Chicago Mercantile Exchange live cattle and feeder cattle futures edged up on Tuesday on stock market gains and strong economic data, traders said.
U.S. livestock: Cattle futures rise on strong stock market, retail sales
Beef cow, replacement heifer numbers suggest producers aren’t ready to grow herds: FCC
Beef cattle prices have trended above the five-year average, but low numbers of replacement heifers and beef cows suggests producers aren't ready to grow cattle herds.
Klassen: Discounts start to appear in the feeder market
For the week ending September 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. However, yearling quality has become quite variable resulting in a diverse price structure.
U.S. livestock: Live cattle futures slip on waning consumer demand
Chicago Mercantile Exchange live and feeder cattle futures slipped on Monday as boxed beef prices retreated and consumer demand fell, traders said.
Survey dishes out most common cow-calf practices: Where does your farm fit?
From weaning practices to health care and calving success, national Beef Cattle Research Council survey pegs what cow-calf producers are doing on their farms and why
Reading Time: 4 minutes From weaning practices to health care and calving success, national Beef Cattle Research Council survey pegs what cow-calf producers are doing on their farms and why.
U.S. livestock: Profit-taking pushes down CME cattle futures after gains
Traders booked profits ahead of the weekend, after the markets previously found support from gains in equities and improved processor margins that should boost demand for slaughter-ready cattle. Beef processors were earning $54.30 for each head of cattle they slaughtered, after losing money on each animal just a month ago, HedgersEdge.com data shows.
U.S. livestock: Live cattle futures end lower in consolidation
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.
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.