Insights and Stories on Feeder Cattle

U.S. livestock: Hogs tumble on pork price declines

Feb. 22, 2017 at 4:50 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell 3.8 per cent for their biggest daily loss in about a month on Wednesday, pulled down by investment fund selling tied to lower cash hog and wholesale pork prices, traders said. Live cattle futures rose, extending gains to the […]

U.S. livestock: Cattle hit four-week high on beef gains

Feb. 21, 2017 at 5:02 pm CST

By Michael Hirtzer

Klassen: Feeder cattle drop on cautious feedlot demand

Feb. 20, 2017 at 9:33 pm CST

By Jerry Klassen

U.S. livestock: CME live cattle rebound on cash, beef prices

Feb. 17, 2017 at 3:06 pm CST

By Theopolis Waters

U.S. livestock: Cash price unease pressures CME live cattle

Feb. 16, 2017 at 4:41 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle, hogs slump on profit-taking

Feb. 15, 2017 at 4:44 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday bowed to profit-taking, prompted by softer wholesale beef values and uncertainty about cash prices this week, traders said. Technical selling contributed to market losses, they noted. February live cattle closed 0.6 cent/lb. lower at 116.775 cents, and below […]

By Theopolis Waters

Klassen: Tenacious feeder market softens on supply forecasts

Feb. 14, 2017 at 4:22 pm CST

Western Canadian feeder cattle prices traded steady to as much as $5 lower over the past week. Early in the week, buyers incorporated a risk discount due to the extremely cold temperatures, especially in the Eastern prairie regions. By Thursday, markets were factoring in the larger beef supply forecasts from […]

By Jerry Klassen

U.S. livestock: Firmer beef quote rallies CME live cattle

Feb. 14, 2017 at 4:03 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted strong gains on Tuesday, reversing Monday’s selloff, fueled by short-covering and wholesale beef price rebound, said traders. Technical buying ensued after investors bought the February contract and simultaneously sold deferred months in a trading strategy known as bull spreads. […]

By Theopolis Waters

U.S. livestock: CME live cattle brace for possible weak cash prices

Feb. 13, 2017 at 7:49 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures sagged on Monday in advance of potentially lower cash prices this week as packers attempt to recover lost profits, said traders. February live cattle closed down 0.475 cent/lb. at 115.925 cents, and April was 0.625 cent lower at 112.525 cents […]

By Theopolis Waters

U.S. livestock: Fund liquidation undercuts CME live cattle

Feb. 10, 2017 at 3:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, hit by sell stops and fund selling after drifting below technical support levels, said traders. February live cattle closed 1.25 cents/lb. lower at 116.4 cents, and April 1.675 cents lower at 113.15 cents (all figures US$). […]

By Theopolis Waters