CME January 2019 feeder cattle with 20-day moving average. (Barchart)

U.S. livestock: Feeder cattle rally from five-month low in technical bounce

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures rallied from five-month lows on Tuesday in a short-covering and technical-buying bounce, traders said. Live cattle futures followed feeders higher, although gains were clipped by limited packer demand for U.S. Plains feedlot cattle ahead of next week’s shortened Thanksgiving holiday week slaughter. Actively traded January

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Klassen: Weather weighs on feeder cattle

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Eastern Prairie regions experienced demand from Ontario and Quebec, which limited the downside; however, Alberta markets faltered as buyers, having factored in a higher deathloss due to adverse weather. Light wet snow along with warmer temperatures during the



Cows herded in to holding pen

Manitoba cattle market defies trend

The province’s geographic proximity to significant 
domestic markets is coming into play

Ontario and Quebec interest continues to buoy prices at Manitoba cattle auctions. “Pound for pound, on the good end of the calves, we’re probably still $5 to $7 per hundredweight better than they (Alberta) are,” said Rick Wright of Heartland Order Buying Co. On Oct. 31, good 600-lb. steers at Virden, Man., were attracting prices