Insights and Stories on Feeder Cattle

Feb. 7, 2024 at 5:28 pm CST

Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.

By P.J. Huffstutter, Reuters

Feb. 6, 2024 at 9:17 am CST

For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.

By Jerry Klassen

Feb. 5, 2024 at 5:05 pm CST

Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.

By P.J. Huffstutter, Reuters

Jan. 30, 2024 at 9:18 am CST

Western Canadian feeder cattle prices for 800-pound plus cattle were $2/cwt to $4/cwt higher on average for the week ending January 27. Feeders in the 500-800-pound category were up $3/cwt to $6/cwt with higher quality groups up as much as $10/cwt in some cases. Feeders 500 pounds and lower were unchanged from seven days earlier.

By Jerry Klassen

Jan. 29, 2024 at 5:56 pm CST

CME April live cattle futures LCJ24 settled down 0.450 cent at 181.225 cents per pound, retreating after rising to 183.450 cents, the contract's highest point since Nov. 7. Last week's firm cash cattle prices and technical buying underpinned the market, traders said.

By Julie Ingwersen, Reuters