Insights and Stories on Cattle Futures

Klassen: Alberta demand drives feeder market higher

Apr. 16, 2019 at 10:46 am CDT

Compared to last week, western Canadian yearling prices were $2-$4 higher while calves were relatively unchanged. Stronger fed cattle prices in the deferred positions along with lower new-crop barley values resulted in a firmer tone. We’re in the last half of April and quality cattle will be hard to come […]

U.S. livestock: CME hogs push higher as herds in China suffer from virus

Apr. 15, 2019 at 6:30 pm CDT

By Tom Polansek

U.S. livestock: CME lean hogs up third straight session

Apr. 12, 2019 at 6:56 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs surge on strong pork sales

Apr. 11, 2019 at 6:47 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle down as weather fears ease

Apr. 10, 2019 at 7:22 pm CDT

By Julie Ingwersen

U.S. livestock: CME hogs limit down, retreating from last week’s top

Apr. 9, 2019 at 7:41 pm CDT

Chicago | Reuters — Most months of Chicago Mercantile Exchange lean hog futures closed down the daily three-cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. “The cash market has slowed down. It was down a little yesterday and the […]

By Julie Ingwersen

Klassen: Feeder market incorporates risk premium

Apr. 9, 2019 at 9:08 am CDT

Fed and feeder cattle markets have incorporated a risk premium due to the uncertainty in beef production. Adverse weather has plagued much of the U.S. Midwest over the past couple of months and the six- to 10-day forecast calls for above-normal precipitation. Compared to last week, western Canadian yearling markets […]

By Jerry Klassen

U.S. livestock: CME hogs lower as rally pauses

Apr. 8, 2019 at 7:10 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mostly lower on Monday as softening cash hog prices sparked a round of profit-taking after Friday’s contract highs, traders said. “Cash prices stopped moving higher at a rapid clip, so everyone is taking a step back,” said Altin Kalo, […]

By Julie Ingwersen

U.S. livestock: CME hog futures rise again with swine fever in focus

Apr. 5, 2019 at 4:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mostly higher on Friday as speculators continued to push prices higher due to concerns about African swine fever in China, traders said. The spread of the deadly virus has raised expectations of a pick-up in demand from China, the […]

By Mark Weinraub

U.S. livestock: Hog futures extend rally as African swine fever spreads

Apr. 4, 2019 at 6:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday for the third day in a row, supported by expectations that the spread of deadly African swine fever in China would boost demand from the world’s top pork buyer. The most-active June hogs contract closed up three […]

By Mark Weinraub