Insights and Stories on Cattle Futures

Aug. 18, 2020 at 4:15 am CDT

Compared to last week, western Canadian yearlings fresh off grass traded steady to $2 higher; backgrounded yearlings were relatively unchanged. The calf market was too thin to quote. Major feedlot operators set the price structure and were once again very aggressive. While many feedlots are backed up with market-ready supplies […]

By Jerry Klassen

Aug. 11, 2020 at 3:00 am CDT

Compared to last week, western Canadian yearlings traded $2-$4 higher. This was the first week of the fall yearling run with larger groups of quality packages and there was no shortage of buying enthusiasm. Heavier yearlings were readily trading at 52-week highs. Feed barley prices collapsed in southern Alberta as […]

By Jerry Klassen

Aug. 1, 2020 at 9:10 am CDT

Chicago | Reuters – U.S. live cattle futures rose on Friday, with the benchmark October contract nearing a five-month high on expectations of firmer cash cattle prices in the coming week, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled up 1.100 cents at 102.825 cents per pound. […]

By Julie Ingwersen

Jul. 30, 2020 at 4:39 pm CDT

Chicago | Reuters – U.S. live cattle futures closed higher on Thursday for a third straight day, buoyed by strong weekly beef export sales and signs of firming cash cattle prices, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.275 cent at 101.725 cents per pound […]

By Julie Ingwersen

Jul. 29, 2020 at 5:57 pm CDT

Chicago | Reuters – U.S. live cattle futures closed higher on Wednesday for a second session on firm cash cattle prices and a softer dollar, traders said. Cash cattle traded in the Texas Panhandle and Kansas at $97 per cwt, mostly $1 higher than last week, the U.S. Department of Agriculture said […]

By Julie Ingwersen