Insights and Stories on Feeder Cattle

Aug. 8, 2024 at 6:18 pm CDT

Chicago Mercantile Exchange (CME) livestock futures turned lower on Thursday, with cattle futures slumping amid a flurry of fund selling and weakening wholesale pricing, traders said.

By P.J. Huffstutter

Aug. 7, 2024 at 4:55 pm CDT

Chicago Mercantile Exchange live cattle futures were mixed on Wednesday, and feeder cattle turned lower, as the U.S. dollar continued to recover and livestock traders remained uneasy about the health of the global economy, market analysts said.

By P.J. Huffstutter, Reuters

Aug. 6, 2024 at 4:17 pm CDT

For the week ending August 3, Western Canadian feeder cattle prices were relatively unchanged from seven days earlier. Strong buying interest continued on yearlings straight off grass; however, the “just get’em” type orders that were evident a week earlier now had limits. More cattle will come available in August and buyers are being more patient to see how the market develops.

By Jerry Klassen

Aug. 6, 2024 at 4:08 pm CDT

Chicago Mercantile Exchange live cattle and lean hog futures stabilized on Tuesday after sliding during the previous session on fears that the U.S. may be headed for a recession.

By Reuters, Tom Polansek

Aug. 2, 2024 at 4:31 pm CDT

Chicago Mercantile Exchange (CME) cattle futures plunged sharply on Friday, with back-month feeder cattle contracts setting new lows, as signs of a weakening U.S. economy spurred market participants to unwind long positions and seek cover, traders said.

By P.J. Huffstutter, Reuters