Insights and Stories on Beef Cattle

Klassen: Renewed buying interest drives feeder market

Feb. 9, 2015 at 6:48 pm CST

Western Canadian feeder cattle prices experienced extremely aggressive buying interest this past week. Feeder cattle in the 700-pound-plus category were trading $2 to as much as $8 higher in some cases, while lighter-weight cattle were steady to $5 above week-ago levels. I was extremely surprised by prices and comments after […]

U.S. livestock: CME hog futures resume slide to six-year low

Feb. 9, 2015 at 4:31 pm CST

By Theopolis Waters

U.S. livestock: Bargain hunters reverse CME hog futures losses

Feb. 6, 2015 at 5:49 pm CST

By Theopolis Waters

Cattle chew through less grain in 2014-15, so far

Feb. 5, 2015 at 6:29 pm CST

By Dave Sims

U.S. livestock: CME hog futures hit six-year low as supply woes persist

Feb. 5, 2015 at 6:13 pm CST

By Theopolis Waters

U.S. livestock: Supply worries drop lean hogs to five-year low

Feb. 4, 2015 at 6:43 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hogs fell to their lowest level in five years Wednesday as abundant supplies of heavyweight hogs pressured cash prices and hurt wholesale pork demand, traders said. “We’re simply supply-bearish,” said U.S. Commodities analyst Don Roose. Market-ready (cash) hogs in the Midwest […]

By Theopolis Waters

U.S. livestock: CME live cattle rebound with beef prices

Feb. 3, 2015 at 5:18 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher after Tuesday’s choppy session, supported by the wholesale beef price upswing that trumped initial selling, traders said. February closed 0.55 cent per pound higher at 153.75 cents, and April up 0.975 cent, to 150.575 cents (all figures US$). […]

By Theopolis Waters

U.S. livestock: Hogs fall to four-year low, cattle tumble on supply

Feb. 2, 2015 at 5:53 pm CST

Chicago | Reuters –– U.S. lean hogs fell one per cent to a more than four-year low on Monday, while live and feeder cattle also tumbled as investors liquidated long holdings on signs of plentiful supplies. Hog prices declined in U.S. Midwest cash markets, where pork packers had enough of […]

By Michael Hirtzer

Klassen: Feeder cattle market turning over

Feb. 2, 2015 at 4:26 pm CST

Western Canadian feeder cattle prices were very uneven over the past week. Market reports from the major feeding regions reflected values steady to $3 higher, while other reports were steady to $5 lower. Gains were noted on cattle under 500 pounds, such as in central Alberta, where a small group […]

By Jerry Klassen

Aggressive herd expansion reverses shrinking U.S. cattle supply

Jan. 30, 2015 at 4:42 pm CST

Chicago | Reuters — Affordable feed and record-high spikes in cattle prices in 2014 encouraged U.S. ranchers to increase their herds at a faster pace than previously expected during the past year, analysts said in response to a government yearly cattle report on Friday. Expansion efforts by producers helped turnaround […]

By Theopolis Waters