Insights and Stories on Feeder Cattle

U.S. livestock: Consolidation lifts CME live cattle ahead of USDA report

Dec. 21, 2017 at 5:11 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Thursday closed higher, after consolidation and short-covering ahead of Friday’s U.S. government cattle report helped the market recoup some recent losses, traders said. Analysts, on average, expect the U.S. Department of Agriculture (USDA) monthly Cattle on Feed report at […]

U.S. livestock: Supply worries knock down CME feeder cattle

Dec. 20, 2017 at 5:15 pm CST

By Theopolis Waters

U.S. livestock: Softer cash prices weaken CME hogs

Dec. 19, 2017 at 4:55 pm CST

By Theopolis Waters

Klassen: Stronger fed cattle market underpins feeder complex

Dec. 18, 2017 at 9:37 pm CST

By Jerry Klassen

U.S. livestock: Supply, demand worries pull hogs from four-month high

Dec. 18, 2017 at 5:25 pm CST

By Theopolis Waters

U.S. livestock: Cash prices fuel higher CME live cattle futures

Dec. 15, 2017 at 5:01 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed up 2.3 per cent, their biggest one-day gain in over a month, after packers paid more for livestock than expected, said traders. Buy stops, short-covering and fund buying accelerated futures advances, they said. December live cattle finished […]

By Theopolis Waters

U.S. livestock: CME live cattle rebound

Dec. 14, 2017 at 3:09 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday after short-covering and fund buying pared Wednesday’s losses, said traders. Expectations for steady to weaker prices for slaughter-ready, or cash, cattle by Friday pulled futures from morning highs, they said. December live cattle finished up 0.625 […]

By Theopolis Waters

U.S. livestock: CME live cattle give back some Tuesday gains

Dec. 13, 2017 at 6:38 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Wednesday after softer wholesale beef demand and this week’s expectations for steady-to-lower cash prices erased some of Tuesday’s rally, said traders. Technical selling further weighed on CME’s live cattle market, they said. December live cattle finished down […]

By Theopolis Waters

U.S. livestock: CME live cattle halt eight-session skid

Dec. 12, 2017 at 4:29 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Tuesday for the first session in the past nine, aided by short-covering and fund-buying, traders said. “I think that the major reason for the rally is the extreme oversold condition of the cattle futures,” said Joe Ocrant, […]

By Theopolis Waters

Klassen: Feeder cattle market falters

Dec. 12, 2017 at 3:33 pm CST

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, which were also down $3-$5 from week-ago levels; however, minimal slippage was noted in eastern Saskatchewan and Manitoba. Weakness in […]

By Jerry Klassen