beef prices Archives - Page 10 of 20

Klassen: Feeder market maintains upward trend

By GFM Network News, Jerry Klassen November 14, 2017

Western Canadian feeder cattle prices were quite variable this past week. Strength was noted in the eastern Prairie regions where markets traded $5 to as much as $10 above week-ago levels; however, Alberta steer prices were relatively unchanged but heifers traded $5 to $8 higher. Available feeder supplies will tighten as we approach the end

Livestock, Markets

U.S. livestock: Cattle surge to contract highs on higher cash prices

By GFM Network News, Michael Hirtzer October 30, 2017

Chicago | Reuters –– U.S. live cattle and feeder cattle futures contracts surged to lifetime peaks on Monday, boosted by unexpectedly high-priced sales in cash cattle markets that occurred after the futures close on Friday, traders said. Cattle futures on the Chicago Mercantile Exchange surpassed Friday’s highs when trade resumed on Monday and some contracts

Livestock Markets, Markets

Strength in beef demand, futures supports prices

More U.S. cattle coming to market could add pressure

By Dave Sims October 27, 2017

Cattle prices at Manitoba auction marts remained surprisingly strong for the week ended Oct. 20 as higher U.S. futures prices and steady demand elevated prices across the board. Bids for feeder steers (300-400 lbs.) were up roughly $5 per hundredweight, with top-quality feeders attracting strong bids. The heavier-weight animals also attracted solid interest. Steers (700-800

Livestock, Markets

Klassen: Friendly beef price outlook supports feeder market

By GFM Network News, Jerry Klassen October 10, 2017

Compared to last week, yearling prices were $2 to as much as $5 higher, while calf markets traded $3-$7 above week-ago levels. The yearling run is coming to a close and feedlots scrambled to secure yearling ownership. Across Alberta, feature lots of high-quality 900-lb. steers were trading around $190 and this set the tone for

Livestock, Markets

Klassen: Strong Canadian dollar weighs on feeder market

By GFM Network News, Jerry Klassen September 12, 2017

Compared to last week, western Canadian yearling prices were down $3-$6 on average while calf values dropped $5 to as much as $10 in some cases. Most auction barns held feature yearling sales last week; there were small groups of calves available but the market was quite variable and hard to define in the lighter

Livestock, Markets

U.S. livestock: CME live cattle gain on firmer beef prices

By GFM Network News, Theopolis Waters September 6, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled moderately higher on Wednesday, with help from short-covering and improved wholesale beef values, said traders. December received added support from fund buying after the contract topped the 10-day moving average of 109.648 cents (all figures US$). October live cattle finished up 0.275 cent/lb. at

Livestock, Markets

U.S. livestock: Cattle slump to two-month low

By GFM Network News, Michael Hirtzer July 5, 2017

Chicago | Reuters — U.S. live cattle futures extended losses to a more than two-month low on Wednesday as investors liquidated long positions amid declining wholesale beef prices and expectations for weaker cash cattle markets, traders and analysts said. Higher corn futures also boosted feed costs for fattening cattle, weighing on feeder cattle futures, while

Livestock, Markets

U.S. livestock: CME live cattle sag with cash, beef prices

By GFM Network News, Theopolis Waters June 23, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a second straight day on Thursday, pressured by fallen cash and wholesale beef values, said traders. June, which will expire on June 30, closed 0.875 cent/lb. lower at 118.625 cents (all figures US$). Most actively-traded August finished 1.075 cents lower at 114.275 cents.

Livestock, Markets

U.S. livestock: Cattle, hogs mostly higher on short-covering

By GFM Network News, Michael Hirtzer June 16, 2017

Chicago | Reuters — U.S. livestock futures were mostly higher on Friday, with cattle prices stabilizing after Thursday’s multiweek lows and hogs consolidating in the middle of their recent trading ranges. Most-active Chicago Mercantile Exchange August live cattle settled 0.675 cents higher at 118.175 cents/lb. (all figures US$). June live cattle futures finished 0.8 cent

Livestock, Markets

U.S. livestock: Cattle, hog futures ease on fund selling

By GFM Network News, Michael Hirtzer June 12, 2017

Chicago | Reuters –– U.S. cattle and hog futures fell one per cent or more on Monday, pressured by chart-based and investment fund selling, traders and analysts said. Lower-than-expected prices in cash cattle markets late last week further weighed on futures, even as rising U.S. wholesale beef prices suggested meat demand remained strong. Chicago Mercantile

Daily Network News

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Tag Archives beef prices

Klassen: Feeder market maintains upward trend

U.S. livestock: Cattle surge to contract highs on higher cash prices

Strength in beef demand, futures supports prices

Klassen: Friendly beef price outlook supports feeder market

Klassen: Strong Canadian dollar weighs on feeder market

U.S. livestock: CME live cattle gain on firmer beef prices

U.S. livestock: Cattle slump to two-month low

U.S. livestock: CME live cattle sag with cash, beef prices

U.S. livestock: Cattle, hogs mostly higher on short-covering

U.S. livestock: Cattle, hog futures ease on fund selling

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