Chicago Mercantile Exchange lean hog and cattle futures fell on Wednesday on signs of profit-taking, as wholesale prices continued to say firm and strength in the financial markets gave grain futures a boost, analysts said.
Feeders
U.S. livestock: Lean hog, cattle futures lower on profit-taking
U.S. livestock: Lean hogs and cattle continue rally
Chicago Mercantile Exchange lean hog and cattle futures rose on Tuesday as wholesale cutout values remained strong amid a largely positive economic picture, analysts said.
Klassen: Feeder markets experience stronger demand
For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for non-weaned bawlers were relatively unchanged.
U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and
U.S. livestock: Cattle futures rise on technical buying, economic news
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose and feeder cattle touched a two-month high on Friday on technical trading, with stronger-than-expected September jobs data indicating good consumer demand, analysts said. Hog futures touched their highest level in four months before retreating. Benchmark CME December live cattle futures LCZ24 settled up 0.600 cent at
U.S. livestock: Cattle, lean hogs futures rally on technical buying
Chicago Mercantile Exchange livestock futures firmed on Wednesday, as technical buying sent lean hog contracts higher and cash market prices staying firm giving cattle futures a boost, market analysts said.
U.S. livestock: Lean hogs, live cattle futures higher; feeders ease
Chicago Mercantile Exchange lean hog and live cattle futures closed higher on Tuesday, as market participants appear to be betting that the dockworker strike being short-lived, market analysts and traders said.
Klassen: Western Canadian calf markets percolate higher
Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring. These are the main factors influencing the calf markets in Western Canada.
U.S. livestock: Cattle close higher, lean hogs fall ahead of USDA report
Feeder and live cattle futures turned higher on Thursday, as technical trading, a steady cash market and weakness in grain futures gave cattle contracts a boost.
Feed Grain Weekly: Weight issues, low cattle numbers holding prices back
Feed grain prices on the Prairies stayed relatively steady for the week ended Sept. 25 as low cattle numbers in feedlots and light test weights for grains limit price gains.
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