Finishers Archives | Canadian Cattlemen

U.S. livestock: Rising beef prices buoy CME live cattle futures

Colder spell in U.S. Midwest, Plains lifts hogs

By Julie Ingwersen, GFM Network News 7 hours ago

Chicago | Reuters — U.S. live cattle futures rose on Tuesday for a fourth straight session, with deferred months setting life-of-contract highs as robust demand for beef lifted packer profit margins and bolstered demand for market-ready cattle, traders said. Chicago Mercantile Exchange April live cattle futures settled up 0.15 cent at 123.1 cents/lb., while June […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle demand improving

By Jerry Klassen, GFM Network News 23 hours ago

The feeder market received a shot of adrenaline last week as corn futures came under pressure while live cattle futures surged. During the first half of the week, western Canadian yearlings were quite sluggish and calf prices steady to $3 lower compared to seven days earlier. Some yearling packages moving direct off-farm in certain areas […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle end firm, led by rising beef prices

Lean hog futures edge higher

By Julie Ingwersen, GFM Network News 1 day ago

Chicago | Reuters — U.S. live cattle futures closed higher on Monday as support from strong wholesale beef prices and expectations of firm cash cattle prices overshadowed pressure from bearish data in a monthly cattle report released late Friday, traders said. Chicago Mercantile Exchange April live cattle futures settled up 0.425 cent at 122.95 cents/lb. […] Read more

Livestock, Markets, Reuters

U.S. livestock: Feeder cattle gain from falling feed prices

Live cattle, lean hog futures also up

By Reuters, GFM Network News 4 days ago

Chicago | Reuters — CME Group feeder cattle futures rose on Friday, bolstered by falling corn futures. March feeder cattle gained five cents to settle at 144.15 cents, adding 9.575 cents for the week — a 7.1 per cent gain as corn fell 5.8 per cent, its biggest drop since the week ending March 20, […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle climb ahead of USDA report

By Reuters, GFM Network News 5 days ago

Chicago | Reuters — CME Group live cattle futures gained on Thursday ahead of a closely watched monthly Cattle on Feed report, due out on Friday from the U.S. Agriculture Department. Traders anticipate the report will show fewer cattle heading into feedlots, as recent rallies in the grain market have increased feed costs. “The incentive, […] Read more

Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb on falling grain futures

April live cattle close lower

By Reuters, GFM Network News January 20, 2021

Chicago | Reuters — CME Group lean hog futures climbed Wednesday, supported by lower feed grain futures and expectations the U.S. herd will shrink moving into the spring, traders said. CME’s most-active April lean hogs added 1.65 cents to close at 73.075 cents/lb., while the spot February contract strengthened 1.95 cents to end at 68.425 […] Read more

Beef Cattle, Livestock, Markets

Ontario calls off final intake for beef set-aside

'Threshold not met' for further cattle intake

By Dave Bedard, GFM Network News January 20, 2021

Ontario has called off the last intake for its federal/provincial beef cattle set-aside program. The Beef Emergency Feed Maintenance Initiative, an AgriRecovery program launched after the temporary shutdown of Cargill’s beef slaughter plant at Guelph, was to have its “final potential intake week” opening Monday (Jan. 18), for cattle to be set aside starting Jan. […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle futures strengthen ahead of USDA report

CME lean hogs dip nearer cash index level

By Reuters, GFM Network News January 20, 2021

Chicago | Reuters — CME Group live cattle futures gained on Tuesday as traders began positioning ahead of Friday’s monthly Cattle on Feed report from the U.S. Department of Agriculture, traders said. Feeder cattle futures also rose, supported by weaker feed grain futures. Lean hog futures declined after gaining on Friday as futures look to […] Read more

Finishers, Livestock, Markets

Klassen: Feeder cattle market in price-discovery phase

By Jerry Klassen, GFM Network News January 19, 2021

Compared to last week, Alberta feeder cattle markets were relatively unchanged while Manitoba and Saskatchewan prices were down $2 to as much as $5 in some cases. Alberta packers were buying fed cattle on a dressed basis in the range of $248-$250, up $4-$5 from last week. Strength in the fed cattle market spilt over […] Read more

Livestock, Markets, Reuters

U.S. livestock: Hog, cattle futures rise on bargain buying

By Reuters, GFM Network News January 15, 2021

Chicago | Reuters — CME live cattle futures rose on Friday on some bargain buying but still posted their first weekly loss in five weeks, traders said. Bargain buying also supported hog futures, which had posted lower closes in seven of the previous eight sessions. Signs of weakness in the cash markets kept a lid […] Read more

Pulse weekly outlook: Adversity bolsters chickpea bids

U.S. grains: Corn soars four per cent on fresh sales to China

U.S. livestock: Rising beef prices buoy CME live cattle futures

GFM Network News

Pulse weekly outlook: Adversity bolsters chickpea bids

U.S. grains: Corn soars four per cent on fresh sales to China

U.S. livestock: Rising beef prices buoy CME live cattle futures

Archives

U.S. livestock: Rising beef prices buoy CME live cattle futures

Klassen: Feeder cattle demand improving

U.S. livestock: Live cattle end firm, led by rising beef prices

U.S. livestock: Feeder cattle gain from falling feed prices

U.S. livestock: Live cattle climb ahead of USDA report

U.S. livestock: Lean hogs climb on falling grain futures

Ontario calls off final intake for beef set-aside

U.S. livestock: Cattle futures strengthen ahead of USDA report

Klassen: Feeder cattle market in price-discovery phase

U.S. livestock: Hog, cattle futures rise on bargain buying

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