Insights and Stories on Beef

U.S. livestock: Cattle rally on fund buying, cheaper feed

Feb. 23, 2024 at 4:30 pm CST

Chicago Mercantile Exchange (CME) cattle futures rallied on Friday, as funds continued to flock into the market and the cost of feed prices fell sharply, market analysts said.

Klassen: Feeder market shows signs of herd expansion

Feb. 20, 2024 at 10:48 am CST

By Jerry Klassen

U.S. livestock: Lean hogs advance after strong US pork export data

Feb. 15, 2024 at 5:46 pm CST

By Reuters Tom Polansek

U.S. livestock: Livestock futures turn lower on pressure from equity markets

Feb. 13, 2024 at 5:06 pm CST

By P.J. Huffstutter Reuters

Klassen: Feeder market continues to climb

Feb. 13, 2024 at 9:24 am CST

By Jerry Klassen

U.S. livestock: Feeders firm, live cattle futures ease

Feb. 12, 2024 at 5:41 pm CST

Chicago Mercantile Exchange feeder cattle futures posted solid gains on Monday, on weakness in the corn market and amid market signals that feed lots may be interested in holding their herds back from slaughter, traders said.

By P.J. Huffstutter Reuters

U.S. livestock: CME lean hogs firm; cattle futures mixed on technical resistance

Feb. 9, 2024 at 3:12 pm CST

Chicago Mercantile Exchange lean hog futures turned higher on Friday, bolstered by export sales that include China buying U.S. pork supplies for their open market, traders said.

By P.J. Huffstutter Reuters

U.S. livestock: Live cattle, nearby feeder cattle futures firm

Feb. 8, 2024 at 5:46 pm CST

Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.

By P.J. Huffstutter Reuters

Cowboy rides through a pen of steers at a feedlot.

U.S. livestock: Cattle futures lower, hogs mixed on technical trading

Feb. 7, 2024 at 5:28 pm CST

Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.

By P.J. Huffstutter Reuters

Klassen: Canadian feeder market jumps on USDA data

Feb. 6, 2024 at 9:17 am CST

For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.

By Jerry Klassen