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Tag Archives cattle futures


(Photo courtesy Canada Beef Inc.)
Beef cattle, Livestock, Markets

Klassen: Feeder market lacks buying interest

By GFM Network News, Jerry Klassen January 29, 2020
Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average. Values in Alberta were relatively unchanged but markets in the eastern Prairie regions appeared to trade $4 to as much as $6 below week-ago levels. Alberta yearlings were relatively unchanged, but noticeable slippage was noted in the non-major feeding regions. Feedlots

A transmission electron microscopy image of the first isolated case of the new 2019 coronavirus, as obtained by Reuters on Jan. 27, 2020. (Handout image courtesy IVDC, China CDC via Reuters)
Beef cattle, Livestock, Markets

Virus concerns add more uncertainty to cattle market

By GFM Network News, Phil Franz-Warkentin January 27, 2020
MarketsFarm — Cattle futures in Chicago dropped hard over the past few days, as mounting concerns over the new coronavirus in China triggered a broad-based selloff in global equities and commodities. While the virus adds an extra layer of uncertainty to the North American cattle market, expectations for solid beef demand should remain supportive for


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market starts 2020 on steady tone

By GFM Network News, Jerry Klassen January 14, 2020
Compared to last week, short-keep replacement cattle and feeders in the mid-weight categories were steady to $3 lower on average; feeder cattle under 600 lbs. traded $2 lower to as much as $5 higher. Featherlight calves remain strong trading at similar levels to late December. Most auction markets resumed their regular sales schedules last week.

Photo: Canada Beef Inc.
Livestock, Markets

Klassen: Improving margins support lightweight feeder cattle

By GFM Network News, Jerry Klassen December 24, 2019
Compared to last week, Western Canadian feeder cattle markets traded $2 to $4 on either side of unchanged; however, calves under 650 pounds were steady to as much as $5 higher. Bids from Alberta packers were sharply higher with fed cattle trading in the range of $160 to $162 on Friday, up $5 to $6


Photo: iStock
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hog futures slip ahead of USDA report

By GFM Network News, P.J. Huffstutter December 23, 2019
Chicago | Reuters – U.S. hog futures eased back on Monday, ahead of a quarterly government report that is expected to show a healthy boost to the size of the U.S. hog herd, traders said. The U.S. Department of Agriculture’s quarterly Hogs and Pigs report is expected to show the herd increased 2.9 percent in

(WPohlDesign/iStock/Getty Images)
Livestock, Markets

Klassen: Feeder cattle market volatility continues

By GFM Network News, Jerry Klassen December 17, 2019
Compared to last week, western Canadian feeder cattle markets traded steady to $5 higher on average. For the second week in a row, the markets were quite variable across the Prairies but shorter-keep yearlings appeared to lead the charge higher. In Alberta, quality 900-lb. steers were once again touching the $190 level and 800-lb.-plus steers


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle market under weight of imports

By GFM Network News, Jerry Klassen December 10, 2019
Compared to last week, western Canadian feeder cattle markets traded $5 lower to $2 higher. It’s that time of year when most feedlots are carrying sufficient numbers and buyers are hesitant to increase ownership unless they can see profitability. Auction market volumes contained weaned and unweaned calves over the past week; premiums returned for feeders

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle market drops on soft demand

By GFM Network News, Jerry Klassen November 26, 2019
Compared to last week, western Canadian yearling markets were down $4-$6 while calf prices dropped $5 to as much as much as $10 in some cases. Comments from order buyers reflect very sluggish demand for this time of year. Ontario farmers have harvested about 50 per cent of the corn crop and buying interest from


(WPohlDesign/iStock/Getty Images)
Livestock, Markets

Klassen: Challenging weather influencing feeder market

By GFM Network News, Jerry Klassen November 19, 2019
Compared to last week, western Canadian yearling prices were relatively unchanged; calves appeared to trade $3 lower to as much as $5 higher. Weather conditions have played a larger role in the price structure this fall. Major finishing feedlots continue to focus on preconditioned calves and have left the unweaned or unvaccinated feeders to the

Photo: Thinkstock
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Lean hogs rally on technical buying, rising pork prices

By GFM Network News, Karl Plume November 12, 2019
Chicago | Reuters – U.S. lean hog futures rose by as much as 3 percent on Tuesday on technical buying and short-covering, and as hopes for expanded pork exports to China more than offset pressure stemming from ample U.S. hog supplies, traders said. Rising pork prices and strong meatpacker margins gave the market further support


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