Chicago Mercantile Exchange cattle futures fell in a technical reversal on Thursday after three days of gains, while lean hogs rebounded from three days of long-liquidation losses, analysts said.
Feeders
U.S. cattle: CME cattle futures close lower on technical selling
U.S. facing crucial beef shortages
Prime Cuts with Steve Kay
The shrinking U.S. beef cow herd is raising more concern in the beef industry. Many observers wonder whether there will be enough cattle in the next two years to fill feedlots and beef processing plants and enough beef to satisfy consumer demand. There are no signs that producers have stopped sending more beef cows to […] Read more
Study aims for finishing benchmarks for beef cattle
Glacier FarmMedia – If you’re a feedlot or backgrounding operation manager with an hour to spare, a group of Canadian researchers wants your help. The team behind the Canadian Feedlot Benchmark Study says their survey, now underway, will help create a national benchmark database of backgrounding and finishing practices used in herds across Canada. The […] Read more
U.S. livestock: Live cattle futures close at highest since May on strong cash prices
Chicago Mercantile Exchange cattle futures rose for a third-straight session Wednesday on strong cash cattle prices, as feeder cattle followed, analysts said.
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.
Mongolian company turns to Canada for agricultural expertise
Mongolia is behind in technology, but borders on huge markets, motivating those working in agriculture to learn as much as they can
When you think of Mongolia, you likely don’t think about how it may be similar to Canada. Instead, you might think about its vast wilderness or mountain ranges that run into the frigid Gobi Desert. You may know of the traditional culture of Mongolian nomads or the history of the Mongol Empire. Though there are […] Read more
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
Canadian Cattlemen Presents: Depth of Field
