising cash hog prices and growing concerns about the spread of African swine fever in China, the world’s top hog and pork producer, traders said. Chicago Mercantile Exchange October futures closed up the daily three-cent-per-pound trading limit, aided by technical buying in the […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle ease on profit-taking, lack of cash sales

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures eased on Friday as traders locked in profits following two straight sessions of higher prices and as beef packers bought few animals in cash cattle markets, traders and analysts said. Expectations that meat packers might pay prices roughly steady with cattle sales of about $109/cwt a week ago […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle mostly higher on technical buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were narrowly higher on Wednesday, lifted by light technical buying as traders awaited deals in U.S. Plains cash cattle markets, analysts said. Feeder cattle futures were slightly lower and lean hogs were mixed, with fresh news relatively scant. Most-active CME October live cattle ticked up […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle market softens

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $2-$5 lower on average while calf markets were relatively unchanged. Weakness in deferred live cattle futures, along with stronger barley prices, set a negative tone. Most of the Prairies have received less than 40 per cent of normal precipitation over the last 30 days, but this […] Read more

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