Insights and Stories on Feeder Cattle

U.S. livestock: Live cattle down as slaughter recovers, beef prices sag

Jun. 5, 2020 at 8:19 pm CDT

Chicago | Reuters — U.S. live cattle futures fell on Friday, pressured by softening prices for market-ready cattle and declining packer profit margins as wholesale beef prices continue to slide, analysts said. Chicago Mercantile Exchange (CME) June live cattle futures settled down 1.825 cents at 93.9 cents/lb. and benchmark August […]

U.S. livestock: Live cattle firm on economic optimism

Jun. 4, 2020 at 6:50 pm CDT

By Julie Ingwersen

U.S. livestock: Nearby lean hog futures slide as slaughter rebounds

Jun. 3, 2020 at 6:03 pm CDT

By Julie Ingwersen

U.S. livestock: Live cattle sag as wholesale beef prices retreat

Jun. 2, 2020 at 6:46 pm CDT

By Julie Ingwersen

Klassen: Feeder market recovery continues

Jun. 2, 2020 at 12:52 am CDT

By Jerry Klassen

U.S. livestock: Cattle futures end lower ahead of weekend

May. 29, 2020 at 7:50 pm CDT

Chicago | Reuters — U.S. live cattle futures retreated on Friday in a profit-taking and technical selling setback ahead of the weekend amid weakening beef prices and concerns about lower-than-normal summer demand as much of the economy remains partially closed. Lean hog futures clawed back earlier losses to end mostly […]

By Karl Plume

U.S. livestock: Lean hogs lower on China tensions

May. 28, 2020 at 5:17 pm CDT

Chicago | Reuters — U.S. lean hog futures dropped by as much as the daily trading limit on Thursday on worries that rising tensions between Washington and Beijing could limit U.S. pork purchases by China, the world’s largest pork consumer. Sino-U.S. relations have worsened as the White House has threatened […]

By Karl Plume

Klassen: Feeder cattle markets reflect mixed tone

May. 27, 2020 at 7:58 pm CDT

Compared to the previous week, western Canadian yearling prices were $2-$4 higher on average while calves traded unchanged to as much as $8 lower. Larger feedlot operations were actively bidding for 800-plus-lb. feeders across the Prairies due to the limited supply. Lower volumes were available this past week which was […]

By Jerry Klassen

U.S. livestock: Cattle rise on economic optimism, discount to cash prices

May. 27, 2020 at 7:19 pm CDT

Chicago | Reuters — U.S. cattle futures rallied for a second straight day on Wednesday as easing coronavirus restrictions around the country bolstered optimism about the outlook for the economy and beef demand. U.S. stocks rose, with the S+P 500 closing above 3,000 for the first time since March 5, […]

By Karl Plume

U.S. livestock: Cattle, hog futures follow equities higher

May. 26, 2020 at 5:13 pm CDT

Chicago | Reuters — U.S. cattle and hog futures rallied on Tuesday in tandem with rising stock markets as optimism about developing coronavirus vaccines and the revival of business activity buoyed livestock markets battered by the coronavirus pandemic. Supportive cattle and meat supply data from the U.S. Department of Agriculture […]

By Karl Plume