Insights and Stories on Cattle Futures

Klassen: Patient buyers await lower feeder market

Oct. 10, 2016 at 6:35 pm CDT

Patience is a virtue, the old saying goes. Unlike the past few years, feedlot operators have been rewarded for waiting and there is no clear signal the market has any incentive to deviate from the current direction. Western Canadian feeder markets were trading $5-$8 below week-ago levels as larger numbers […]

U.S. livestock: CME live cattle slump limit down

Oct. 10, 2016 at 5:34 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle close weak

Oct. 7, 2016 at 5:27 pm CDT

By Theopolis Waters

U.S. livestock: CME lean hogs rebound on bargain buying

Oct. 6, 2016 at 5:03 pm CDT

By Theopolis Waters

U.S. livestock: Burdensome supplies slam lean hog futures

Oct. 5, 2016 at 5:46 pm CDT

By Theopolis Waters

U.S. livestock: Live cattle post biggest daily percentage gain in a year

Oct. 4, 2016 at 5:35 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures surged about three per cent on Tuesday to their best one-day performance since October 2015, sparked by short-covering and technical buying, said traders. Prior to Tuesday’s open, CME live cattle contracts displayed a Relative Strength Index (RSI) of 27. A […]

By Theopolis Waters

Klassen: Prolonged negative margins weigh on feeder market

Oct. 4, 2016 at 9:26 am CDT

Western Canadian feeder cattle prices traded $5-$10 lower last week, with certain auction barns experiencing a week-over-week decline of $15. After 15 months of devastating margins, feedlots have thrown in the towel. If one of the largest, most sophisticated and efficient feedlots shuts the doors, the smaller players are wondering […]

By Jerry Klassen

U.S. livestock: Bargain buying rallies CME lean hogs

Oct. 3, 2016 at 6:12 pm CDT

Chicago | Reuters — Most Chicago Mercantile Exchange lean hog contracts ended sharply higher on Monday, fueled by bargain buying following futures’ plunge by their three-cent/lb. price limit on Friday, said traders. October, which will expire on Oct. 14, closed down 0.1 cent/lb. at 48.925 cents (all figures US$). Most-actively […]

By Theopolis Waters

U.S. livestock: Hogs, cattle tumble to multi-year lows on supply woes

Sep. 30, 2016 at 5:41 pm CDT

Chicago | Reuters — U.S. hog and cattle futures plummeted to the lowest levels in years on Friday, extending recent declines amid abundant animal and meat supplies and as investors squared up their books on the final day of the quarter, traders said. Chicago Mercantile Exchange lean hogs fell roughly […]

By Michael Hirtzer

U.S. livestock: Hogs higher on short-covering after seven-year lows

Sep. 29, 2016 at 4:54 pm CDT

Chicago | Reuters — U.S. lean hog futures edged higher on Thursday, rebounding from an earlier seven-year low as investors squared positions ahead of a government supply report due on Friday, traders and analysts said. Traders also were cleaning up their books ahead of the last day of the third […]

By Michael Hirtzer