Insights and Stories on Beef Prices

Klassen: Feedlots curb buying interest

Nov. 16, 2015 at 7:42 pm CST

Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian feeder cattle prices were under severe pressure, with 700-plus-pound cattle down $8-$12 from seven days earlier; calves under 700 lbs. […]

Klassen: Feeder cattle prices stabilize

Oct. 19, 2015 at 7:54 pm CDT

By Jerry Klassen

U.S. livestock: Higher cash price outlook lifts CME live cattle

Oct. 14, 2015 at 5:03 pm CDT

By Theopolis Waters

U.S. livestock: Bump in beef price extends CME live cattle gains

Oct. 8, 2015 at 5:51 pm CDT

By Theopolis Waters

Volatility prompts CME to raise live cattle margins

Oct. 8, 2015 at 5:45 pm CDT

By Theopolis Waters

U.S. livestock: Short-covering drives CME live cattle higher

Oct. 7, 2015 at 2:58 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Wednesday, fuelled by active short-covering in anticipation of cash and wholesale beef prices bottoming out soon, traders said. Spot October finished 4.225 cents/lb. higher at 129.35 cents, and December up 2.925 cents at 136.15 (all figures US$). “So […]

By Theopolis Waters

U.S. livestock: CME live cattle limit up on beef bounce

Oct. 6, 2015 at 3:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished up their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and bargain hunting following the spike in wholesale beef prices, traders said. Spot October and December finished at 125.125 and 133.225 cents, respectively (all figures US$). Live cattle’s trading […]

By Theopolis Waters

Klassen: Feeder cattle prices collapse

Oct. 5, 2015 at 7:33 pm CDT

Western Canadian feeder cattle prices were traded $15 to $25 below week-ago levels, suffering one of the largest declines in history. Heavier replacement cattle led the market lower, trading down $20 from week-ago levels, while feeders under 600 pounds dropped $10 to $12 on average. Feedlot operators pulled in the […]

By Jerry Klassen

Klassen: Feeder cattle market remains under pressure

Sep. 28, 2015 at 7:23 pm CDT

Western Canadian feeder cattle prices traded $3 to $7 lower in comparison to week-ago levels as the market continues to digest the weaker fed market and softer wholesale beef values. Feedlot operators were more cautious, realizing the current prices don’t pencil profitably, while the deferred live cattle futures dropped like […]

By Jerry Klassen

U.S. livestock: CME live cattle close mixed, hogs lower

Aug. 5, 2015 at 4:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle settled mixed on Wednesday after investors bought the August contract and sold deferred months prompted by the morning’s wholesale beef price increase, traders said. Spot-August futures closed 0.45 cent/lb. higher at 148.675 cents, and October was down 0.025 cent at 148.175 […]

By Theopolis Waters