Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Tuesday as the cash cattle market remained strong, while lean hogs turned lower as traders anticipated slowing ham sales.
U.S. livestock: CME lean hogs turn down on seasonal dip
Klassen: Western Canadian yearling prices hit fresh record highs
The year-over-year decline in last year’s calf crop has caused the market to set new records. Larger finishing feedlots are setting the price structure as many of these lots have seasonal low inventory. The quality of yearlings coming off grass is excellent with buyers shopping for feed efficiencies.
U.S. livestock: Lean hog, cattle futures turn lower on demand questions
Chicago Mercantile Exchange (CME) livestock futures turned lower on Monday, as cattle futures fell on signs of profit taking, a steady cattle cash market and uncertainty about consumer demand for beef this fall, market analysts said.
U.S. livestock: Feeder cattle gain strength as corn prices plunge
Chicago Mercantile Exchange (CME) cattle futures ticked up Friday on steep losses in the U.S. grains market, while lean hogs mostly firmed on short-covering, analysts said.
U.S. livestock: Lean hog futures firm on technical trade; cattle futures mixed
Chicago Mercantile Exchange (CME) lean hog futures ticked up on technical trading on Wednesday, while cattle futures were mixed to lower, analysts said.
U.S. livestock: Technical trading sends CME livestock futures higher
Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, with cattle futures continuing to firm amid signals that cash market prices may ease, market analysts said.
Klassen: Feeder market leaps higher
For the week ending July 20, Western Canadian yearlings traded $8-$15 above prices from seven days earlier. Values for larger groups of quality calves were up $8 to $10 from a week earlier while run of the mill smaller packages were relatively unchanged.
U.S. livestock: Livestock futures turn higher on technical trading
Chicago Mercantile Exchange (CME) cattle futures ended higher on Monday on technical trading, and as futures prices continued to hover well below the cash market levels, analysts said.
U.S. livestock: Cattle futures end mixed; traders question slowed slaughter pace
Chicago Mercantile Exchange (CME) nearby live cattle futures ended higher on Friday, amid technical trading ahead of a monthly government cattle supply report, analysts said.
U.S. livestock: Cattle futures sag as Wall Street indexes dip; hogs mixed
Chicago Mercantile Exchange (CME) live cattle futures closed lower on Thursday on technical selling as well as declines in Wall Street equity markets that raised concerns about consumer demand for beef, analysts said.
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