Insights and Stories on Prices

U.S. livestock: Hogs drop on weaker pork, falling prices in China

Jun. 21, 2021 at 6:10 pm CDT

Chicago | Reuters — U.S. lean hog futures fell sharply on Monday, continuing a retreat from multi-year highs set earlier this month as cash pork prices dropped and worries increased about Chinese import demand for U.S. pork. Technical selling and profit-taking have sped the multi-session decline after the actively traded […]

U.S. livestock: Live cattle up on bargain-buying

Jun. 18, 2021 at 7:46 pm CDT

By Julie Ingwersen

Feed weekly outlook: Rains, demand keep bids down

Jun. 17, 2021 at 7:06 pm CDT

By Adam Peleshaty

ICE weekly outlook: Weather, soy complex weaken canola

Jun. 16, 2021 at 6:53 pm CDT

By Adam Peleshaty

U.S. grains: Soybeans down with vegetable oil prices

Jun. 16, 2021 at 4:44 pm CDT

By Julie Ingwersen

Klassen: Feeder market heating up

Jun. 14, 2021 at 9:38 pm CDT

Compared to last week, western Canadian yearling steers traded $3-$4 higher while yearling heifers were steady to $2 higher. Mid-weight calves or young yearlings from 600 to 800 lbs. were $3-$5 higher on average. Calves under 600 lbs. were relatively unchanged. Favourable rains across the Prairies have enhanced crop prospects […]

By Jerry Klassen

U.S. livestock: Cattle futures climb as corn prices cool

Jun. 14, 2021 at 7:16 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose on Monday, reaching a one-month top as falling prices for feed grains lifted feeder cattle futures, traders said. CME August live cattle futures settled up 1.25 cents at 121.275 cents/lb. after reaching 121.575 cents, the contract’s highest since […]

By Julie Ingwersen

U.S. livestock: Cattle gain on strong packer margins

Jun. 11, 2021 at 6:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures firmed on Friday on strong beef plant margins and good demand from packers for fed cattle, traders said. Cash beef prices have flattened after a prolonged run higher, but packers continue to make a large profit on each animal slaughtered. […]

By Karl Plume

U.S. livestock: Lean hogs end mostly higher

Jun. 10, 2021 at 6:37 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mostly higher on Thursday on elevated pork prices and strong demand, although profit-taking clipped some of the gains, traders said. Lightly traded June hog futures climbed to the highest for a spot month contract in nearly seven years. […]

By Karl Plume

Feed weekly outlook: Rising costs cut into cattle profits

Jun. 10, 2021 at 3:20 pm CDT

MarketsFarm — Strong demand for beef has kept fed cattle prices in Western Canada well supported, but high feed grain prices continue to cut into profits in the feeder sector, according to CanFax analyst Brian Perillat. Fed cattle prices have rallied for most of 2021, he said, “so feedlots, after […]

By Phil Franz-Warkentin