Insights and Stories on Beef Cattle

Aug. 24, 2015 at 7:19 pm CDT

Chicago | Reuters –– U.S. lean hog futures surged about five per cent on Monday, reversing from one-month lows on investor optimism that a weaker dollar would spark increased export demand for pork, traders and analysts said. Live cattle fell to a roughly one-month low while feeder cattle futures declined […]

By Michael Hirtzer

Aug. 23, 2015 at 3:31 pm CDT

The feeder cattle market in a world of its own but has a fair amount of new information — mostly negative — to digest as the fall run moves into full steam. Despite the upcoming uncertainty, western Canadian yearling prices were $4 to $8 above last week on very strong […]

By Jerry Klassen

Aug. 21, 2015 at 5:47 pm CDT

The size of Canada’s cattle herd is still in decline and almost a quarter smaller than its peak in 2005, Statistics Canada reports. The federal statistics agency on Thursday released estimates showing the herd at 13 million cattle on farms on July 1 this year, down 2.1 per cent from […]

By Staff

Aug. 21, 2015 at 3:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Friday as global economic turmoil sparked fears of a U.S. meat export slowdown, traders and analysts said. Spot-August futures closed 1.05 cents/lb. lower at 145.425 cents, and October 2.475 cents lower at 143.85 cents (all figures […]

By Theopolis Waters

Aug. 20, 2015 at 5:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday, supported by short-covering after packers hiked bids for unsold market-ready (cash) cattle, traders said. Spot-August futures closed 1.225 cents/lb. higher at 146.475 cents, and October 1.175 cents higher at 146.325 cents (all figures US$). Processors in […]

By Theopolis Waters