Insights and Stories on Cattle On Feed

Sep. 21, 2015 at 4:51 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished higher on Monday, fueled by bargain hunting and short-covering following a four-day losing streak, traders said. Spot-October closed one cent per pound higher at 137 cents, and December ended up 1.375 cents, to 139.75. Traders said CME live cattle […]

By Theopolis Waters

Sep. 18, 2015 at 7:07 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday sank to new contract lows, and hit their lowest in 16 months, for a third consecutive session, pressured by lackluster wholesale beef demand, traders said. Investors exercised caution before the U.S. Department of Agriculture’s monthly Cattle on Feed […]

By Theopolis Waters

Jun. 19, 2015 at 6:38 pm CDT

Chicago | Reuters –– The number of cattle placed in U.S. feedlots last month was lower than anticipated, a government report showed on Friday, reflecting healthy pastures that allowed ranchers to grow livestock longer outside of feedyards, said analysts. Producers retained more heifers to help restore the U.S. cattle herd, […]

By Theopolis Waters

Jun. 1, 2015 at 12:22 am CDT

Western Canadian feeder cattle prices were steady to $2 higher on average with limited sales occurring this past week. The Livestock Markets Association of Canada held its annual convention in Winnipeg on the weekend, so many sales barns were quiet. The market at this time of year is characterized by […]

By Jerry Klassen

May. 22, 2015 at 4:07 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed moderately lower Friday on profit-taking and in response to the U.S. Department of Agriculture’s monthly Cattle on Feed report earlier in the day, traders said. The number of cattle put into U.S. feedlots in April unexpectedly slowed compared with the […]

By Theopolis Waters