Insights and Stories on Feeder Cattle

Nov. 23, 2016 at 5:12 pm CST

Chicago | Reuters — U.S. lean hog futures gained one per cent on Wednesday while live and feeder cattle each rose modestly, boosted by technical buying and good demand from meat packers ahead of Thursday’s U.S. Thanksgiving Day holiday, traders said. Chicago Mercantile Exchange December lean hogs notched a two-month […]

By Michael Hirtzer

Nov. 22, 2016 at 6:44 pm CST

Chicago | Reuters — U.S. hog futures eased about one per cent on Tuesday as investors locked in profits after prices earlier climbed to the highest levels in more than two months, traders and analysts said. Chicago Mercantile Exchange live cattle futures were slightly higher and feeder cattle narrowly lower, […]

By Michael Hirtzer

Nov. 22, 2016 at 11:55 am CST

Average prices for steer and heifer calves jumped $8-$10 this past week with some buyers reporting values as much as $15 above week-ago levels. Feedlot operators could feel it in their bones earlier in November and there were no strings attached on orders flowing across the Prairies. Favourable weather reinforced […]

By Jerry Klassen

Nov. 18, 2016 at 2:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures nearby contracts posted modest gains on Friday as traders tweaked positions before the U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT. Most analysts, on average, believe fewer animals were put into feedlots in October than […]

By Theopolis Waters

Nov. 17, 2016 at 7:15 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a two-month high for a second straight day on Thursday, buoyed by this week’s stronger-than-anticipated cash prices, traders said. December live cattle closed up 0.025 cent/lb. to 108.225 cents, and February ended 0.3 cent higher at 108.8 cents (all […]

By Theopolis Waters