Insights and Stories on Prices

U.S. livestock: Front-month hogs hit seven-year high in thin trade

Jun. 9, 2021 at 5:14 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended mixed on Wednesday, with the thinly traded June contract rising to a seven-year high as strong domestic demand continues to underpin prices even as export prospects wane, traders said. The most-active hog futures contract eased on profit-taking but […]

U.S. livestock: July hogs retreat after matching contract high

Jun. 8, 2021 at 7:23 pm CDT

By Tom Polansek

Klassen: Feeder market in consolidation mode

Jun. 7, 2021 at 9:39 pm CDT

By Jerry Klassen

U.S. livestock: Hog futures rise on strength in cash market

Jun. 7, 2021 at 5:55 pm CDT

By Mark Weinraub

U.S. livestock: CME feeder cattle slide on higher feed costs

Jun. 4, 2021 at 4:29 pm CDT

By Christopher Walljasper

Klassen: Feeder market remains firm

Jun. 1, 2021 at 3:15 pm CDT

Compared to last week, western Canadian feeder cattle prices were steady to $2 higher on average. Strength was noted in the mid-weight categories as lighter calves and yearlings (900 pounds-plus) were relatively unchanged. Major feedlots were dominant buyers, with little demand surfacing for grassers. Feeding margins are in positive territory […]

By Jerry Klassen

ICE weekly outlook: Swings ahead for canola

May. 26, 2021 at 7:59 pm CDT

MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. Canola bids, especially new-crop, have been on the downswing lately, largely due to precipitation the Prairies recently received. While the […]

By Glen Hallick - MarketsFarm

U.S. livestock: Lean hogs ease on profit-taking

May. 26, 2021 at 6:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Wednesday, as investors took profits after some nearby contracts scaled the highest levels in years during the session on strong cash hog and pork prices. Cash hog prices remained firm while pork values hovered near the […]

By Karl Plume

U.S. livestock: Lean hogs up as pork prices rise, corn tumbles

May. 25, 2021 at 5:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded from the prior day’s losses on Tuesday on stronger cash pork prices and a weaker dollar, and as corn feed values fell sharply. Feeder cattle contracts also posted strong gains as benchmark corn futures on the Chicago Board of […]

By Karl Plume

Klassen: Feeder market heating up

May. 24, 2021 at 8:50 pm CDT

Compared to last week, quality yearling packages were $2-$5 higher while calf values were unchanged to $2 higher. A surge in buying interest surfaced for yearlings last week as fed cattle prices continue to trade near 52-week highs. Alberta packers were buying fed cattle in the range of $162-$165 delivered […]

By Jerry Klassen