Insights and Stories on Beef

Klassen: Feeder market quiets at year-end

Jan. 2, 2024 at 9:42 am CST

The last full week of 2023 was characterized by lower volumes and limited buying interest. Feedlot operators don’t want to weigh down schedules of hired hands over the holidays. Many auction barns were closed for the season while some held bred cows and bred heifer sales.

U.S. livestock: CME cattle, lean hog futures mixed to lower

Dec. 29, 2023 at 5:25 pm CST

By P.J. Huffstutter Reuters

U.S. livestock: CME cattle, lean hog futures weighed by demand questions

Dec. 28, 2023 at 5:12 pm CST

By P.J. Huffstutter Reuters

U.S. livestock: CME lean hog, cattle future contracts mixed

Dec. 27, 2023 at 6:09 pm CST

By P.J. Huffstutter Reuters

U.S. livestock: CME lean hogs firm, but face bigger-than-expected US herd

Dec. 22, 2023 at 4:15 pm CST

By P.J. Huffstutter Reuters

U.S. livestock: CME cattle futures face renewed pressure

Dec. 21, 2023 at 4:48 pm CST

Chicago Mercantile Exchange cattle futures were mostly sharply lower on Thursday as traders sold off or shifted their positions ahead of a series of key government reports, analysts said.

By P.J. Huffstutter Reuters

U.S. livestock: Cattle futures firm on hopes of higher cash prices

Dec. 20, 2023 at 5:07 pm CST

Chicago Mercantile Exchange cattle futures firmed on Wednesday amid technical trading, weakness in U.S. corn futures and hopes of higher cash prices next week as packers close out the year, analysts said.

By P.J. Huffstutter Reuters

U.S. livestock: CME cattle futures fall on technical trading ahead of reports

Dec. 19, 2023 at 4:16 pm CST

Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.

By Reuters Tom Polansek

Klassen: Feeder market ends year on mixed sentiment

Dec. 19, 2023 at 9:47 am CST

Western Canadian feeder cattle markets were unchanged, to as much as $10 lower compared to last week. Demand for heifers was suffering last week. A weaker tone was noted in the Eastern prairie regions as Ontario demand appeared to evaporate last week. Alberta packers were buying fed cattle on a dressed basis in the range of $368-$370/cwt, down $7-$8 from last week.

By Jerry Klassen

U.S. livestock: Cattle extend advances on technical buying, firm equities

Dec. 18, 2023 at 5:23 pm CST

Chicago Mercantile Exchange live cattle and feeder cattle futures closed higher on Monday on technical buying and support from firmer equities, analysts said.

By Reuters Tom Polansek