Insights and Stories on Feeder Cattle

U.S. livestock: Short-covering, bargain buying boost CME hogs

Aug. 30, 2017 at 5:33 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday after bargain buyers and investors covering short positions reversed Tuesday’s slide to an 8-1/2 month low, traders said. Prior to Wednesday’s session CME hogs had a relative strength index (RSI) reading of 17. An RSI below […]

Klassen: Feeder market softens on trade comments

Aug. 29, 2017 at 4:20 am CDT

By Jerry Klassen

U.S. livestock: Supplies drag CME hogs to eight-month low

Aug. 28, 2017 at 8:07 pm CDT

By Theopolis Waters

U.S. livestock: Live cattle gain before USDA report, but off highs

Aug. 25, 2017 at 3:40 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle snap back from nine-month low

Aug. 24, 2017 at 3:14 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle resume trek to nine-month low

Aug. 23, 2017 at 3:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday hit a nine-month low for the fourth time in the past five sessions, led by seasonally soft wholesale beef demand and lower initial cash prices, said traders. Fund liquidation contributed to declines after deferred contracts slipped below key […]

By Theopolis Waters

U.S. livestock: CME live cattle break four-session losing skid

Aug. 22, 2017 at 5:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday settled higher for the first time in five sessions, spurred by short-covering and bargain buying, said traders. Some contracts punched through key technical resistance barriers, which triggered fund buying and pre-established buy orders. August ended 0.725 cent/lb. higher […]

By Theopolis Waters

Klassen: Yearlings define feeder market

Aug. 21, 2017 at 11:19 pm CDT

Western Canadian feeder cattle markets became more established this past week as early yearling sales captivated major feedlot operators. Prices were relatively unchanged from week-ago levels; however, larger volumes confirmed the price structure. Higher-quality lower-flesh cattle were featured weighing 850 to 1,050 lbs. at most sales. Feedlots have plenty of […]

By Jerry Klassen

U.S. livestock: Live cattle at nine-month low for third straight session

Aug. 21, 2017 at 4:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased to their lowest level in nine months on Monday as the seasonal supply build-up pressured wholesale beef prices for a third consecutive session, traders said. They said bullish traders worried that plentiful cattle numbers might again result in lower […]

By Theopolis Waters

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 […]

By Theopolis Waters