Insights and Stories on Feeder Cattle

Klassen: Positive fed outlook buoys feeder market

Jan. 30, 2024 at 9:18 am CST

Western Canadian feeder cattle prices for 800-pound plus cattle were $2/cwt to $4/cwt higher on average for the week ending January 27. Feeders in the 500-800-pound category were up $3/cwt to $6/cwt with higher quality groups up as much as $10/cwt in some cases. Feeders 500 pounds and lower were unchanged from seven days earlier.

U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak

Jan. 29, 2024 at 5:56 pm CST

By Julie Ingwersen Reuters

Klassen: Feeder market holds value despite negative margins

Jan. 23, 2024 at 11:32 am CST

By Jerry Klassen

U.S. livestock: Cattle, hogs sag as traders track US slaughtering

Jan. 19, 2024 at 5:06 pm CST

By Reuters Tom Polansek

U.S. livestock: Follow-through buying carries CME cattle to eight-week highs

Jan. 18, 2024 at 5:33 pm CST

By Reuters Tom Polansek

U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter

Jan. 17, 2024 at 5:03 pm CST

Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.

By Reuters Tom Polansek

Klassen: Yearling return to the lineup on strong demand

Jan. 16, 2024 at 9:33 am CST

The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.

By Jerry Klassen

U.S. livestock: live cattle, lean hogs fall amid weather, demand woes

Jan. 12, 2024 at 5:28 pm CST

Chicago Mercantile Exchange lean hog and live cattle futures were mostly down on Friday as concerns about winter weather and sluggish export demand had some investors shedding their positions.

By P.J. Huffstutter Reuters

U.S. livestock: Cattle futures rise as icy weather threatens US herds

Jan. 11, 2024 at 5:25 pm CST

Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.

By Reuters Tom Polansek

U.S. livestock: Live cattle dip in nearby contract; US beef plants reopen

Jan. 10, 2024 at 5:45 pm CST

Live cattle futures eased slightly in the front-month contract on Wednesday as U.S. slaughtering began to recover from disruptions due to extreme winter weather earlier this week.

By Reuters Tom Polansek