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Tag Archives feeder cattle

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

Klassen: Feeder market ends year on firm tone

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Reading Time: 2 minutes Compared to last week, western Canadian feeder markets traded $3-$5 higher. Auction barns in the major feeding regions of Alberta had limited numbers on offer last week; therefore, major operations were sourcing feeders from farther distances. While most feedlots are carrying sufficient numbers, year-end buying was able set the market on a firm tone. April […] Read more
CME February 2019 lean hogs with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs slump on technical selloff, cash worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures declined as much as 1.4 per cent on Monday in technical selling and worries of weaker prices for hogs in cash markets, traders and analysts said. Cattle futures, meanwhile, were mostly higher on light chart-based buying in an abbreviated session at the Chicago Mercantile Exchange ahead of […] Read more
CME February 2019 live cattle with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Nearby live cattle rise on firm cash prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Friday, with firm cash cattle markets supporting actively traded nearby months. Forecasts for possible winter weather in the U.S. Plains next week, which could slow down weight gains and cattle marketings, added further support. Feedlot cattle in Nebraska traded at mostly $119/cwt […] Read more
CME January 2019 feeder cattle with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: February hogs down, cattle up ahead of USDA data

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures edged higher while hog futures eased slightly on Thursday as traders awaited the release of two key U.S. government reports. The U.S. Agriculture Department reports, released after the market closed, showed that the U.S. hog herd was slightly lower than analysts were expecting, at 102 per […] Read more
CME February 2019 lean hogs with 200-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs, cattle end mixed ahead of supply reports

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures ended mixed on Wednesday as traders squared positions ahead of two key U.S. government reports due on Thursday, traders said. The U.S. Department of Agriculture is scheduled to release its monthly cattle on feed report and its quarterly hogs and pigs report […] Read more
CME February 2019 live cattle with 20- and 50-day moving averages in light and dark red respectively. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs slump on technical selling, cattle rebound

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a fourth consecutive session on Tuesday led by the actively traded February contract, which hit a 4-1/2-week low on pressure from its premium over cash hog prices. Ample hog and pork supplies weighed on nearby futures contracts, while losses in deferred months were […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market bounces off recent lows

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Reading Time: 2 minutes Compared to last week, yearlings traded $5 to as much as $10 higher while calf markets strengthened by $4-$8. Southern Alberta experienced winds of extreme nature over the past few weeks, which caused buyers to shy away from the market; however, with year-end right around the corner, pent-up demand stepped forward with a vengeance in […] Read more
CME February 2019 lean hogs with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs drop on technical selling

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third straight session on Monday as technical selling and profit-taking dragged prices to a 4-1/2-week low. Another steep sell-off in equities markets also stoked concerns that meat demand may not meet earlier expectations over the coming months. “Today we sucked more futures […] Read more
CME February 2019 live cattle with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle hit six-week high on technical buying

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose sharply for the second straight session on Wednesday, reaching a six-week high, on technical buying and expectations that beef packers would pay higher prices for cattle this week, traders said. Cattle futures had declined earlier on Tuesday before turning higher and then surpassing the previous session’s […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle climb on technical buying, demand optimism

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week. […] Read more

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