Insights and Stories on Cattle

Klassen: Feeder cattle market continues on downward trend

Nov. 2, 2021 at 9:01 am CDT

Compared to last week, Western Canadian yearling markets dropped $2 to $4 while calf prices sank $2 to as much as $6 on average. Rising feed grain prices set a negative tone. Adverse weather also contributed to lower bids, especially in the lighter weight categories. Most auction barns had feature […]

Beef cattle producers ‘encouraged’ by new CPTPP applicants

Oct. 29, 2021 at 8:40 am CDT

By Dave Bedard

Klassen: Feeder cattle market grinds lower

Oct. 26, 2021 at 8:58 am CDT

By Jerry Klassen

U.S. livestock: CME live cattle falls as cash market idles

Oct. 22, 2021 at 6:47 pm CDT

By Christopher Walljasper

U.S. livestock: CME lean hogs fall on sluggish export sales

Oct. 21, 2021 at 7:17 pm CDT

By Christopher Walljasper

U.S. livestock: CME lean hogs down on technical selling, export worries

Oct. 20, 2021 at 7:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on technical selling and fears that falling Chinese hog prices point to slowing export demand for U.S. pork, traders said. CME December lean hog futures settled down 1.375 cents at 76.025 cents/lb., after dipping to 75.925 cents […]

By Julie Ingwersen

U.S. livestock: CME live cattle down on technical selling, uncertain demand

Oct. 19, 2021 at 7:27 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower for a second straight session on Tuesday, retreating from early strength on technical selling and uncertainty about consumer demand for meat, traders said. CME December live cattle futures settled 0.4 cent lower at 130.025 cents/lb., turning down after […]

By Julie Ingwersen

Klassen: Feeder market reflects softer sentiment

Oct. 19, 2021 at 8:46 am CDT

Compared to last week, western Canadian yearling markets traded $2-$4 lower; calves over 700 lbs. appeared to hold value; calves weighing less than 700 lbs. were down $3 to as much as $5. The yearling run is basically finished. Ontario buying interest was supportive in the eastern Prairie regions due […]

By Jerry Klassen

U.S. livestock: CME live cattle retreat from one-month high

Oct. 18, 2021 at 7:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, hit by profit-taking and technical selling after the benchmark December contract hit a one-month high on Friday, traders said. A stronger close in corn futures pressured feeder cattle futures. CME December live cattle futures settled down […]

By Julie Ingwersen

U.S. livestock: CME cattle futures mixed

Oct. 15, 2021 at 4:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures fell on Friday, pressured by rising corn prices, while live cattle futures inched up as traders anticipated seeing the cash trade improve, traders said. Meanwhile, lean hog futures rose on short-covering ahead of the weekend. The cattle market has been […]

By P.J. Huffstutter