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U.S. livestock: Cattle futures ease after hitting contract highs
Livestock, Markets, Reuters

U.S. livestock: Cattle futures ease after hitting contract highs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday on a round of profit taking after hitting contract highs early in the session. Feeder cattle contracts weakened in sympathy while hog futures eased on concerns about the spread of African swine fever, traders said. Hog futures hit their lowest since Aug. […] Read more
U.S. livestock: Live cattle mostly higher on good demand, cold concerns
Livestock, Markets, Reuters

U.S. livestock: Live cattle mostly higher on good demand, cold concerns

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures for April delivery, the most actively traded contract, firmed for the fourth day in a row on Wednesday on good end-user demand. The contract hit an all time-high of 128.15 cents/lb. during Wednesday’s session but closed slightly below that peak (all figures US$). The front-month […] Read more
U.S. livestock: Feeder cattle weak as temperatures fall
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle weak as temperatures fall

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly firmer on Tuesday, with the most-active April contract hitting an all-time high, due to strong domestic demand, traders said. Feeder cattle futures were mixed, with the nearby contracts easing as temperatures in key livestock production regions of the U.S. are forecast to plummet […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Feeder market easily absorbs adverse weather

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Western Canadian feeder markets were relatively unchanged from week-ago levels but there were a couple of unique characteristics in certain regions. Quality yearling packages were $2-$4 higher in Alberta but fleshier replacements were discounted. Eastern Prairie regions had grass cattle under 600 lbs. trading $3 to as much as $8 above week-ago levels. Order buyers […] Read more
U.S. livestock: Hogs mostly lower
Livestock, Markets, Reuters

U.S. livestock: Hogs mostly lower

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Chicago | Reuters — Chicago Mercantile Exchange hog futures closed mostly lower on Monday, with the market still technically weak despite four straight days of declines last week. The most-active April hog contract managed to close slightly higher on a mild bargain-buying bounce after hitting its lowest since mid-August. But most hog contracts were weaker. […] Read more
U.S. livestock: CME hogs weaken on technical selling, demand uncertainty
Livestock, Markets, Reuters

U.S. livestock: CME hogs weaken on technical selling, demand uncertainty

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Chicago | Reuters — Chicago Mercantile Exchange hog futures eased on Thursday on a round of technical follow-through selling after declining on Wednesday, traders said. Weakness in the cash market, as well as uncertainty about demand from China, also weighed on the hog market. CME February lean hogs closed Thursday at 59.825 cents/lb., down from […] Read more
U.S. livestock: CME cattle futures rise on bargain buying
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise on bargain buying

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Wednesday, led higher by a bargain buying bounce in the feeder cattle contracts. The feeder cattle market, which jumped 1.4 per cent on Wednesday, was sharply oversold after the front-month contract hit its lowest since May 24 on Tuesday, traders said. “The feeder market […] Read more

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