Feeder cattle Archives - Page 202 of 262

Cattle values soften as markets seek a new low

Retail beef purchases should slow after Labour Day

By Dave Sims August 31, 2017

The cattle market seems to be carving out a bottom for itself as the summer season winds down. Just over 650 animals made their way through the rings of the few auction marts that were open during the week ended Aug. 25. Prices were a bit softer than last week, for the most part. Butcher

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Livestock, Markets

U.S. livestock: Short-covering, bargain buying boost CME hogs

By GFM Network News, Theopolis Waters August 30, 2017

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday after bargain buyers and investors covering short positions reversed Tuesday’s slide to an 8-1/2 month low, traders said. Prior to Wednesday’s session CME hogs had a relative strength index (RSI) reading of 17. An RSI below 30 suggests a market is

Livestock, Markets

Klassen: Feeder market softens on trade comments

By GFM Network News, Jerry Klassen August 29, 2017

Compared to last week, western Canadian yearling prices steady to $5 lower while calves traded steady to as much as $10 lower. Alberta feedlots were shopping across the Prairies; light demand surfaced from eastern Canadian buyers while subdued buying interest was noted from the U.S. Limited numbers were on offer in the eastern Prairie regions

(Regis Lefebure photo courtesy ARS/USDA)

Livestock, Markets

U.S. livestock: Supplies drag CME hogs to eight-month low

By GFM Network News, Theopolis Waters August 29, 2017

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday were weakened by falling prices for slaughter-ready, or cash, hogs along with softer wholesale pork values as supplies build seasonally, said traders. They said packers also have more livestock at their disposal as packing plants prepare to shut down for the upcoming Labour

Livestock, Markets

U.S. livestock: Live cattle gain before USDA report, but off highs

By GFM Network News, Theopolis Waters August 25, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle posted modest gains on Friday after investors tweaked positions before the U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, traders said. Analysts polled by Reuters expect the report to show 6.2 per cent more cattle entered feedlots in July than a

Livestock, Markets

U.S. livestock: CME live cattle snap back from nine-month low

By GFM Network News, Theopolis Waters August 24, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled higher on Thursday after short-covering and bargain buying rescued futures from a nine-month low earlier in the session, said traders. Technical buying and positioning before the U.S. Department of Agriculture’s monthly Cattle on Feed report on Friday provided more market support. August, which will expire

Livestock, Markets

U.S. livestock: CME live cattle resume trek to nine-month low

By GFM Network News, Theopolis Waters August 23, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday hit a nine-month low for the fourth time in the past five sessions, led by seasonally soft wholesale beef demand and lower initial cash prices, said traders. Fund liquidation contributed to declines after deferred contracts slipped below key technical support levels, they said.

Livestock, Markets

U.S. livestock: CME live cattle break four-session losing skid

By GFM Network News, Theopolis Waters August 22, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday settled higher for the first time in five sessions, spurred by short-covering and bargain buying, said traders. Some contracts punched through key technical resistance barriers, which triggered fund buying and pre-established buy orders. August ended 0.725 cent/lb. higher at 106.725 cents (all figures

Livestock, Markets

Klassen: Yearlings define feeder market

By GFM Network News, Jerry Klassen August 21, 2017

Western Canadian feeder cattle markets became more established this past week as early yearling sales captivated major feedlot operators. Prices were relatively unchanged from week-ago levels; however, larger volumes confirmed the price structure. Higher-quality lower-flesh cattle were featured weighing 850 to 1,050 lbs. at most sales. Feedlots have plenty of pen space and with the

Livestock, Markets

U.S. livestock: Live cattle at nine-month low for third straight session

By GFM Network News, Theopolis Waters August 21, 2017

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased to their lowest level in nine months on Monday as the seasonal supply build-up pressured wholesale beef prices for a third consecutive session, traders said. They said bullish traders worried that plentiful cattle numbers might again result in lower prices for slaughter-ready, or cash,

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Tag Archives Feeder cattle

Cattle values soften as markets seek a new low

U.S. livestock: Short-covering, bargain buying boost CME hogs

Klassen: Feeder market softens on trade comments

U.S. livestock: Supplies drag CME hogs to eight-month low

U.S. livestock: Live cattle gain before USDA report, but off highs

U.S. livestock: CME live cattle snap back from nine-month low

U.S. livestock: CME live cattle resume trek to nine-month low

U.S. livestock: CME live cattle break four-session losing skid

Klassen: Yearlings define feeder market

U.S. livestock: Live cattle at nine-month low for third straight session

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