Insights and Stories on Feeder Cattle

U.S. livestock: Bargain-buying lifts CME lean hogs

Sep. 15, 2016 at 3:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Thursday settled moderately higher on bargain buying after supply worries sank futures to a 10-month low for a second day in a row, traders said. October closed up 0.225 cent/lb. to 55.15 cents, and December ended 0.35 cent higher at […]

U.S. livestock: Hefty supplies push CME lean hogs to 10-month low

Sep. 14, 2016 at 3:33 pm CDT

By Theopolis Waters

U.S. livestock: Supplies drop CME lean hogs third straight session

Sep. 13, 2016 at 3:55 pm CDT

By Theopolis Waters

Klassen: Feeder market drops on fed cattle weakness

Sep. 12, 2016 at 9:53 pm CDT

By Jerry Klassen

U.S. livestock: CME live cattle gain again, hogs drift lower

Sep. 12, 2016 at 4:06 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle snap back on short-covering

Sep. 9, 2016 at 5:33 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday shrugged off Thursday’s losses, with October up the three-cents/lb. daily price limit on short-covering and technical buying, traders said. October live cattle ended limit up at 104.4 cents/lb. after breaking through the 10-day moving average of 103.89 cents […]

By Theopolis Waters

U.S. livestock: CME live cattle stumble on weaker cash, beef quotes

Sep. 8, 2016 at 7:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower on Thursday in response to the day’s fallen cash and wholesale beef prices, traders said. October live cattle ended 1.025 cents/lb. lower at 101.4 cents, and December 1.6 cents lower at 102.6 cents (all figures US$). Thursday afternoon’s […]

By Theopolis Waters

U.S. livestock: Bargain buying rallies CME live cattle, hogs

Sep. 7, 2016 at 3:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday posted their biggest daily gain in a month, fueled by short-covering and bargain buying after recent market losses, traders said. October live cattle ended 2.4 cents/lb. higher at 102.425 cents, and December up 2.275 cents at 104.2 cents […]

By Theopolis Waters

U.S. livestock: Live cattle losses deepen on supply woes, weak beef prices

Sep. 6, 2016 at 5:57 pm CDT

Chicago | Reuters — U.S. live cattle futures declined more than two per cent on Tuesday, nearing their lowest levels in six years on pressure from big supplies of cattle and beef and lower wholesale meat prices, traders said. Cattle broke below the psychological threshold of 100 cents/lb. for the […]

By Michael Hirtzer

Klassen: Feeder market softens

Sep. 6, 2016 at 8:13 am CDT

Hope deferred makes the heart sick, goes the old proverb, and there is no greater example than in the cattle complex. Placid feedlot operators watched in dismay as fed cattle sold in the range of $133-$135 this past week, down approximately $6 from week-ago levels and $10 below breakeven pen […]

By Jerry Klassen