Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.
U.S. livestock: Follow-through buying carries CME cattle to eight-week highs
Cattle lighter after severe winter weather traders say
U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter
Lean hogs ended slightly up after early plunge
Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.
Klassen: Yearling return to the lineup on strong demand
Frigid temperatures result in limited volumes
The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.
U.S. livestock: live cattle, lean hogs fall amid weather, demand woes
Feeder cattle firmed amid dropping corn futures
Chicago Mercantile Exchange lean hog and live cattle futures were mostly down on Friday as concerns about winter weather and sluggish export demand had some investors shedding their positions.
U.S. livestock: Cattle futures rise as icy weather threatens US herds
Lean hog futures also finished higher
Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.
U.S. livestock: Live cattle dip in nearby contract; US beef plants reopen
Deferred live cattle futures and feeder cattle futures finished stronger
Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.
Beef research centre wins ag tech award
Alberta’s Livestock Gentec was formed in 2010 to use genomics to help producers improve profitability and sustainability
Reading Time: 3 minutes Glacier FarmMedia – An applied research centre using genomics to help beef producers sharpen their competitive edge has been honoured with a Best in Agriculture Sector Award at the ASTech Awards, which are given for technology and science innovation in Alberta. “We’re very proud that our team received that award,” said John Basarab, head of […] Read more
Klassen: Cattle producers anxious about 2024
No sales the first week of 2024 as markets assess inventory, plan strategy
The holiday break for the cattle market is analogous to an the intermission between periods of hockey game. Feedlot operators assess inventory and to focus on the market structure. They’re planning their purchase strategy for the next couple months.
U.S. livestock: CME live cattle retreat from one-month high, traders eye US weather
Lean hogs rose on hopes that U.S. cash prices had reached bottom
Live cattle futures on Monday rose to their highest level in more than a month before retreating as traders waited to see the impact of wintry weather on livestock in the central U.S.
Emergency definition on hotseat in transport report
Emergency management and hours of service among concerns for House ag committee
Reading Time: 2 minutes Truck drivers can legally exceed their regulated hours if it’s an emergency, but when does animal welfare meet that description? That was among the topics tackled as the House of Commons standing committee on agriculture released its report on challenges facing the livestock transport sector. The report, “Striking a Balance: Electronic Logging Device Requirements Impacting […] Read more