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Tag Archives feeder cattle

CME August 2019 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures weaken as beef prices decline

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures slumped on Tuesday as concerns about declining beef prices continued to hang over the markets. Decreasing beef prices have spurred expectations that meat packers such as Tyson and Cargill may be less aggressive when bidding to buy cattle, said Mike Sands, […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market experiences fortuitous bounce

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $2-$5 higher on average. Auction barns had limited numbers on offer but strong buying interest surfaced for quality packages. Alberta feedlots were the main buyers setting the price structure. There were two main factors enhancing demand this week. First, U.S. packers started to show some […] Read more
CME October 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle sag as traders eye lower boxed-beef prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended mostly lower on Monday as weak boxed beef prices fueled concerns about increasing supplies. Select-grade boxed beef was $189.21/cwt on Monday afternoon, down 2.7 per cent from a week ago, according to U.S. Department of Agriculture data issued after the close of trading […] Read more
CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs book biggest one-week climb since April

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday and the most-active August contract recorded its biggest weekly gain since April, supported by expectations of thinning U.S. hog supplies, traders said. A glut of hogs has hung over the futures market for months, but traders see supplies starting to […] Read more
CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs end lower

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell about three per cent on Thursday on sluggish cash markets, traders said, retreating after a two-session surge that lifted the August contract to a near-three-week high a day earlier. CME August lean hogs settled down 2.55 cents at 79.175 cents/lb., one day after […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market softens on limited volumes

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were steady to $3 lower on average. Many auction barns were on holidays last week. Auctions that did hold sales had limited numbers on offer. The feeder market remains under pressure due to negative feeding margins, firm feed grain values and weakness in deferred live cattle […] Read more
CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit up on firming cash pork, China hopes

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures roared higher on Tuesday, with the most-active August and October contracts settling up by the daily three-cent-per pound limit on a mix of technical buying, firmer cash pork values and optimism about U.S. trade talks with China, traders said. CME’s most-active August lean hogs […] Read more
CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs down on ample supplies

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Monday for a third straight session as plentiful U.S. hog and pork supplies continued to weigh on the market, analysts said. CME’s most-active August lean hogs contract ended down 0.975 cent at 76.075 cents/lb. after dipping to 75.575 cents, its lowest […] Read more
CME October 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle jump on firmer cash trade

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Reading Time: < 1 minute Chicago | Reuters –– Chicago Mercantile Exchange (CME) live cattle futures settled higher on Friday and set a one-month top, buoyed by higher cash cattle trades in northern states including Nebraska and Iowa, traders said. The U.S. Department of Agriculture (USDA) confirmed that more than 22,000 head of cattle traded Wednesday in Nebraska, mostly from […] Read more

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