Insights and Stories on Feeder Cattle

Mar. 15, 2017 at 5:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose about one per cent on Wednesday, rebounding from declines in the previous session on the back of higher cash cattle trades in the southern U.S. Plains, traders and analysts said. Beef packers paid higher values for cattle to take […]

By Michael Hirtzer

Mar. 14, 2017 at 5:57 pm CDT

Chicago | Reuters — U.S. cattle futures declined on Tuesday, with live cattle easing one per cent as traders locked in profits following recent steep gains and amid uncertainty over how cash markets would develop this week, traders and analysts said. Lean hog futures climbed to a three-week high at […]

By Michael Hirtzer

Mar. 14, 2017 at 4:44 am CDT

Western Canadian feeder cattle jumped $3-$5 on average last week, with 800-plus-lb. yearlings trading as much as $8 higher. Historically high finishing margins finally resonated with feedlot operators and a precarious attitude from recent weeks was thrown by the wayside. Order buyers were inundated with interest as bids were relatively […]

By Jerry Klassen

Mar. 13, 2017 at 5:54 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle on Monday rose for a fourth consecutive session, with strength from buy stops and futures’ discounts to last week’s cash prices, said traders. They said profit-taking and caution ahead of this week’s cash returns pulled contracts from session highs. Monday was […]

By Theopolis Waters

Mar. 10, 2017 at 5:42 pm CST

Chicago | Reuters — U.S. cattle futures rose about one per cent on Friday, with feeder cattle extending gains to the third straight session as wholesale beef prices rose and corn prices fell. Higher prices for meat and lower prices for animal feed boost profits in the cattle sector. Greening […]

By Michael Hirtzer