Insights and Stories on Feeder Cattle

Apr. 13, 2016 at 6:30 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday settled in bearish territory for a third consecutive session, hit by more fund liquidation after contracts drifted below technical support levels, traders said. April live cattle ended 1.35 cents/lb. lower at 132.175 cents, and June closed 1.125 cents […]

By Theopolis Waters

Apr. 12, 2016 at 6:49 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended Monday’s losses into Tuesday on more profit-taking and technical selling, traders said. April live cattle ended 0.55 cent/lb. lower at 133.525 cents, and beneath the 100-day moving average of 133.68 cents (all figures US$). June closed 0.375 cent lower […]

By Theopolis Waters

Apr. 12, 2016 at 3:01 am CDT

Compared to last week, Canadian feeder cattle prices were steady to $5 lower across the Prairies while lighter-weight categories suffered a week-over-week decline of $4 to $6. Feedlots were a bit more aggressive on yearlings as quality backgrounded cattle are starting to dwindle at this time of year. A larger […]

By Jerry Klassen

Apr. 11, 2016 at 6:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled lower on Monday after profit-taking ended futures’ three-day win streak, traders said. Fund selling surfaced after June and August slipped beneath their respective 10-day moving averages of 123.15 and 119.06 cents, which also tripped sell stops (all figures US$). […]

By Theopolis Waters

Apr. 8, 2016 at 4:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose for a third day in a row on Friday, fuelled by short-covering and fund buying after contracts broke through technical resistance, traders said. April live cattle ended up 1.95 cent/lb. at 134.375 cents, and June closed 1.8 cent higher […]

By Theopolis Waters