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Tag Archives cattle futures

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Beef cattle, Livestock, Markets

Klassen: Weaker barley prices enhance yearling prices

By GFM Network News, Jerry Klassen June 26, 2018
Compared to last week, yearlings traded $3 to as much as $8 higher, with strong buying interest noted from Lethbridge-area feedlots. Supplies of quality feeders are rather snug at this time of year and buyers were extremely aggressive on local packages. Prices in the non-major feeding areas appeared to lag southern Alberta markets but orders

(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets

U.S. livestock: CME hogs bounce back on bargain buying

By GFM Network News, Reuters June 26, 2018
Chicago | Reuters — Chicago Mercantile Exchange hog futures finished higher on Tuesday after short-covering and bargain buying reversed recent market losses amid trade fears, analysts said. Hog farmers in the U.S. may face another wave of higher tariffs by China, which placed stiff retaliatory duties on U.S. pork imports in early April. CME hogs


(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Hogs sink on weak cash markets, packer margins

By GFM Network News, Karl Plume June 23, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Friday as falling cash hog prices and poor packer margins weighed on the market, traders said. Worries over slowed pork export demand due to threatened retaliatory tariffs by key trading partners, including Mexico and China, also weighed on the hog market.

(USDA.gov via Flickr)
Beef cattle, Livestock, Markets

U.S. feedlots draw more cattle than expected in May

By GFM Network News, Theopolis Waters June 23, 2018
Chicago | Reuters — Ranchers in May drove more cattle into U.S. feedlots than anticipated compared with the same period a year ago, said analysts after Friday’s U.S. Department of Agriculture monthly Cattle on Feed report. The data also showed the June 1 feedlot cattle supply climbed 4.1 per cent from a year earlier —


(CMEGroup.com)
Livestock, Markets

U.S. livestock: Bargain buying pares some CME hogs’ losses

By GFM Network News, Reuters June 21, 2018
Chicago | Reuters — Chicago Mercantile Exchange hog futures closed moderately higher on Thursday, with support from bargain buying and short-covering that pared some recent market losses amid U.S. trade worries, said analysts. U.S. hog farmers, still reeling from higher retaliatory tariffs on pork imposed by China in early April, are bracing for another round

(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets

U.S. livestock: Hogs fall on trade war fears, cash prices

By GFM Network News, Michael Hirtzer June 19, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell over two per cent on Tuesday, giving back gains notched in the previous session on broad selling across commodities amid fears of trade wars with importers of U.S. products including China and Mexico. A decline in U.S. cash hog prices late on Monday also


(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Hogs jump on packer demand, cash prices

By GFM Network News, Michael Hirtzer June 18, 2018
Chicago | Reuters — U.S. lean hog futures climbed as much as 2.3 per cent on Monday in a bull-spreading rally amid rising cash hog prices and strong demand from pork packers, traders and analysts said. Cattle futures also were mostly higher at the Chicago Mercantile Exchange, boosted by chart-based buying and positioning ahead of

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle pivot higher on bargain buying

By GFM Network News, Reuters June 15, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle turned up sharply on Friday, with support from short-covering and bargain buying after Thursday’s losses that were partly led by U.S. trade uncertainty, said analysts and traders. On Friday China said it planned to impose similar size tariffs soon after Washington announced duties on $50 billion


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Trade fears drag down CME live cattle, hogs

By GFM Network News, Reuters June 14, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures closed lower on Thursday, partly weakened by uncertainty over U.S. trade with China, traders said. China on Thursday urged the U.S. to make a “wise choice” on trade, saying it was ready to respond in case Washington chose confrontation, as U.S. President Donald

(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: CME hogs move up with cash prices

By GFM Network News, Reuters June 13, 2018
Chicago | Reuters — Chicago Mercantile Exchange hogs rose for a second straight day on Wednesday as slaughter-ready, or cash, hog prices escalate in the midst of a seasonal supply squeeze, traders said. Sultry weather in parts of the U.S. Midwest caused livestock to eat less feed, which slows their weight gain and delivery to


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