Insights and Stories on Cattle Futures

Klassen: Uncertain beef demand weighs on feeder market

Mar. 9, 2016 at 2:54 pm CST

The prolonged period of negative feeding margins continues to set a tone in the feeder market. Alberta packers were buying limited numbers of fed cattle this past week with dressed sales in the range of $280 to $283, down nearly $10-$14 from two weeks ago. This appears to have spilled […]

U.S. livestock: Live cattle rise as traders exit nearby positions

Mar. 8, 2016 at 7:22 pm CST

By P.J. Huffstutter

U.S. livestock: CME live cattle end lower as funds roll long positions

Mar. 7, 2016 at 5:29 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle snaps back in anticipation of cash prices

Mar. 4, 2016 at 4:55 pm CST

By Theopolis Waters

U.S. livestock: Cash price unease weakens CME live cattle

Mar. 3, 2016 at 3:34 pm CST

By Theopolis Waters

U.S. livestock: Profit-taking drops CME live cattle

Mar. 2, 2016 at 4:44 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Wednesday, after investors pocketed profits while waiting for market-ready, or cash, cattle to change hands possibly before Friday, traders said. April closed 0.8 cent/lb. lower at 136.3 cents, and June ended 0.425 cent lower at 125.925 (all […]

By Theopolis Waters

Klassen: Feeder cattle steady but demand remains sluggish

Mar. 2, 2016 at 1:03 pm CST

Western Canadian feeder cattle prices traded in line with week-ago levels on average, though the market was quite variable across the Prairies. Favourable temperatures in southern Alberta enhanced demand on all weight categories, especially on grassers from 500 to 650 lbs. Higher-quality backgrounded cattle were also $4-$8 higher in certain […]

By Jerry Klassen

U.S. livestock: Cash price optimism nudges CME live cattle upward

Mar. 1, 2016 at 3:58 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained slightly on Tuesday in anticipation of steady-to-higher prices for market-ready, or cash, cattle possibly before Friday, traders said. April closed 0.125 cent/lb. higher at 137.1 cents, and June ended up 0.175 cent to 126.35 (all figures US$). Cash bids […]

By Theopolis Waters

U.S. livestock: CME live cattle close mixed

Feb. 29, 2016 at 5:07 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mixed on Monday, helped by last Friday’s steady-to-better cash prices but pressured by profit-taking on the last trading day of the month, traders said. The February contract, which expired on Monday at noon CT, closed up 1.95 cents/lb. at […]

By Theopolis Waters

U.S. livestock: CME live cattle dip while awaiting cash prices

Feb. 26, 2016 at 6:33 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures posted modest losses on Friday, weighed down by profit-taking while waiting for market-ready, or cash, cattle to change hands later on Friday, traders said. Beginning on Monday, CME Globex livestock futures and options hours will be revised to 8:30 a.m. […]

By Theopolis Waters