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U.S. livestock: CME cattle futures higher on year-end positioning

Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures climbed on Tuesday on position squaring between the Christmas and New Year holidays, analysts said. CME February live cattle LCG26 settled 1.500 cents higher at 230.475 cents per pound, and March feeder cattle FCH26 settled 2.900 cents higher at 344.575 cents per pound. CME […] Read more

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U.S. grains: Soybean futures fall, shrugging off China purchases

Chicago | Reuters – Chicago Board of Trade grain futures ticked lower on Tuesday amid a sluggish trading session, as investors weighed the latest developments surrounding the Russia-Ukraine peace talks. CBOT soybean futures fell after a day of choppy trade on signs of China returning to the U.S. market, and trying to finish up last-minute […] Read more



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Klassen: Feedlot margins will determine feeder prices

There were no Western Canadian feeder cattle sales for week ending December 27. The shortened holiday week is always a time for cattle producers to call in and discuss factors that will influence the feeder market over the next couple months. In the short-term, finishing feedlot margins are the main factor driving the feeder market. […] Read more


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U.S. livestock: Lean hogs tick down on supply numbers, year-end positioning

Chicago | Reuters – Chicago Mercantile Exchange live cattle and lean hog futures fell while feeder cattle futures rose on year-end positioning, according to analysts, with the trade thin between Christmas and New Year holidays. Many funds still have net long positions, said Doug Houghton, analyst at Brock Associates, “If they’re taking profits, that’s going […] Read more