Chicago Mercantile Exchange feeder cattle futures dropped on Wednesday, while live cattle rose in a turnaround from losses during the previous session, according to analysts.
Feeders
U.S. livestock: Feeder cattle ease on strong corn prices
U.S. livestock: Cattle futures fall on technical trading, retail price caution
Chicago Mercantile Exchange live cattle futures dropped on Tuesday in a technical correction from a five-week rally and on concerns that high prices may cool beef demand, according to analysts.
Klassen: Calf market ratchets higher
For the week ending October 12, the Western Canadian prices for yearlings off grass and backgrounding operations were relatively unchanged from seven days earlier. The Lethbridge market for calves was up $8-$10 from week-ago levels while calf markets in the non-major feeding regions were up a solid $4-$6 on average.
U.S. livestock: Cattle futures dip on profit-taking
Chicago Mercantile Exchange live and feeder cattle futures fell on Friday as traders pocketed profits following a nearly month-long rally, analysts said.
U.S. livestock: CME cattle futures higher on demand bounce, hogs also up
Chicago Mercantile Exchange live cattle futures bounced back on Thursday as a strong cash market and a bump in beef demand lent support to prices, traders said.
U.S. livestock: Lean hog, cattle futures lower on profit-taking
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.
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