Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock markets ended lower again on Tuesday, with cattle and hog futures easing on demand concerns, analysts said. Front-month feeder cattle futures hit their lowest price since March 3, extending a retreat from a 2015 high reached last week. Front-month live cattle, meanwhile, touched a three-low on Monday. […] Read more
U.S. livestock: CME cattle, hogs decline amid demand worries
April feeder cattle lowest since March 3
U.S. livestock: CME live cattle hit one-month low on profit-taking
Hogs, feeder cattle also lower
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to their lowest price in more than a month, while feeder cattle sank below a one-week low on Monday on profit-taking following recent rallies, brokers said. Feeder cattle closed lower for the third consecutive session after the front-month contract touched a 2015 high last […] Read more
U.S. livestock: CME feeder cattle retreat as corn prices rise
Live cattle also lower, lean hogs up
Reading Time: 2 minutes Chicago | Reuters — Feeder cattle futures on Friday extended a setback from 2015 highs the front-month contract reached this week, as rising corn prices temporarily dampened expectations for cheaper livestock feed, analysts said. Corn futures ended higher on the Chicago Board of Trade after sliding earlier to a seven-month low. Feed is generally the […] Read more
U.S. livestock: CME feeder cattle pull back
CME lean hogs end day mixed
Reading Time: 2 minutes Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange on Thursday ended lower on Thursday as the front-month contract pulled back from its highest prices in nearly 7-1/2 years. Traders took some profits after futures rallied recently on falling corn prices, brokers said, adding that continued declines in the corn market could […] Read more
U.S. livestock: CME feeder cattle climb to another contract high
April live cattle lower, lean hogs up
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures reached a contract high for a second consecutive session on Tuesday, while live cattle futures retreated from a contract high set a day earlier, brokers said. Reduced U.S. herd sizes due to drought have propelled futures higher recently, though some brokers said supply concerns have […] Read more
U.S. livestock: CME feeder cattle set contract high on tightening supplies
Chicago live cattle also up, lean hogs down
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures jumped to a new contract high on Monday on firm cash prices and increasing concerns about reduced U.S. herd numbers, analysts said. Traders focused on tighter cattle supplies as demand from meatpackers for livestock to slaughter remained strong. Ranchers have reduced herd sizes due to […] Read more
U.S. livestock: Cattle, hogs rally on strong outside markets
Weather forecast also supportive
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose sharply on Friday, as gains in outside markets bolstered optimism about the economy and consumer demand for beef and pork, traders said. Concerns that a late winter storm forecast for the U.S. Midwest this weekend could disrupt supply chains added support to livestock […] Read more
U.S. livestock: Cattle, hogs ease on weak exports
Boxed beef prices seen firm
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Thursday, with signs of weakening export demand for beef and pork pressuring prices. Traders also said the cattle market was still ripe for profit taking even after falling on Wednesday. The U.S. Agriculture Department said on Thursday morning export sales of beef […] Read more
U.S. livestock: Cattle, hog futures drop but declines limited
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Wednesday, with profit taking noted as prices remained near multi-year highs hit during February. Strength in the cash market limited the declines. Hog futures also were weaker but the market remained underpinned by hopes that recent weakness in soybeans and corn will cut […] Read more
Crop, livestock prices offset reduced marketings in 2022
StatCan data on farm cash receipts tracks recovery off 2021 drought
Reading Time: 2 minutes New full-year data on Canada’s farm cash receipts in calendar 2022 show how increased commodity prices last year more than offset the drop in quantities sold. Statistics Canada on Tuesday released figures showing Canadian farm cash receipts in 2022 at $94.9 billion, up 14.1 per cent from 2021, including crop receipts of $53.9 billion (also […] Read more