Insights and Stories on Beef Cattle

Jan. 26, 2015 at 5:36 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs ended higher on Monday on short-covering, and the wholesale pork price bounce that helped snap futures’ five-day streak of two-year lows, traders said. February closed 1.525 cents per pound higher at 70.825 cents, and April up two cents, to 72.65 cents […]

By Theopolis Waters

Jan. 25, 2015 at 12:07 pm CST

Western Canadian feeder cattle prices were extremely volatile this past week. In eastern Saskatchewan and Manitoba, the weaker Canadian dollar had a noticeable effect on demand, with the market trading steady to slightly higher in certain cases. Alberta values, however, were definitely softer as cattle prices came under pressure causing […]

By Jerry Klassen

Jan. 23, 2015 at 4:59 pm CST

Chicago | Reuters — The number of cattle placed in U.S. feedlots in December 2014 fell versus last year, a government report showed on Friday, but more than was expected, said analysts. They said feedyards bought fewer calves for fattening, noting that expensive feed and pricey calves wore down margins. […]

By Theopolis Waters

Jan. 23, 2015 at 2:40 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Friday, with nearby contracts down the three-cents-per-pound price limit, ahead of the U.S. Department of Agriculture’s monthly Cattle-On-Feed report at 2 p.m. CT. Analysts expect the report to show a decline in the number of cattle placed in […]

By Theopolis Waters

Jan. 22, 2015 at 4:27 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs drifted to a two-year low for a third straight session on Thursday, pressured by the steep drop in cash and wholesale pork prices, traders said. February closed 0.75 cent per pound lower at 71.6 cents, and April fell 1.35 cents, to […]

By Theopolis Waters