Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.
Tag Archives feeder cattle
U.S. livestock: Cattle futures lower, hogs mostly down on demand questions
U.S. livestock: Live cattle futures continue rally on steady demand
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
U.S. livestock: Cattle futures end higher in light pre-holiday trade
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.
Klassen: Light volumes characterize feeder market
Reading Time: 2 minutes For the week ending June 29, Western Canadian yearling and calf markets were unchanged from seven days earlier. Many auction barns are in holiday mode and volumes were light, making the market hard to define. Late blooming stragglers and off grade calves were common.
U.S. livestock: Cattle futures lower, hogs higher, on month-end positioning
Flooding in Midwest provides some support for hogs as roads, rail lines washed out around processors
Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.
U.S. livestock: Hog futures turn lower ahead of USDA hog-pig report
Reading Time: 2 minutes Chicago Mercantile Exchange lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that U.S. farmers had a slightly larger hog herd, traders said.
U.S. livestock: Livestock futures turn higher on technical trading, Midwest floods
Reading Time: 2 minutes Chicago Mercantile Exchange lean hog futures turned higher on Wednesday as fund investors adjusted their positions and sought short-covering, even as many contracts set new lows for a second trading day, traders said.
U.S. livestock: Hogs set contract lows as traders await US herd data
Reading Time: < 1 minute Analysts surveyed by Reuters project that quarterly USDA data will show the herd on June 1 was about 0.8 per cent bigger than a year earlier and that the number of pigs per litter was up 2.3 per cent in the March-May period.
Klassen: Canadian heifer retention tightening feeder supply
Reading Time: 2 minutes Alberta and Saskatchewan heifer placements in the lighter weight categories are down from year-ago levels. Comments from ranchers and order buyers suggest that Western Canadian ranchers are holding back on heifers to expand the herd. This usually results in a narrowing of the steer/heifer spread.
U.S. livestock: Nearby cattle futures rise on strong demand
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) nearby cattle future contracts turned higher on Monday as stronger-than-expected domestic seasonal demand and firm prices in the cash market gave futures a boost, market analysts said.
A message from April Stewart, Country Guide's Associate Editor
