Insights and Stories on Feeder Cattle

May. 24, 2016 at 4:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped for a second straight session on Tuesday, pressured by follow-through selling and potentially softer cash prices later this week, traders said. June live cattle closed down 0.15 cent/lb. at 118 cents, and August ended 1.275 cents lower at 113.175 […]

By Theopolis Waters

May. 23, 2016 at 6:28 pm CDT

Chicago | Reuters — U.S. live cattle and feeder cattle futures tumbled by their respective daily price limits on Monday, declining two per cent or more in a selloff triggered by bearish U.S. Department of Agriculture data released after Friday’s session. Cattle gapped lower on their price charts at the […]

By Michael Hirtzer

May. 18, 2016 at 5:53 pm CDT

Chicago | Reuters –– U.S. lean hog futures fell sharply on Wednesday, led by declines in the front-month June contract on technical and fund selling that was linked to an expected slump in the cash hogs market, traders and analysts said. The June contract settled 1.525 cents lower at a […]

By Michael Hirtzer

May. 17, 2016 at 7:36 pm CDT

Western Canadian feeder cattle prices traded $5-$8 above week-ago levels with quality groups of steers selling for as much as $10 higher. Renewed optimism surfaced amongst feedlot operators as feeding margins appear to be moving above break-even pen closeout values. Auction markets that only had two or three major buyers […]

By Jerry Klassen

May. 17, 2016 at 6:05 pm CDT

Chicago | Reuters — U.S. live cattle futures edged higher on Tuesday, lifted by technical buying and short-covering tied to recent gains in wholesale beef prices, traders and analysts said. But cattle failed to surpass the one-month highs reached on Thursday, triggering concerns the rally that started at the end […]

By Michael Hirtzer