Insights and Stories on Feeder Cattle

Dec. 28, 2017 at 5:44 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday reached a seven-week high, propelled by expectations for steady-to-higher cash prices by week’s end, said traders. Thursday’s wholesale beef price upswing, short-covering and year-end positioning furthered market advances, they said. December live cattle, which will expire on Friday, closed […]

By Theopolis Waters

Dec. 27, 2017 at 4:17 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday slid from a 10-month high, weakened by profit-taking and less money paid by packers for slaughter-ready, or cash, hogs, said analysts. February closed 0.5 cent lower at 71.025 cents (all figures US$). April ended down 0.1 cent, at 75.275 […]

By Theopolis Waters

Dec. 27, 2017 at 2:28 pm CST

Compared to last week, western Canadian feeder cattle markets traded $2 to as much as $6 higher. Moderate to stronger buying interest was noted across the Prairies. Once again, feedlot operators were fairly aggressive on quality yearling packages; semi-weaned and weaned calves were a solid $3-$5 higher while unweaned lighter […]

By Jerry Klassen

Dec. 26, 2017 at 7:26 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Tuesday, driven by strong wholesale beef values that generated cash price optimism for this week, said traders. Investors bought deferred months and simultaneously sold December futures before its Dec. 29 expiration. Fund buying contributed to market advances. […]

By Theopolis Waters

Dec. 22, 2017 at 3:48 pm CST

Chicago | Reuters — The bulk of Chicago Mercantile Exchange live cattle contracts closed lower on Friday, pressured by the morning’s bearish U.S. Department of Agriculture (USDA) monthly Cattle on Feed report, said traders. USDA’s data showed more cattle than expected entered feedlots in November than a year ago, which […]

By Theopolis Waters