Insights and Stories on Feeder Cattle

U.S. livestock: Live cattle again sink to nine-month bottom, but off lows

Aug. 18, 2017 at 4:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures pared losses on Friday after falling to their lowest level in nine months, led by this week’s steep cash price drop and seasonally downward-trending wholesale beef values, said traders. Bargain buying and traders covering their short positions lifted contracts from […]

U.S. livestock: CME live cattle hit nine-month low

Aug. 17, 2017 at 6:34 pm CDT

By Theopolis Waters

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

Aug. 16, 2017 at 3:23 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle rebound after bargain hunters step in

Aug. 15, 2017 at 4:46 pm CDT

By Theopolis Waters

Klassen: Strong demand surfacing for feeder cattle

Aug. 15, 2017 at 1:38 am CDT

By Jerry Klassen

U.S. livestock: CME live cattle retreat on softer cash price outlook

Aug. 14, 2017 at 3:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday on expectations for lower prices for slaughter-ready, or cash, cattle this week amid ample supplies, traders said. The decline triggered pre-determined sell orders, and funds sold the October contract after it slipped beneath its 200-day moving average […]

By Theopolis Waters

U.S. livestock: Bargain buying pares some live cattle losses

Aug. 11, 2017 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange contracts on Friday landed in positive territory for the first time in five sessions, helped by short-covering and bargain buying, said traders. “We’ve had a big down week. I think this a kind of dead cat technical bounce (temporary recovery) ahead of the […]

By Theopolis Waters

Klassen: Feeder market anticipates higher feed grain prices

Aug. 8, 2017 at 9:14 am CDT

Compared to last week, Western Canadian yearling prices were steady to $5 higher. Across the prairies, strong demand was noted on limited offerings. Most auction barns are gearing up for major sales over the next couple weeks; however, it appears that a few ranchers were testing the waters and the […]

By Jerry Klassen

Klassen: Calm feeder market prior to fall run

Aug. 1, 2017 at 9:39 am CDT

Western Canadian feeder cattle markets were hard to define over the past week given the limited numbers on offer. Most sale barns remain in holiday mode and the few cattle coming on the market were of various quality. Lighter weight feeders were trading $3 to as much as $10 lower […]

By Jerry Klassen

Klassen: Feeder market firm despite outside influences

Jul. 25, 2017 at 9:31 am CDT

Western Canadian feeder cattle markets were unchanged from week-ago levels despite the strengthening Canadian dollar, stronger feed grain values and weaker fed cattle prices. Feedlot operators are wondering if this is a mockery, a delusion or a snare. Shorter term replacements are hard to come by and haven’t softened a […]

By Jerry Klassen