Insights and Stories on Feeder Cattle

U.S. livestock: Technical buying rallies CME live cattle

Jun. 21, 2016 at 7:16 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday reversed some of Monday’s losses, aided by short-covering and technical buying, traders said. Prior to Tuesday’s session, CME live cattle showed a Relative Strength Index (RSI) of 28. A reading below 30 suggests a market is technically oversold […]

Klassen: Feeder market enters summer doldrums

Jun. 21, 2016 at 6:57 pm CDT

By Jerry Klassen

U.S. livestock: Live cattle fall to four-year low on beef prices

Jun. 20, 2016 at 5:06 pm CDT

By Michael Hirtzer

U.S. livestock: Feeder cattle hit three-year low on corn prices

Jun. 17, 2016 at 5:40 pm CDT

By Michael Hirtzer

U.S. livestock: Cattle ease on cash weakness, lean hogs gain

Jun. 16, 2016 at 6:12 pm CDT

By Michael Hirtzer

Klassen: Feeder cattle market holds value

Jun. 14, 2016 at 8:29 pm CDT

Western Canadian feeder cattle prices were steady to $5 higher over the past week on limited volumes. Stragglers from backgrounding operations and late-blooming calves set a reserved tone amongst buyers with large price variations at different regions of the Prairies. Feedlot margins are hovering around breakeven and there appears to […]

By Jerry Klassen

U.S. livestock: Most CME live cattle futures rise on short-covering

Jun. 14, 2016 at 3:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mostly higher on Tuesday, driven by short-covering after contracts settled down their three cents/lb. daily price limit on Monday, traders said. CME’s live cattle futures will return to the normal three-cent limit on Wednesday after failing to settle at […]

By Theopolis Waters

U.S. livestock: Cattle limit down on feed costs, demand worries

Jun. 13, 2016 at 8:05 pm CDT

Chicago | Reuters — U.S. live and feeder cattle futures each plummeted by their daily trading limits on Monday, declining in a technical selloff triggered in part by rising feed prices, traders and analysts said. Losses in feeder cattle of roughly three per cent outpaced declines in the more actively […]

By Michael Hirtzer

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

Jun. 10, 2016 at 5:10 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Friday, hit by fund selling and caution while awaiting market-ready, or cash, cattle prices by day’s end, said traders. June live cattle closed down 0.75 cent/lb. to 122.45 cents, after drifting below the 100-day moving average of […]

By Theopolis Waters

U.S. livestock: Cash price optimism underpins CME live cattle

Jun. 9, 2016 at 6:27 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed firmer on Thursday, helped by expectations that cash prices will hold steady or rise by Friday, said traders. June live cattle closed up 0.175 cent/lb. at 123.2 cents, and August rose 0.125 cent to 118.85 cents (all figures US$). […]

By Theopolis Waters