Insights and Stories on Cattle

U.S. livestock: Cattle futures firm despite weak cash markets

Dec. 16, 2020 at 7:53 pm CST

Chicago | Reuters — U.S. cattle futures firmed on Wednesday, shrugging off weakness in the cash market in anticipation of tightening supplies in the coming months, traders said. Hog futures eased on a round of technical selling. Traders were expecting a U.S. Department of Agriculture (USDA) report on Friday to […]

Klassen: Feeder cattle market volatility continues

Dec. 16, 2020 at 9:03 am CST

By Jerry Klassen

U.S. livestock: Hog futures rally on technical buying

Dec. 15, 2020 at 7:20 pm CST

By Mark Weinraub

U.S. livestock: Cattle rise on technical and bargain buying

Dec. 11, 2020 at 7:58 pm CST

By Karl Plume

U.S. livestock: Live cattle advance in bargain-buying bounce

Dec. 10, 2020 at 6:18 pm CST

By Karl Plume

U.S. livestock: Short covering, bargain buying lift cattle, hog futures

Dec. 9, 2020 at 6:18 pm CST

Chicago | Reuters — U.S. live cattle futures firmed on Wednesday in a short-covering and bargain-buying bounce following four straight losing sessions that had dragged prices to 2-1/2-week lows. Lean hog futures also firmed on short covering and bargain buying, though livestock traders remained generally cautious as they monitor broadening […]

By Karl Plume

U.S. livestock: Live cattle futures follow cash prices, beef values lower

Dec. 8, 2020 at 6:38 pm CST

Chicago | Reuters — U.S. live cattle futures fell for a fourth straight session on Tuesday as cash cattle traded lower at southern U.S. Plains feedlot markets and as wholesale beef prices continued a steep seasonal slide. Declines, however, were limited by bargain buying as some traders viewed the recent […]

By Karl Plume

Klassen: Feeder market takes direction from live cattle futures

Dec. 8, 2020 at 1:38 am CST

Compared to last week, western Canadian yearling markets traded steady to $4 lower; midweight calves traded $3 lower to $3 higher and calves under 550 lbs. were relatively unchanged. Yearling supplies are limited at this time of year but demand is also hard to find. These cattle will come on […]

By Jerry Klassen

U.S. livestock: Live cattle futures step back on demand uncertainty

Dec. 4, 2020 at 6:50 pm CST

Chicago | Reuters — Live cattle futures fell on Friday as a third day of softer wholesale beef prices brought retailer demand into question, traders said. “Wholesale beef prices appear to have topped again and could head lower into the holidays, other than some late buying by retailers last minute,” […]

By Christopher Walljasper

U.S. livestock: Cattle futures step back on demand uncertainty

Dec. 3, 2020 at 5:26 pm CST

Chicago | Reuters — Live cattle futures trimmed on Thursday as fears of additional pandemic closures weighed on the demand outlook, traders said. Chicago Mercantile Exchange February live cattle futures fell 1.35 cents to 112.575 cents/lb., the contract’s biggest decline in two weeks (all figures US$). CME January feeder cattle […]

By Christopher Walljasper