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Daily Network News

  • FILE PHOTO: Farm manager Gao Qinshan feeds pigs in a pig pen at a farm in Taizhou, Jiangsu province, China January 15, 2026. Photo: REUTERS/Go Nakamura/File Photo

    Chinese pig farmers test fermented feeds as Beijing weans sector off U.S. soy

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  • Klassen: Negative margins weigh on Western feeder cattle market

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Tag Archives cattle futures

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle stumble on profit-taking

By GFM Network News, Reuters April 6, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle turned lower on Friday after profit-taking and fund liquidation gave back some of the market’s gains over the past two days, said traders. U.S. stocks’ plunge over trade war fears unnerved CME livestock investors still digesting Monday’s Chinese tariff hike on U.S. pork, with similar plans

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Fund buying sends CME live cattle higher

By GFM Network News, Reuters April 5, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle rose sharply for a second straight day on Thursday, driven by short covering and fund buying, said traders. Investors, for now, are focused more on what packers will pay for cattle in the near term than a potential trade war with China, a trader said. On


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle shrug off China beef tariff news

By GFM Network News, Reuters April 4, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Wednesday, after bargain buying reversed earlier losses following China’s proposed tariff increase on U.S. beef, said traders. China listed beef and other U.S. goods that may incur a 25 per cent duty by the end of May if Washington makes good on threats

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

U.S. livestock: More CME hog losses on China pork tariff hike

By GFM Network News, Reuters April 4, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday tumbled for a second straight day, dragged down by slumping cash hog prices and China’s additional 25 per cent tariff on U.S. pork imposed on Monday, said traders. The Chinese raised duties on pork, and more than 100 other U.S. products, after the U.S.


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Rising feed grain prices weigh on feeder market

By GFM Network News, Jerry Klassen April 3, 2018
Western Canadian yearling prices were relatively unchanged from week-ago levels; however, feeder cattle fit for grass and calves dropped $4 to as much as $10 from seven days earlier. Rising feed grain costs appear to be affecting lighter weight categories more than the yearling market. Feedlots will be struggling with negative margins through the summer

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

U.S. livestock: CME hogs limit down on China pork tariff hike

By GFM Network News, Reuters April 2, 2018
Chicago | Reuters — Some deferred-month Chicago Mercantile Exchange lean hog futures settled down their three-cent-per-pound daily price limit on Monday after China raised tariffs on U.S. pork by another 25 per cent, said traders. Late on Sunday China announced higher duties on U.S. pork and over 100 other products that went into effect on


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Cattle tumble as USDA report rallies corn

By GFM Network News, Karl Plume March 29, 2018
Chicago | Reuters — U.S. live cattle futures fell sharply on Thursday as a rally in the corn market sent feeder cattle tumbling and as weak cash cattle prices and rising supplies weighed on sentiment, traders said. The actively traded Chicago Mercantile Exchange June contract dropped by the three-cent-per-pound daily limit to settle at 102.575

Livestock, Markets

U.S. livestock: Cattle, hogs mostly higher on bargain-buying

By GFM Network News, Michael Hirtzer March 28, 2018
Chicago | Reuters — U.S. livestock futures were mostly higher on Wednesday, with both cattle and hogs recovering from recent lows on bargain buying and positioning ahead of government supply data, traders and analysts said. Most lean hog contracts jumped three per cent or more on the Chicago Mercantile Exchange after earlier notching lifetime lows.


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

U.S. livestock: CME hogs end mixed on positioning before USDA report

By GFM Network News, Reuters March 27, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mixed on Tuesday after investors adjusted positions before the U.S. Department of Agriculture’s (USDA) quarterly hog report on Thursday, said traders. Analysts polled by Reuters, on average, estimated the U.S. hog inventory as of March 1 at 72.902 million head or 3.1 per cent

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feedlots struggle through adverse weather

By GFM Network News, Jerry Klassen March 26, 2018
Western Canadian yearling prices experienced a week-over-week decline of $5-$8 with some pockets deteriorating $10 to as much as $12. Adverse weather in southern Alberta has resulted in limited buying interest from main feedlot operators. Feedlot Alley has received 150-200 per cent of normal precipitation over the past 60 days. Snow and rain, along with


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