Insights and Stories on Cattle

Klassen: Alberta feedlot backlog limits demand for feeder cattle

Oct. 25, 2022 at 8:35 am CDT

Compared to last week, Western Canadian yearling prices traded steady to $2 lower on average while calf markets were down $3 to $5. Feedlots in Alberta and Saskatchewan are backed up with significant numbers of market ready fed cattle which has set a negative tone for replacement cattle. Carcass weights […]

U.S. livestock: Cattle, hog futures rise on robust beef, pork demand

Oct. 21, 2022 at 6:29 pm CDT

By Mark Weinraub

U.S. livestock: Live cattle futures extend gains

Oct. 20, 2022 at 4:43 pm CDT

By Mark Weinraub

U.S. livestock: Cattle, hog futures rise on cash market strength

Oct. 19, 2022 at 5:07 pm CDT

By Mark Weinraub

U.S. livestock: Live cattle futures hit over seven-year high

Oct. 18, 2022 at 7:20 pm CDT

By Mark Weinraub

U.S. livestock: Live cattle, hog futures hit multi-week highs

Oct. 17, 2022 at 4:49 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog and live cattle futures rallied to multi-week highs on Monday. CME December lean hog futures rose 2.7 cents to settle at 84.95 cents/lb. (all figures US$). The contract peaked at 85.1 cents, its highest since Sept. 23, and rose above its 100-day […]

By Mark Weinraub

U.S. livestock: Lean hog futures rise on good demand

Oct. 14, 2022 at 6:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a near three-week high on Friday as strong demand and improved pork packer margins sparked buying ahead of the weekend, traders said. Another solid week of pork export sales added support, soothing concerns about rising supplies of market-ready […]

By Karl Plume

U.S. livestock: Cattle, hogs mostly down on weak margins, inflation worries

Oct. 13, 2022 at 7:10 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures ended mostly lower on Thursday on eroding meat packer margins and as soaring inflation raises demand concerns, traders said. Technical selling and profit-taking further fueled declines in livestock futures after live cattle and lean hog contracts touched 2-1/2-week highs […]

By Karl Plume

U.S. livestock: Live cattle mostly up with consumption forecast

Oct. 12, 2022 at 6:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firmer on Wednesday as wholesale beef prices stabilized after a recent slide and as a monthly government report helped to temper concerns about waning consumption. Gains were capped by eroding beef packer margins, although cattle demand is likely […]

By Karl Plume

U.S. livestock: Live cattle firm as packer margins turn negative

Oct. 11, 2022 at 6:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Tuesday as supplies tighten, with beef packer margins falling into the negative for the first time in years, traders said. Beef packers lost $14.35 per head on Tuesday, compared to earnings of $1.60 a day earlier and $18.40 […]

By P.J. Huffstutter