Insights and Stories on Cattle

U.S. livestock: CME live cattle mixed as traders await USDA data

May. 19, 2022 at 6:22 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Thursday as traders awaited U.S. Department of Agriculture data on the number of cattle in feedlots. USDA’s Cattle on Feed report, due Friday at 2 p.m. CT, is expected to show U.S. feedlots held 1.3 per cent […]

U.S. livestock: CME cattle fall with equities

May. 18, 2022 at 6:00 pm CDT

By Tom Polansek

Klassen: Feeder market develops two-tier price structure

May. 17, 2022 at 5:33 pm CDT

By Jerry Klassen

U.S. livestock: CME lean hogs extend recovery from recent slide

May. 17, 2022 at 4:46 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle futures bounce from losses

May. 16, 2022 at 7:13 pm CDT

By Tom Polansek

U.S. livestock: CME lean hogs bounce after recent losses

May. 13, 2022 at 7:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded on Friday after dropping a day earlier to their lowest prices since January. The market was due for a bounce following a recent slide that was driven by concerns about weakening U.S. demand and technical selling, analysts said. The […]

By Tom Polansek

U.S. livestock: CME cattle, hogs weaken amid demand concerns

May. 12, 2022 at 6:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange livestock futures fell on Thursday, as high meat prices are threatening U.S. demand, analysts said. Concerns that inflation could remain elevated for longer than anticipated weighed on the markets because higher prices could reduce meat sales, analysts said. Traders also watched a rise […]

By Tom Polansek

U.S. livestock: CME lean hogs drop to January lows on demand worries

May. 11, 2022 at 5:16 pm CDT

Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index […]

By Tom Polansek

Klassen: Feeder market starts seasonal rally

May. 11, 2022 at 8:13 am CDT

Compared to last week, western Canadian yearling markets traded $4 to as much as $6 higher on average. Calf markets were sharply higher. Auction barns in Manitoba reported calf prices up $8-$10 on average with certain pockets up as much $15. Calf markets in Alberta and Saskatchewan were up a […]

By Jerry Klassen

U.S. livestock: CME lean hogs firm nearby

May. 10, 2022 at 6:54 pm CDT

Chicago | Reuters — CME’s nearby lean hog futures firmed on Tuesday, incentivizing producers to sell market-ready hogs rather than hold them for premiums later in the summer, analysts said. High futures prices “may have encouraged producers to take a little more risk,” said Altin Kalo, economist at Steiner Consulting […]

By Christopher Walljasper