Insights and Stories on Feeder Cattle

U.S. livestock: Cattle limit up on beef demand, strong packer margins

Mar. 24, 2020 at 6:29 pm CDT

Chicago | Reuters — U.S. live cattle futures settled up their expanded daily limit on Tuesday as traders continued to react to soaring profit margins for beef packers that should lift prices in the cash cattle market this week. Retail demand for meat has surged as fears of the COVID-19 […]

Klassen: Feeder market remains vulnerable

Mar. 24, 2020 at 10:37 am CDT

By Jerry Klassen

U.S. livestock: Cattle futures limit up as beef prices surge

Mar. 23, 2020 at 8:25 pm CDT

By Julie Ingwersen

U.S. livestock: Hog, cattle futures rise on cash market strength

Mar. 20, 2020 at 7:08 pm CDT

By Mark Weinraub

U.S. livestock: Cattle, hogs rebound with grocery demand in focus

Mar. 19, 2020 at 7:44 pm CDT

By Mark Weinraub

U.S. livestock: Cattle, hogs fall on demand uncertainty

Mar. 18, 2020 at 5:43 pm CDT

Chicago | Reuters — U.S. livestock futures fell on Wednesday, pressured by sharp declines in the equities markets and uncertainty about demand due to the COVID-19 coronavirus pandemic. The cattle and hog markets surged on Tuesday because of strength in the cash market after consumers cleared out grocery store shelves […]

By Mark Weinraub

U.S. livestock: Cattle, hogs rally after grocery stores depleted

Mar. 17, 2020 at 4:24 pm CDT

Chicago | Reuters — U.S. cattle and hog futures surged on Tuesday, fueled by strength in the cash market as the grocery sector looked to restock shelves following heavy buying during the weekend. Bargain buying also helped support the livestock market. Both live cattle and feeder cattle futures were recovering […]

By Mark Weinraub

Klassen: Feeder market digesting lower beef demand

Mar. 17, 2020 at 10:57 am CDT

Compared to last week, western Canadian yearling prices were down $12-$18; mid-weight calves were down $10 to as much as $15 while calves under 550 lbs. were down $4-$8. The market is incorporating a risk discount due to uncertainty in beef demand for the second and third quarters of 2020. […]

By Jerry Klassen

U.S. livestock: Cattle futures hit 10-year lows

Mar. 16, 2020 at 3:55 pm CDT

Chicago | Reuters — U.S. cattle futures plunged on Monday to their lowest in nearly a decade, with traders citing uncertainty about what the coronavirus pandemic will mean for long-term demand. Hog futures also were sharply lower, sinking to their lowest since October 2018. All fed cattle contracts and most […]

By Mark Weinraub

U.S. livestock: Lean hogs, cattle limit down on coronavirus fears

Mar. 13, 2020 at 6:14 pm CDT

Chicago | Reuters — U.S. lean hog futures fell their expanded daily limit on Friday on fears that the coronavirus pandemic could curb consumer demand for meat and threaten the workforce at slaughterhouses, traders said. “The germophobia is in full force,” said Don Roose, president of Iowa-based U.S. Commodities. Traders […]

By Julie Ingwersen