Insights and Stories on Feeder Cattle

Dec. 14, 2016 at 6:35 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts finished in bearish territory on Wednesday, weakened by profit-taking and disappointing early-week cash prices, traders said. December live cattle closed down 0.025 cent/lb. to 111.1 cents, and February down 0.275 cent to 113.7 cents (all figures US$). Cattle at Wednesday […]

Dec. 13, 2016 at 6:57 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained for a second day in a row on fund buying and higher wholesale beef prices, traders said. December live cattle closed up 0.775 cent/lb. to 111.125 cents (all figures US$). February ended 1.025 cents higher at 113.975 […]

By Theopolis Waters

Dec. 13, 2016 at 3:24 am CST

Western Canadian feeder cattle prices traded steady to $3 lower compared to seven days earlier. The market tends to soften during the first major snowstorm each year, but the established risk discount was not as severe as in past years. Notwithstanding the cold temperatures and adverse weather conditions, feedlot operators […]

By Jerry Klassen

Dec. 12, 2016 at 4:43 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Monday, partly in anticipation of bone-chilling temperatures in the U.S. Plains and Midwest by week’s end, said traders. Extreme cold typically slows down weight gain in cattle, making them less available to packers. Also grocers tend to […]

By Theopolis Waters

Dec. 9, 2016 at 6:00 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures hit a three-month high on Friday, with help from buy stops and technical buying, traders said. December futures led advances after investors bought the contract and simultaneously sold deferred months. December hogs, which will expire on Wednesday, closed 1.05 cents/lb. […]

By Theopolis Waters