Reading Time: 2 minutes The holiday break for the cattle market is analogous to an the intermission between periods of hockey game. Feedlot operators assess inventory and to focus on the market structure. They’re planning their purchase strategy for the next couple months.
Klassen: Cattle producers anxious about 2024
No sales the first week of 2024 as markets assess inventory, plan strategy
U.S. livestock: CME live cattle retreat from one-month high, traders eye US weather
Lean hogs rose on hopes that U.S. cash prices had reached bottom
Reading Time: 2 minutes Live cattle futures on Monday rose to their highest level in more than a month before retreating as traders waited to see the impact of wintry weather on livestock in the central U.S.
U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week
Live cattle slipped somewhat but ended the week up 1.2 per cent
Reading Time: 2 minutes Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.
U.S. livestock: Lean hogs finish weaker, set another contract low
Packers losing money processing beef due to tight supply
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.
U.S. livestock: CME cattle hit November highs as lean hogs set contract lows
Large supplies of hogs continue to pressure futures, analysts said
Reading Time: < 1 minute Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.
Klassen: Feeder market quiets at year-end
Feeding margins have moved into negative territory, setting a negative tone for replacements
Reading Time: 2 minutes The last full week of 2023 was characterized by lower volumes and limited buying interest. Feedlot operators don’t want to weigh down schedules of hired hands over the holidays. Many auction barns were closed for the season while some held bred cows and bred heifer sales.
U.S. livestock: CME cattle, lean hog futures mixed to lower
China's beef purchases supports live cattle
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) livestock futures were mostly mixed to lower on Friday, on limited technical trading and less-than-robust beef export news ahead of the New Year's holiday.
U.S. livestock: CME cattle, lean hog futures weighed by demand questions
Plains blizzards and cold winter weather stressed animals and impacted weight gain
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) livestock futures mostly ended lower on Thursday, as a sluggish cash market weighed on nearly all cattle markets and hog traders continued to wrestle with concerns about demand for hefty pork supplies, analysts said.
U.S. livestock: CME lean hog, cattle future contracts mixed
Live cattle futures eased on profit-taking and weaker-than-expected cash trades
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) feeder cattle futures firmed on Wednesday, seeing a boost from weakness in the grain market and as the trade tried to spur ranchers to rebuild their herds, analysts said.
U.S. livestock: CME lean hogs firm, but face bigger-than-expected US herd
Live cattle ended the day down, feeder cattle were up
Reading Time: 2 minutes Chicago Mercantile Exchange lean hogs turned higher on a technical bump on Friday, and cattle futures were mixed on moderate cash trades, traders said.
A message from April Stewart, Country Guide's Associate Editor
