Insights and Stories on Feeder Cattle

U.S. livestock: Hogs at two-month high on packer demand

Oct. 16, 2017 at 6:36 pm CDT

Chicago | Reuters — U.S. lean hog futures rose to a two-month high on Monday as cash prices extended their climb on strong demand from the expanded pork processing sector, traders and analysts said. Two new hog slaughterhouses that opened about a month ago in Iowa and Michigan have boosted […]

U.S. livestock: CME live cattle mostly weaker on consolidation

Oct. 13, 2017 at 5:18 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle slump, cash prices disappoint

Oct. 12, 2017 at 6:40 pm CDT

By Theopolis Waters

U.S. livestock: Hogs rise on stronger cash markets

Oct. 11, 2017 at 6:44 pm CDT

By Michael Hirtzer

U.S. livestock: Cattle, hogs jump on spreading, packer demand

Oct. 10, 2017 at 5:58 pm CDT

By Michael Hirtzer

Klassen: Friendly beef price outlook supports feeder market

Oct. 10, 2017 at 8:52 am CDT

Compared to last week, yearling prices were $2 to as much as $5 higher, while calf markets traded $3-$7 above week-ago levels. The yearling run is coming to a close and feedlots scrambled to secure yearling ownership. Across Alberta, feature lots of high-quality 900-lb. steers were trading around $190 and […]

By Jerry Klassen

U.S. livestock: Hog futures plunge on spreading, cash markets

Oct. 6, 2017 at 5:17 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures tumbled by about three per cent on Friday, weighed down by spreading and abundant supplies that pressured cash markets, traders said. Front-month October and most-active December hogs bore the brunt on the selling, while deferred hog contracts were only narrowly […]

By Michael Hirtzer

U.S. livestock: Most CME live cattle futures gain on spreads

Oct. 4, 2017 at 6:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle gained modestly on Wednesday during a trading strategy known as bear spreading in which investors sold October futures and simultaneously bought deferred months. Some market participants used the spreads to avoid possible deliveries on Monday evening against the October contract. Profit-taking […]

By Theopolis Waters

U.S. livestock: Cash, pork prices send CME hogs higher

Oct. 3, 2017 at 4:28 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a second day in a row on Tuesday, strengthened by upward-trending prices for market-ready, or cash, hogs and the morning’s firmer wholesale pork values, said traders. They said October futures led advances after investors actively bought that contract […]

By Theopolis Waters

Klassen: Feeder market holds values through volatility

Oct. 2, 2017 at 8:57 pm CDT

Buyers kept a respectful distance from the market early in the week. Western Canadian feeder cattle markets were lackadaisical due to the bearish sentiment of the U.S. Department of Agriculture’s Cattle on Feed report. However, by Friday, all weight categories were trading steady with week-ago levels. Feedlot operators were bent […]

By Jerry Klassen