Insights and Stories on Cattle Futures

U.S. beef packer margins soar as cattle prices fall

May. 23, 2018 at 8:05 pm CDT

Chicago | Reuters — U.S. beef packers including Tyson Foods and Cargill are racking up historically high margins, thanks to slumping cattle prices amid a supply glut and as Americans turn to beef for their backyard summer barbecues. Supermarkets are stocking up on steaks, hot dogs and hamburgers for the […]

U.S. livestock: Cattle, hogs rise on investment fund buying

May. 23, 2018 at 6:42 pm CDT

By Michael Hirtzer

U.S. livestock: Cattle surge on technical buying, packer demand

May. 21, 2018 at 7:55 pm CDT

By Michael Hirtzer

U.S. livestock: Live cattle drop on weak cash prices, big supplies

May. 18, 2018 at 7:19 pm CDT

By Karl Plume

U.S. livestock: Live cattle rebound on technical buying, short-covering

May. 17, 2018 at 5:05 pm CDT

By Karl Plume

U.S. livestock: Live cattle drop on weak cash prices, big supply

May. 16, 2018 at 6:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped for a third straight session on Wednesday on weakening cash cattle prices and plentiful supplies of market-ready animals, traders said. Actively traded CME August live cattle futures settled 1.35 cents lower at 99.05 cents/lb., its lowest since April 4 […]

By Karl Plume

U.S. livestock: Live cattle slump again on falling cash prices

May. 15, 2018 at 5:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell sharply for a second straight session on Tuesday, pressured by technical selling and weakening cash cattle prices, traders said. Large numbers of slaughter-ready cattle are expected to continue flooding the market over near term and futures prices have slumped […]

By Karl Plume

Klassen: Feeder market faces many headwinds

May. 14, 2018 at 10:52 pm CDT

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Feedlot operators and order buyers were contending with a number of variables which resulted in a defensive tone. First, the Canadian dollar rallied late in the week, derailing any buying interest from south of the border. U.S. feeder […]

By Jerry Klassen

U.S. livestock: June live cattle limit down in technical selloff

May. 14, 2018 at 5:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures tumbled two per cent or more on Monday, with the front-month June contract falling by its three-cents per pound daily limit in a technical selloff, traders said. Sufficient cattle supplies and weaker trades last week in U.S. Plains cash steer […]

By Michael Hirtzer

U.S. livestock: CME hogs slump amid fund roll, NAFTA worries

May. 11, 2018 at 3:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished lower on Friday, hit by the “roll” by funds into deferred months and uneasiness over North American Free Trade Agreement (NAFTA) talks, said traders. “NAFTA fears, Goldman roll and premiums to the cash prices. Everyone who bought futures this […]

By Reuters