Chicago Mercantile Exchange cattle futures rose for a third-straight session Wednesday on strong cash cattle prices, as feeder cattle followed, analysts said.
Cow-calf
U.S. livestock: Live cattle futures close at highest since May on strong cash prices
Red Angus roundup weekend a success
Purely Purebred, news from the December 2024 issue of Canadian Cattlemen
On October 12, Red Angus breeders from across Canada and the U.S. gathered at the annual Canadian Red Angus Roundup Sale. Cattle were sold across Canada and U.S.A strong group of females were on offer with sale managed by OBI Livestock Ltd. High-selling pick of the herd: Lot 2 Pick of the heifer calves at […] Read more
U.S. livestock: Cattle futures gain on consumer demand ahead of holidays
Chicago Mercantile Exchange cattle futures rose on Tuesday on technical trading and anticipation of consumer demand remaining strong going into the Christmas holidays, market analysts said.
Klassen: Feeder market continues to surge higher
For the week ending December 7, Western Canadian feeder cattle weighing 700 pounds plus traded $10 to $20 higher compared to seven days earlier. Calves under 700 pounds were up $8 to $10 on average. The markets in Manitoba and Eastern Saskatchewan were premium to Alberta in the heavier categories due to stronger U.S. and Ontario buying interest.
U.S. livestock: Cattle futures gain on wholesale demand, cutout prices
Chicago Mercantile Exchange live cattle futures rose on Monday, bolstered by a bump in wholesale cutout values and signs of ongoing consumer demand, according to analysts.
U.S. livestock: Live cattle mixed as technical selling offsets lift from firm cash
Chicago Mercantile Exchange live cattle futures traded on both sides of unchanged on Friday and finished the day mixed, underpinned by firm cash cattle prices but anchored by technical selling and seasonal pressure, analysts said.
Stronger demand and lower supplies boost price
Market Talk with Jerry Klassen
The December live cattle futures made a low of $173.50 on September 9. At the time of writing this article, the December contract was $189. During September and October, the live cattle futures rallied about $16. In the U.S., the four largest packing firms handle 85 per cent of all steer and heifer purchases. Apparently, […] Read more
U.S. livestock: Cattle futures drop on profit taking, weaker beef values
Chicago Mercantile Exchange live and feeder cattle futures fell for a second consecutive day on Thursday, pressured by technical selling and profit taking following recent highs, and as wholesale beef prices fell, analysts said.
U.S. livestock: Cattle futures recoil from highs as packer losses deepen
Chicago Mercantile Exchange live and feeder cattle futures dropped on Wednesday in a technical and profit-taking retreat following recent strong gains and as beef packer margins fell deeper in the red, analysts said.
U.S. livestock: Cattle futures bounce on tight supplies, firm cash markets
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rebounded on Tuesday from prior-session declines, continuing a recent climb sparked by tight cattle supplies and firm cash market prices. Recent strength in wholesale beef prices also encouraged continued buying despite a seasonal tendency for the market to decline after the Thanksgiving holiday […] Read more
Canadian Cattlemen Presents: Depth of Field
