Cattle futures on the Chicago Mercantile Exchange were lower on Monday, retreating from early gains as the livestock markets found themselves caught up in the broad weakness triggered by threats from United States President Donald Trump to remove Federal Reserve chair Jerome Powell.
U.S. livestock: Cattle lower amid broad selling pressure
Klassen: Feeder market returns to historical highs
For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward.
U.S. livestock: Prices push upward; boxed beef slips back
Boxed beef slips back
Live and fed cattle futures and those for lean hogs on the Chicago Mercantile Exchange were higher on Friday.
U.S. livestock: Losses for cattle, upswing in hog prices
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower […] Read more
U.S. livestock: Closing higher after Trump announces tariff pause
But boosts duties on China to 125 per cent
Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken […] Read more
Feed Grain Weekly: Tariff fears on cattle leads to weak demand
Expect slow spring, summer
As tariff issues continue to hover around the globe, there has been a sharp reduction in the number of cattle in Canadian feedlots, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. And that has reduced the demand for feed grains in Western Canada to a trickle.
U.S. livestock: Prices mixed amid upticks in futures and equities
Boxed beef prices either side of steady as well.
Live and fed cattle futures on the Chicago Mercantile Exchange were largely mixed on Tuesday, not quite able to fully join the upswing in the futures and equities markets. United States President Donald Trump is determined to add another 50 points to its tariffs on the country’s imports from China. Together with previous and current […] Read more
Klassen: Feeder market experiences volatility during U.S. tariff week
During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
U.S. livestock: Tariff machinations weigh on values
Live and fed cattle futures on the Chicago Mercantile Exchange were weaker on Monday, continuing the downtrend that started with United States reciprocal tariffs and China’s retaliatory measures.
U.S. livestock: Tariffs pull down beef, pork
Export sales, monthly census reports issued
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, following the trend in most North American futures and stock markets. The downturn came after United States President Donald Trump announced his wide-ranging reciprocal tariffs on Wednesday. Meanwhile, the U.S. Department of Agriculture issued its export sales report for the week […] Read more
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