Insights and Stories on Feeder Cattle

Sep. 2, 2016 at 6:51 pm CDT

Chicago | Reuters — U.S. live cattle futures fell to five-year lows on Friday, capping their worst weekly performance so far of 2016 in a technical selloff linked to bigger cattle supplies and lower wholesale beef prices, traders said. Lean hogs also tumbled, declining by as much as 4.8 per […]

By Michael Hirtzer

Sep. 1, 2016 at 6:03 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Thursday to their lowest level in five years following this week’s weaker cash prices on anticipation of increased supplies over the next few months, traders said. October live cattle ended down by the three cents/lb. daily price limit, […]

By Theopolis Waters

Aug. 31, 2016 at 7:28 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended lower on Wednesday following softer wholesale beef values and this week’s disappointing cash prices, traders said. The thinly traded August live cattle contract, which expired at noon CT, closed up 0.45 cent/lb. at 111.95 cents (all figures US$). Most […]

By Theopolis Waters

Aug. 30, 2016 at 7:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts on Tuesday closed in positive territory for the first time in 12 sessions, helped by short-covering and futures’ discounts to early-week cash prices, traders said. August live cattle, which will expire on Wednesday, closed up 0.75 cent/lb. to 111.5 cents […]

By Theopolis Waters

Aug. 30, 2016 at 3:49 am CDT

Comments from the country this week suggested the market was slightly firmer than week-ago levels. However, market reports stated prices were relatively unchanged and actually softened late in the week. The old saying that even a priest lies about his car’s gas mileage applies to overly optimistic cattlemen trying to […]

By Jerry Klassen