(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market brewing but caution prevails

Western Canadian feeder cattle prices were steady to $4 higher relative to week-ago levels. Yearling volumes are starting to increase in central and northern Alberta while the southern and eastern regions experienced limited activity. Buyers’ opaque attitudes resulted in a firmer tone and no one could feel guilty for a minor intemperance. However, the circumspect […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs jump in technical rebound

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Friday, rebounding from earlier losses on technical buying and short-covering following the midday expiration of the August contract, traders and analysts said. Gains in hog futures came after prices neared last week’s roughly four-month lows, and hogs could still face more […] Read more


(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Lean hogs in reversal as pork extends losses

Chicago | Reuters — U.S. lean hog futures fell sharply on Thursday, reversing from earlier steep gains on pressure from declining pork prices and ample hog supplies, traders and analysts said. The price action suggested that hog futures would likely test their life-of-contract lows reached on Aug. 4 when trading resumes on Friday, analysts said. […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs jump on technical rebound

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained as much as two per cent on Wednesday, reversing from earlier losses on strength from technical buying and a rebound in wholesale pork prices, traders said. Hog futures tested life-of-contract lows reached last week but did surpass those lows, sparking short-covering. The opposite was […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: Profit-taking undercuts CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, pressured by fund selling and profit-taking after last week’s market rally, traders said. August live cattle ended 0.75 cent/lb. lower at 116.925 cents (all figures US$). October closed 0.875 cent lower at 114.65 cents and below the 100-day moving average of […] Read more



(CMEGroup.com)

U.S. livestock: Hogs fall on big supplies

Chicago | Reuters — U.S. lean hogs futures fell to 3-1/2-month lows on Thursday as investors continued liquidating long bets amid plentiful supplies and lacklustre pork export sales, traders said. Live and feeder cattle futures also eased at the Chicago Mercantile Exchange, with cattle prices reversing from multiweek highs reached earlier in the session. Hogs […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Feeder cattle gains continue as corn declines

Chicago | Reuters — U.S. cattle futures extended gains on Tuesday, with feeder cattle rising to their highest in 1-1/2 months as falling corn prices reduced costs for fattening the animals and enticed buying from investors, traders said. Optimism that slaughter-weight cattle would fetch higher prices in U.S. Plains cash markets this week also buoyed […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder cattle market seeking stability

Western Canadian feeder cattle prices continued on a downward trajectory trading $3-$5 below week-ago levels. Erratic buying interest resulted in inconsistent price action across the Prairies which made the market difficult to define. Smaller groups of various quality cattle were on offer, justifying the softer tone, but feedlot operators demonstrated unwavering fortitude even on genetically […] Read more