Insights and Stories on Cattle

U.S. livestock: CME cattle firm on bargain buying, grain values

Jan. 23, 2023 at 3:44 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Monday amid a spate of bargain buying after a recent slump in prices helped mute market impact of the bearish results of the latest Cattle on Feed report from the U.S. Agriculture Department, traders said. Cattle futures also were […]

U.S. livestock: CME cattle end higher, rebounding ahead of USDA data

Jan. 20, 2023 at 7:51 pm CST

By Julie Ingwersen

U.S. livestock: CME live cattle futures hit one-month low

Jan. 19, 2023 at 9:43 pm CST

By Julie Ingwersen

U.S. livestock: CME hog futures sag as pork prices hover near two-year lows

Jan. 18, 2023 at 8:02 pm CST

By Julie Ingwersen

U.S. livestock: CME cattle futures sag on long liquidation, rising grains

Jan. 17, 2023 at 6:51 pm CST

By Julie Ingwersen

U.S. livestock: CME live cattle end firm on tight supplies, lower weights

Jan. 13, 2023 at 7:51 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firm on Friday, underpinned by tight supplies and as harsh winter weather in recent weeks lowered cattle slaughter weights and limited beef production, traders said. Live cattle futures prices remained bound in a recent trading range as cash […]

By Karl Plume

U.S. livestock: CME lean hogs end mixed, cattle mostly lower

Jan. 12, 2023 at 5:29 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mixed on Thursday, with actively traded nearby months down on weak pork prices and dull demand, while deferred contracts rose on expectations for tighter supplies in coming months, traders said. The February hog contract was down for the 10th […]

By Karl Plume

U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low

Jan. 11, 2023 at 6:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale […]

By Karl Plume

U.S. livestock: CME hogs sink to three-month low on weak pork prices

Jan. 10, 2023 at 5:45 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Tuesday for the eighth time in nine sessions on concerns about pork demand and slumping pork prices, traders said. The actively traded February lean hog contract dropped to a three-month low as packer margins eroded and the pork […]

By Karl Plume

Klassen: Feeder market looks upward

Jan. 10, 2023 at 2:24 am CST

Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to […]

By Jerry Klassen