Insights and Stories on Cattle On Feed

Jan. 23, 2018 at 4:51 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained after triggering buy stops, spurred by the morning’s wholesale beef price rebound, traders said. Firmer wholesale beef values stirred bull spreads, in which traders bought February futures and simultaneously sold deferred months. February live cattle finished 1.175 […]

By Theopolis Waters

Dec. 22, 2017 at 3:01 pm CST

Chicago | Reuters — Ranchers drove 13.9 per cent more cattle into U.S. feedlots in November than the same time a year ago, the U.S. Department of Agriculture reported on Friday. The result exceeded the high end of the range of analysts’ forecasts, partly fueled by low feed prices in […]

By Theopolis Waters

Dec. 21, 2017 at 5:11 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Thursday closed higher, after consolidation and short-covering ahead of Friday’s U.S. government cattle report helped the market recoup some recent losses, traders said. Analysts, on average, expect the U.S. Department of Agriculture (USDA) monthly Cattle on Feed report at […]

By Theopolis Waters

Dec. 20, 2017 at 5:15 pm CST

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle sank on Wednesday to a four-month low, hit by a selloff in live cattle futures as well as expectations for increased supplies, said traders. “You’ve got this cattle report coming out on Friday, and everybody says placement numbers are going to […]

By Theopolis Waters

Dec. 19, 2017 at 4:55 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday were weakened for a second day in a row as ample supplies pressured cash prices, said traders. Fund sales and sell stops exerted more pressure on CME hog contracts, they said. February hogs finished down 0.5 cent/lb. to […]

By Theopolis Waters