Insights and Stories on Feeder Cattle

Klassen: Feeder cattle market loses momentum

Oct. 24, 2017 at 6:55 pm CDT

Compared to last week, western Canadian yearling prices were unchanged while calves traded $3 lower to $3 higher. Feedlot operators pulled in the reins and realized the market may have overextended itself. Feeder cattle prices are now at levels where margins are negative in the deferred positions. Order buyers could […]

U.S. livestock: Cash price optimism buoys CME live cattle

Oct. 24, 2017 at 6:26 pm CDT

By Theopolis Waters

U.S. livestock: Profit-taking, cash prices drop CME hogs

Oct. 23, 2017 at 3:38 pm CDT

By Theopolis Waters

U.S. September cattle placements surge

Oct. 20, 2017 at 7:48 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rise before USDA report

Oct. 20, 2017 at 3:52 pm CDT

By Theopolis Waters

U.S. livestock: CME hogs hit two-month high

Oct. 19, 2017 at 6:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday, hitting their highest level in two months led by steadily climbing prices for market-ready, or cash, hogs as packers competed for supplies, said traders. December hogs finished 0.5 cent/lb. higher at 64.250 cents, and February ended 0.475 […]

By Theopolis Waters

U.S. livestock: Strong cash prices lift CME hogs

Oct. 18, 2017 at 6:58 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday shrugged off some of Tuesday’s declines, helped by short-covering and rising prices for slaughter-ready, or cash, hogs, said traders. December futures led advances after investors bought that contract and simultaneously sold deferred months in a trading strategy known as […]

By Theopolis Waters

U.S. livestock: Hog futures tumble in reversal on technical selloff

Oct. 17, 2017 at 5:22 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell about two per cent in a technical selloff on Tuesday, easing from an earlier two-month high in a reversal that could portend further declines, traders and analysts said. Live cattle and feeder cattle futures each dropped to the lowest […]

By Michael Hirtzer

Klassen: Feeder cattle market surges

Oct. 17, 2017 at 2:30 pm CDT

Western Canadian feeder cattle markets experienced a precipitous bounce over the past week. Compared to seven days earlier, yearling traded $4-$6 higher; calf markets were trading $3 to as much as $10 above week-ago levels; prices for feather-light bawlers surged with 300- to 400-pounders touching the magical $300 level in […]

By Jerry Klassen

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 […]

By Michael Hirtzer