Insights and Stories on Feeder Cattle

U.S. livestock: Beef quotes send CME live cattle higher

Jan. 23, 2018 at 4:51 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained after triggering buy stops, spurred by the morning’s wholesale beef price rebound, traders said. Firmer wholesale beef values stirred bull spreads, in which traders bought February futures and simultaneously sold deferred months. February live cattle finished 1.175 […]

Klassen: Feeder market continues to soften

Jan. 22, 2018 at 7:47 pm CST

By Jerry Klassen

U.S. livestock: Weather, cash prices rally CME live cattle

Jan. 22, 2018 at 4:33 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle futures sag

Jan. 19, 2018 at 6:23 pm CST

By Julie Ingwersen

U.S. livestock: CME live cattle extend climb to five sessions

Jan. 18, 2018 at 5:23 pm CST

By Julie Ingwersen

U.S. livestock: CME live cattle jump on short-covering

Jan. 17, 2018 at 6:36 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures surged on Wednesday on technical buying and short-covering, spurred in part by higher-than-expected prices at a weekly cattle sale, traders said. Animals at Wednesday’s Fed Cattle Exchange brought $119.75/cwt, up from $119 a week earlier (all figures US$). “I guess people […]

By Julie Ingwersen

U.S. livestock: CME nearby hogs hit contract high

Jan. 16, 2018 at 6:41 pm CST

Chicago | Reuters — Chicago Mercantile Exchange February lean hog futures rose nearly three per cent on Tuesday and set a contract high, buoyed by firmer cash hog prices and spreading against cattle futures, traders said. Wholesale pork fetched $80.71/cwt, down 38 cents from Monday (all figures US$). But lean […]

By Julie Ingwersen

Klassen: Feeder market lacks demand in new tax year

Jan. 15, 2018 at 9:32 pm CST

Compared to last week, western Canadian feeder cattle traded $8-$10 lower while U.S. prices were also down $5-$10 from week-ago levels. The feeder market appeared to short-circuit after I thought the market was charged to move higher in last week’s report. Feedlot operators and cattle feeders saturated their demand prior […]

By Jerry Klassen

U.S. livestock: Hogs turn up on short-covering, bargain buying

Jan. 12, 2018 at 6:58 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Friday after short covering and bargain buying pared some of the market’s recent losses tied to fears about NAFTA negotiations, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement, following Canadian […]

By Theopolis Waters

U.S. livestock: Fund selloff, NAFTA concerns extend hog losses

Jan. 11, 2018 at 5:47 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower for a second straight day on Thursday, pressured by fund liquidation and jitters about NAFTA talks, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement (NAFTA) if the U.S. exits trade talks […]

By Theopolis Waters