Chicago Mercantile Exchange (CME) live and feeder cattle contracts slid on Thursday as weakness in equities, a strong dollar and technical trading pressured futures, analysts said.
Feeders
U.S. livestock: Cattle futures tick down on weak equity markets
Feed Grains Weekly: Trump looms over Prairie feed market
Weaker Canadian dollar less of an influence
Currently, United States President-elect Donald Trump is more of an influence on Western Canadian feed grain prices than a weaker Canadian dollar said Brandon Motz of CorNine Commodities in Lacombe, Alta.
U.S. livestock: Cattle futures tip down on profit-taking
Chicago Mercantile Exchange (CME) cattle contracts slid on Wednesday as profit-taking, a stronger dollar and a selloff across agricultural commodities weighed on futures, analysts said.
Saskatchewan cow tests positive for bovine tuberculosis
A cow raised in Saskatchewan has tested positive for bovine tuberculosis the Canadian Food Inspection Agency (CFIA) announced late Tuesday.
U.S. livestock: CME feeder cattle up on expectations of tight supply
Chicago Mercantile Exchange (CME) feeder cattle futures rose on Tuesday as market players anticipated a constricted supply of cattle and awaited a monthly cattle supply report later in the week, traders said.
Klassen: Feeder market consolidates at higher levels
The market continues to digest the U.S. border closure to Mexican feeder cattle, which is drawing more U.S. demand towards Western Canada. Auction market volumes are declining at this time of year. The quality of cattle was sub-par in some regions which caused prices to be quite variable.
U.S. livestock: Cattle down as trade anticipates Mexican cattle imports
Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Monday as market players digested news that Mexican cattle imports to the U.S. will likely resume in the New Year, traders said.
U.S. livestock: CME feeders fall on news US may resume Mexico cattle imports
Chicago Mercantile Exchange (CME) feeder cattle futures fell on Friday, on news the U.S. could resume feeder cattle imports from Mexico after Washington suspended cattle imports from Mexico over a case of New World screwworm.
USDA approves funds to fight screwworm, may resume Mexico cattle imports this year
The Biden administration approved a second round of emergency funding to block New World screwworm from entering the U.S. on Friday, a U.S. Department of Agriculture undersecretary told Reuters, after Washington suspended cattle imports from Mexico over the pest.
U.S. cattle: CME cattle futures close lower on technical selling
Chicago Mercantile Exchange cattle futures fell in a technical reversal on Thursday after three days of gains, while lean hogs rebounded from three days of long-liquidation losses, analysts said.
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