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Tag Archives feeder cattle

(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Adverse weather tempers feeder market

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $3-$5 lower. Excessive snow in Alberta and ongoing rains across Manitoba and Saskatchewan set a negative tone. The market appeared to incorporate a risk discount, although many auction barns had limited numbers on offer. Buyers once again focused on local cattle and avoided transportation over […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hogs limit down on U.S.-China trade jitters

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures fell their daily limit on Monday, declining for a fifth straight session as an aggressive slaughter pace and uncertainty about this week’s U.S. trade talks with China overshadowed rising pork cut-out values, traders said. The selloff came as U.S. and Chinese deputy trade negotiators launched a […] Read more
CME December 2019 hogs with 30-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs extend losing streak

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Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures fell for the fourth day in a row on Friday, extending a losing streak that pulled prices off a two-week high hit on Monday. Traders said gains in the futures earlier in the week outpaced cash market strength and the spread between the two markets needed correcting. Cattle […] Read more
CME December 2019 live cattle with 20-, 100- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit highest since Aug. 9

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Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures were mixed on Wednesday, with hog contracts easing for the second day in a row on technical follow-through selling while cattle futures firmed. The most-active December live cattle contract hit its highest in nearly two months. Traders said futures prices for hogs had rallied too sharply compared to […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Yearling prices remain firm

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets were relatively unchanged with the exception of southern Alberta where 800-plus-lb. feeders traded $5 to as much as $8 higher. Strength in deferred live cattle futures and weakness in barley prices were the main factors driving demand in the Lethbridge area. The U.S. Department of Agriculture’s bullish […] Read more

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