Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce, while feeder cattle futures firmed as corn prices declined, signaling cheaper feed costs.
U.S. livestock: Live cattle futures end lower in consolidation
A new kind of direct marketing: the meat vending machine
New meat vending machine business lets consumers buy their meat in portion sizes they want, when they want it, direct from farmers
Reading Time: 2 minutes New meat vending machine, dubbed the "E Butchery on Main" from Manitoba's Nerbas Bros. Angus lets consumers buy their meat in portion sizes they want, when they want it, direct from farmers.
Klassen: Feeder cattle markets in price discovery mode
For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.
U.S. livestock: Cattle futures rally in turnaround from slide last week
Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on short covering on Monday, analysts said, as the markets recovered from a slide last week.
National beef strategy measures gains
Recent update sums up final years of Canada’s 2020-2024 roadmap
Reading Time: 3 minutes Canadian Beef Advisors pleased with accomplishments from the beef industry, as measured by the goals in the 2020-2024 national beef strategy.
U.S. livestock: Live hog prices tick up, seasonal dip less sharp than expected
Chicago Mercantile Exchange (CME) lean hog prices ended up slightly on Friday as analysts said a seasonal drop in pork prices toward the end of summer looked less drastic than expected.
U.S. livestock: Live cattle futures fall on weaker boxed beef prices
Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Thursday on a decline in boxed beef prices, which have slumped leading up to the U.S. Labor Day holiday, analysts said.
U.S. livestock: Live cattle futures fall on consumer demand questions
Chicago Mercantile Exchange (CME) live cattle futures fell on Wednesday as boxed beef cutout values turned lower ahead of the U.S. Labor Day holiday on September 2, when many Americans light up their grills, traders said.
Klassen: Larger supplies weigh on feeder market
For the week ending August 24, Western Canadian yearling prices were down $6-$12/cwt from seven days earlier. Calf markets traded $10-$12/cwt below week-ago levels. Larger numbers are coming on stream resulting in the softer tone.
U.S. livestock: Cattle futures firm on corn weakness, expected holiday demand
Chicago Mercantile Exchange (CME) cattle futures turned higher on technical trading on Monday, as live cattle contracts rose on expected consumer demand and hopes of some cash market prices firming, traders said.
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