Insights and Stories on Feeder Cattle

Mar. 28, 2017 at 8:19 am CDT

Western Canadian feeder cattle prices traded $3-$5 above week-ago levels with lighter weight categories selling $6 to $8 higher. Alberta packers were buying fed cattle in the range of $286 to $288 on a dressed basis, up from $278 last week. This equates to $172-$174 on a live basis, a […]

By Jerry Klassen

Mar. 27, 2017 at 5:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures’ selloff last Friday carried over into Monday, led by fund liquidation and weaker cash prices, traders said. April hogs ended 1.625 cents/lb. lower at 65.65 cents, and below the 100-day moving average of 66.744 cents. May finished 1.9 cents lower […]

By Theopolis Waters

Mar. 24, 2017 at 5:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Friday suffered their biggest one-day loss in a month, with pressure from liquidation by funds that were largely responsible for Thursday’s market rally, said traders. April hogs ended 2.075 cents/lb. lower at 67.275 cents, and May 1.725 cents lower […]

By Theopolis Waters

Mar. 23, 2017 at 3:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished higher on Thursday, after short-covering and bargain buying brought contracts from morning lows, traders said. “Hogs (futures) were simply too cheap. The price had gotten to the point where (investors) had wrung out any sort of spring seasonal rally,” […]

By Theopolis Waters

Mar. 22, 2017 at 6:52 pm CDT

Chicago | Reuters –– U.S. live cattle futures surged to the highest levels in 14 months on Wednesday, lifted by investment fund buying and steep gains at a weekly online cash cattle auction, traders and analysts said. Chicago Mercantile Exchange feeder cattle rose by as much as three per cent […]

By Michael Hirtzer