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Live cattle futures hit new contract highs on Wednesday while cattle futures came close and lean hog futures continued to recover from recent lows. The August live cattle contract gained US$1.500 per hundredweight to finish the day at US$223.900, 50 cents below the new contract high reached earlier on Wednesday. The October contract rose US$1.475/cwt[...]

Live and feeder cattle futures on the Chicago Mercantile Exchange on Tuesday recovered their losses from Monday. However, lean hog prices were mixed. August live cattle gained US$3.050 per hundredweight to close at US$222.400/cwt. Tuesday’s high of US$222.750 was the contract’s second-highest daily high ever behind US$223.275 on Friday. The October live cattle contract added[...]

Cattle futures on the Chicago Mercantile Exchange were weaker on Monday, coming down from recent highs.

Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, hitting fresh highs to end the week.

Cattle futures on the Chicago Mercantile Exchange were mixed on Thursday, with fresh contract highs in the feeder cattle market while live cattle ran into resistance at their own highs to settle with small losses.

Cattle futures on the Chicago Mercantile Exchange continued to set new records on Tuesday, as improving packer margins, strong demand and chart-based buying provided support. August feeder cattle futures were up by 5.400 cents per pound at 319.125 cents per pound. The August live cattle contract gained 4.075 cents per pound at 219.975 cents at[...]

Cattle futures on the Chicago Mercantile Exchange were stronger on Monday, hitting fresh highs in the feeder market after the Independence Day weekend while live cattle lagged to the upside. August feeder cattle futures were up by 4.225 cents per pound at 313.725 cents per pound. The August live cattle contract gained 1.850 cents per[...]

The U.S. Department of Agriculture announced on Monday a phased reopening of cattle, bison and equine imports from Mexico following a prolonged closure over the damaging pest New World screwworm.

For the week ending June 7, Western Canadian feeder cattle markets traded steady to as much as $15/cwt higher in some cases. Larger packages of quality replacements over 900 pounds were up $10-$15/cwt from prices seven days earlier.

For the week ending May 31, Western Canadian feeder cattle markets traded steady to as much as $10 lower on average. Dryer grass conditions in certain regions of Manitoba and central and northern Saskatchewan may have contributed to the softer tone at certain locations. Many feedlot operators continue to sit on their hands for the[...]