Insights and Stories on Cattle

Klassen: Feeder market softens on limited volumes

Jul. 10, 2019 at 1:56 pm CDT

Compared to last week, western Canadian feeder cattle prices were steady to $3 lower on average. Many auction barns were on holidays last week. Auctions that did hold sales had limited numbers on offer. The feeder market remains under pressure due to negative feeding margins, firm feed grain values and […]

U.S. livestock: Hogs limit up on firming cash pork, China hopes

Jul. 9, 2019 at 7:09 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs down on ample supplies

Jul. 8, 2019 at 7:14 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle jump on firmer cash trade

Jul. 5, 2019 at 7:25 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs end down, live cattle up

Jul. 3, 2019 at 4:18 pm CDT

By Julie Ingwersen

U.S. livestock: Nearby lean hogs firm on bargain-buying, China hopes

Jul. 2, 2019 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) nearby lean hog futures closed higher on Tuesday for a second session on technical buying after last week’s multimonth lows and hopes that a resumption of U.S.-China trade talks could spur export demand for U.S. pork, traders said. U.S. President Donald Trump […]

By Julie Ingwersen

Klassen: Feeder market enters summer doldrums

Jul. 2, 2019 at 12:57 am CDT

Compared to last week, western Canadian feeder cattle markets traded steady to $5 lower on average. Small volumes were available last week, which distorted the price structure. Many feedlot hands will rotate holidays through July; therefore, feedlot operators don’t want to bring in fresh replacements with a skeleton staff. Recent […]

By Jerry Klassen

U.S. livestock: Lean hogs up on trade hopes, falling corn prices

Jul. 1, 2019 at 7:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Monday on a mix of technical buying, falling corn prices and muted optimism about the weekend resumption of U.S.-China trade negotiations, traders said. “Lean hog futures (received) support from hopes of more Chinese buying after weekend talks […]

By Julie Ingwersen

U.S. livestock: Nearby lean hogs drop on continued herd expansion

Jun. 28, 2019 at 7:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday, with nearby contracts pressured by plentiful supplies of hogs and pork and deferred months buoyed by signs of a slowing multi-year U.S. hog herd expansion, traders said. Actively traded nearby contracts posted steep declines after […]

By Karl Plume

U.S. livestock: Hogs up before USDA confirms herd expansion

Jun. 27, 2019 at 6:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied on Thursday on short-covering and position squaring near the end of the month and quarter after prices hit multi-month lows earlier this week, traders said. Investors also squared bets ahead of the U.S. Department of Agriculture’s (USDA) quarterly […]

By Karl Plume