Insights and Stories on Cattle Futures

Klassen: Strong demand drives yearlings higher

Aug. 14, 2018 at 4:28 pm CDT

Compared to last week, western Canadian yearling markets traded $2-$3 higher, with quality packages advancing $4-$6. Feedlot operators shrugged off the weaker live cattle futures as feed grain prices came under pressure. Cattle brokers were carrying a full deck of orders, which allowed for limited slippage. Feedlots are anxious to […]

U.S. livestock: Cattle drop on weak cash markets, rising supply

Aug. 13, 2018 at 3:58 pm CDT

By Michael Hirtzer

U.S. livestock: Hog futures fall to new contract lows on heavy supplies

Aug. 8, 2018 at 12:05 pm CDT

By Michael Hirtzer

U.S. livestock: Feeder cattle fall on technical selling; hogs mostly lower

Aug. 7, 2018 at 6:43 pm CDT

By Michael Hirtzer

Klassen: Small volumes characterize feeder cattle market

Aug. 7, 2018 at 11:03 am CDT

By Jerry Klassen

U.S. livestock: Cattle futures rise on better beef packer demand

Aug. 3, 2018 at 5:03 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose sharply on Friday, lifted by better demand from beef packers who were bidding more aggressively to buy steers in cash markets, traders and analysts said. Technical buying also supported cattle futures, which broke out of a relatively narrow trade […]

By Michael Hirtzer

U.S. livestock: Lower cash, pork prices send CME hog futures lower

Aug. 2, 2018 at 5:09 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange hogs closed lower for a third straight day on Thursday, posting new lows for the contract, following downward-trending prices for market-ready, or cash hogs and wholesale pork values, traders said. Plentiful hog supplies and some plants shutting down temporarily to perform routine maintenance, […]

By Theopolis Waters

U.S. livestock: Feeder cattle jump as corn costs decline; hogs extend losses

Aug. 1, 2018 at 4:54 pm CDT

Chicago | Reuters – U.S. cattle futures jumped over 1 percent on Wednesday, with feeder cattle prices leading the way higher after corn futures fell, traders and analysts said. Feed costs are a top expense for fattening cattle and Chicago Mercantile Exchange feeder cattle surged as corn futures turned lower […]

By Michael Hirtzer

U.S. livestock: Hog futures tumble with pork belly prices, despite China hopes

Jul. 31, 2018 at 6:46 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell sharply on Tuesday, weighed down by ample supplies and tumbling prices for pork bellies that are used for bacon, traders said. Front-month August lean hogs fell 2.175 cents to 61.125 cents per pound, dropping to a life-of-contract low for […]

By Michael Hirtzer

Klassen: Stronger beef demand underpins feeder market

Jul. 31, 2018 at 9:59 am CDT

Compared to last week, Western Canadian yearling markets traded $2 to $4 higher on average while calves were relatively unchanged. It appears that yearling supplies could be down 2 per cent to 4 per cent this fall which has feedlots being more aggressive early in the season. Major markets in […]

By Jerry Klassen