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Tag Archives feeder cattle

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market starts year with cautious tone

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Reading Time: 2 minutes Western Canadian feeder cattle prices were relatively unchanged to slightly softer compared to mid-December. The market was lightly tested, with direct off farm to feedlot trade, but auction market activity was rather quiet. Winter conditions in southern Alberta caused buyers to be on the defensive, with lighter calves reflecting small discounts; however, vaccinated feeders on […] Read more
CME February 2019 lean hogs with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs rise on China hopes

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures were mostly higher on Tuesday, supported by prospects for improving export demand, traders said. The market was waiting for a pickup in deals from China due to the spread of African swine fever there. “That hope is still out there, but it’s elusive, and it’s up […] Read more
CME February 2019 live cattle with 20-dat moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle break losing streak on bargain buying

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose 1.2 per cent on Monday, rebounding from five straight sessions of declines on a round of bargain buying. Feeder cattle futures also closed higher after sinking to a one-month low during the session while lean hog futures eased. Cattle also received support from news […] Read more
U.S. livestock: Cattle ease on technical selling after steady cash sales
Livestock, Markets, Reuters

U.S. livestock: Cattle ease on technical selling after steady cash sales

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures eased as much as one per cent on Thursday, weighed down by technical selling and steady deals in cash markets in the southern Plains, traders and analysts said. Live cattle futures weakened for the fourth straight session on the Chicago Mercantile Exchange. The market had climbed to life-of-contract […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Favourable margins support feeder market

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Reading Time: 2 minutes There were no sales last week with auction barns closed for the holiday season; therefore, we start the year looking forward at factors that will influence the feeder market over the next month. While the feeder market was quiet, feedlot operators were surprised with the U.S. fed cattle market jumping US$3-$4 from seven days earlier. […] Read more
CME February 2019 live cattle with 100-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle weaken on profit-taking, hogs firmer

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures finished slightly lower on Monday as traders locked in profits in end-of-year position squaring, after prices earlier touched contract highs, traders said. Lean hog futures were mostly higher, buoyed by short-covering and position squaring on the final trading day of the month, quarter and year. Cattle futures […] Read more
CME January 2019 feeder cattle with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle edge higher on technical buying, weather

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures edged higher on Friday, buoyed by technical buying and as wintry weather in the U.S. Plains hampered transportation of animals to market, traders and analysts said. Heavy snowfall, rains and falling temperatures in much of the central U.S. stressed livestock, likely slowing weight gains in […] Read more
CME February 2019 live cattle with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle jump to contract highs

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures climbed to life-of-contract highs on Thursday as a storm brought blizzard-like conditions to much of the Plains cattle belt, stoking expectations of higher prices for the animals in cash markets, traders said. Heavy snow could impede transportation of cattle to market in Nebraska, Kansas, Oklahoma and elsewhere while […] Read more
CME February 2019 live cattle, with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

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

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Reading Time: < 1 minute Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with cattle buoyed by expectations for gains in cash markets while hogs climbed on short covering after staying above Monday’s six-week lows, traders and analysts said. Prices for both cattle and hogs moved in relatively narrow ranges on the Chicago Mercantile Exchange (CME) […] Read more

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