Insights and Stories on Feeder Cattle

U.S. livestock: Cattle futures drift lower as corn prices soar

Jun. 30, 2020 at 8:27 pm CDT

Chicago | Reuters — U.S. cattle futures closed modestly lower on Tuesday, pressured by a surge in Chicago Board of Trade (CBOT) corn futures that is likely to squeeze profit margins for livestock producers, traders said. “The rise in feed costs changes the dynamics in the industry. It cuts into […]

Klassen: Feeder cattle market experiences mixed tone

Jun. 29, 2020 at 11:04 pm CDT

By Jerry Klassen

U.S. livestock: Hogs tumble on bigger-than-expected supply, economic concerns

Jun. 26, 2020 at 6:25 pm CDT

By Karl Plume

U.S. livestock: Hogs mostly higher ahead of USDA inventory data

Jun. 25, 2020 at 5:33 pm CDT

By Karl Plume

U.S. livestock: Cattle, hog futures down on big supplies, economic jitters

Jun. 24, 2020 at 8:23 pm CDT

By Karl Plume

U.S. livestock: Futures rise as frozen meat stocks decline

Jun. 23, 2020 at 5:56 pm CDT

Chicago | Reuters — U.S. cattle and hog futures firmed on Tuesday following two sessions of declines after U.S. Department of Agriculture (USDA) data showed a larger-than-anticipated decline in cold-storage stocks of pork and beef. The USDA stocks report, released after the close on Monday, showed a record-large drop in […]

By Karl Plume

Klassen: Feeder cattle market grinds lower

Jun. 23, 2020 at 12:01 pm CDT

Compared to last week, western Canadian feeder cattle prices were steady to $4 lower on average. Small packages were available and buyers were picking away with subdued interest. There were some “green” strings of yearlings in Alberta and Saskatchewan which were well bid; however, most cattle were characterized by medium […]

By Jerry Klassen

U.S. livestock: Hog futures drop as China tightens food import restrictions

Jun. 22, 2020 at 5:54 pm CDT

Chicago | Reuters — U.S. lean hog futures retreated on Monday, with actively traded nearby contracts sinking more than three per cent and hitting life-of-contract lows amid worries about pork exports to China, which has stepped up oversight of imported goods due to COVID-19. China’s customs authority said on Sunday […]

By Karl Plume

U.S. livestock: Futures drop ahead of USDA data

Jun. 19, 2020 at 4:23 pm CDT

Chicago | Reuters — U.S. livestock futures fell on Friday, as hog producers and cattle ranchers continue to struggle with a massive backlog even as many slaughterhouses come back online. The U.S. Department of Agriculture’s monthly Cattle on Feed report, released Friday after the market close, showed May feedlot placements […]

By Christopher Walljasper

U.S. livestock: Cattle futures, beef prices decline

Jun. 18, 2020 at 5:26 pm CDT

Chicago | Reuters — U.S. live cattle futures fell Thursday as boxed beef prices tumbled under pressure from rising production. Beef output has increased as meat companies increase slaughtering after temporarily closing processing plants in April and May because of outbreaks of the COVID-19 coronavirus among workers. Processors killed an […]

By Tom Polansek