Chicago live and feeder cattle futures slipped from record highs on Wednesday. Most lean hog contracts also lost ground.
Feeders
U.S. livestock: Chicago cattle, hog futures edge down
U.S. livestock: CME cattle higher on surging cash market
Chicago Mercantile Exchange live cattle and feeder cattle futures crept higher on Tuesday as strong wholesale beef prices and a tight cattle supply compelled meatpackers to pay up for each head of cattle, lending support to the cash market and cattle futures, analysts said.
Klassen: Feeder market consolidates as supplies decrease
For the week ending May 2, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. The heifer discount to steers continues to narrow. Steady buying interest from Ontario was noted in Manitoba and certain locations in Saskatchewan.
U.S. livestock: Cattle set fresh highs, hogs dip
Chicago cattle futures gained fresh highs on Monday while lean hog futures slumped.
U.S. livestock: CME cattle gallop to new highs on record cash prices
Chicago Mercantile Exchange live cattle and feeder cattle futures stormed to contract highs on Friday, as tight U.S. supplies drove cash prices to records this week, traders said.
U.S. livestock: CME cattle futures hover near highs as cash prices jump
Chicago Mercantile Exchange live cattle and feeder cattle futures hovered near recent contract highs on Thursday as traders said cash prices galloped to new highs.
U.S. livestock: Cattle, hog futures drop on signs of economic contraction
Chicago cattle and hog contracts fell across the board as U.S. advance gross domestic product data pointed to the first quarterly decline in three years.
U.S. livestock: Live cattle set fresh highs, lean hogs slide
Chicago live cattle futures settled around contract highs, Tuesday, while lean hogs fell.
Klassen: Higher packer bids enhance feeder complex
For the week ending April 26, Western Canadian feeder cattle markets traded $3 to $5 higher compared to seven days earlier.
U.S. livestock: Cattle rise as Mexican imports questioned
Chicago cattle contracts rose on Monday as the U.S. threatened to to block Mexican cattle imports over New World screwworm concerns.
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