Insights and Stories on Cattle Futures

Klassen: Drop in fed cattle prices weighs on feeder complex

May. 10, 2016 at 11:59 am CDT

Alberta fed cattle prices dropped sharply last week, with dressed sales falling $10 to $20 from seven days earlier. Despite the weakening Canadian dollar, wholesale beef prices also fell US$10/cwt which offset any currency benefit. Feedlot operators froze with disbelief as the market suffered one of the sharpest week-over-week declines […]

U.S. livestock: Cattle hit 3-1/2 week high on cash gains

May. 9, 2016 at 5:13 pm CDT

By Michael Hirtzer

U.S. livestock: CME live cattle climb for sixth straight session

May. 6, 2016 at 3:14 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rally fifth day in a row

May. 5, 2016 at 3:29 pm CDT

By Theopolis Waters

U.S. livestock: More gains for CME live cattle

May. 4, 2016 at 3:55 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle up third straight session

May. 3, 2016 at 4:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday marked three days of gains, supported by their discounts to last week’s prices for market-ready, or cash, cattle, traders said. June live cattle closed 0.575 cent/lb. higher at 116.375 cents, and August ended up 0.625 cent at 114.35 […]

By Theopolis Waters

Klassen: Downward price trend continues for feeder cattle

May. 2, 2016 at 7:54 pm CDT

The feeder cattle market feels like a falling dagger — and trying to pick a bottom can be painful. Western Canadian auction markets saw heavier replacements over 800 lbs. fall $8-$12 compared to last week; calves were generally $5-$8 below week-ago levels. Feedlot buying interest was once again limited to […]

By Jerry Klassen

U.S. livestock: CME live cattle extend gains

May. 2, 2016 at 4:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Monday landed in positive territory for a second straight session, driven by more short-covering and futures’ discounts to last week’s cash prices, traders said. June live cattle closed 0.875 cent/lb. higher at 115.8 cents, and August ended up 1.3 […]

By Theopolis Waters

U.S. livestock: CME live cattle close higher, but off highs

Apr. 29, 2016 at 3:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday reversed some of Thursday’s steep losses, helped by short-covering after investors squared positions on the last trading session for the month, traders said. April live cattle, which expired at noon CT, settled 0.25 cent/lb. higher at 123.1 cents […]

By Theopolis Waters

U.S. livestock: Sluggish beef demand sinks CME live cattle

Apr. 28, 2016 at 3:48 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled sharply lower on Thursday, with the June contract down by its three-cent/lb. daily price limit, as sluggish beef demand threatened to pressure cash prices by Friday, traders said. Lightly-traded April live cattle, which has no limit on the final […]

By Theopolis Waters