For the week ending November 1, Western Canadian feeder cattle markets traded $15-$30/cwt lower compared to seven days earlier. Cash feeder markets were off by $30-$40/cwt early in the week but then marginally recovered on Wednesday as the feeder cattle futures market stabilized. There were a few exceptions. Higher quality yearlings over 800 pounds coming […] Read more
Klassen: Feeder market drops sharply
U.S. not ready to lift Mexican cattle ban over screwworm, Agriculture Secretary Rollins says
The U.S. is not yet ready to reopen its border to Mexican cattle amid an outbreak of the flesh-eating New World screwworm parasite, Agriculture Secretary Brooke Rollins said, but she is pleased with Mexico’s efforts to contain the pest.
U.S. livestock: Cattle rally, hogs slide
Chicago cattle futures regained a ground on Monday to maintain a fairly level trajectory after last week’s fall.
U.S. livestock: Cattle slip back, hogs gain
Chicago cattle futures slipped back on Friday after Thursday’s pause. Hog futures crept upward. Most-active December live cattle futures closed at 229.675 cents a pound, down 1.425 cents. February contracts closed at 227.675 cents per pound, down 1.825 cents. Most-traded January feeder cattle futures settled at 331.900 cents per pound, down 2.325 cents. March feeders […] Read more
U.S. livestock: CME cattle futures take a pause after recent slides
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures took a breather on Thursday after falling hard recently on concerns over President Donald Trump’s push to lower U.S. beef prices, traders said. Ranchers continued to oppose Trump’s plan to boost the country’s imports of Argentine beef to reduce U.S. prices and […] Read more
U.S. livestock: Cattle regain ground, hogs dip
Chicago cattle futures regained ground on Wednesday after falling off a cliff late last week. Most-active December live cattle contracts closed at 230.900 cents a pound, up 4.325 cents. February futures settled at 229.450 cents, up 5.350 cents per pound. Most-traded January feeder cattle futures gained 9.150 cents to close at 334.025 cents per pound. […] Read more
Mexico agriculture secretary says still no date for restarting cattle exports to U.S.
Mexican Agriculture Minister Julio Berdegue said on Wednesday that Mexico and the United States have not yet set a date to resume Mexican cattle exports amid an outbreak of the flesh-eating screwworm parasite.
U.S. livestock: Feeders continue to fall; live cattle level out
Chicago live cattle futures leveled out to finish on either side of unchanged, Tuesday, after days of precipitous declines. Feeders continued to fall. Most-active December live cattle contracts closed at 226.575 cents a pound, down 0.600 cents. February contracts rose by 0.100 cents to settle at 224.100 cents per pound. Most-traded January feeder cattle futures […] Read more
Klassen: Feeder market softens on weaker demand
For the week ending October 25, Western Canadian yearling markets traded steady to $10/cwt below prices from the previous week. Calves in the range of 550 pounds to 850 pounds were down $8 to $12 on average while feeders under 550 pounds were relatively unchanged compared to seven days earlier. U.S. government comments regarding the […] Read more
U.S. livestock: Cattle futures sink on concerns over Trump’s push to lower prices
Chicago | Reuters – U.S. cattle futures tumbled on Monday, extending a steep slide after President Donald Trump complained last week that prices were too high. Traders said they were increasingly expecting that Trump’s administration will encourage more imports of beef and cattle in a bid to offset tight U.S. supplies and bring down prices […] Read more
Cyber-Savvy Farmer
