Insights and Stories on Feeder Cattle

Apr. 1, 2016 at 4:29 pm CDT

Chicago | Reuters — U.S. lean hogs tumbled to the lowest in 10 weeks on Friday as pork price declines triggered selling by technical traders and investment funds, traders and analysts said. Hogs fell more than one per cent at the Chicago Mercantile Exchange, led by losses in deferred contracts […]

By Michael Hirtzer

Mar. 31, 2016 at 3:26 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Thursday settled up their 4.5-cents/lb. maximum daily price limit, spurred by the morning’s bearish government grain report, traders said. U.S. farmers intend to plant 93.6 million acres of corn and 82.2 million acres of soybeans in 2016, the U.S. […]

By Theopolis Waters

Mar. 30, 2016 at 4:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell sharply on Wednesday, rattled by technical selling on the eve of the last trading day for the quarter, traders said. April live cattle ended 2.5 cents/lb. lower at 132.35 cents, and June closed 2.45 cents lower at 123.075 (all […]

By Theopolis Waters

Mar. 29, 2016 at 4:39 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a second straight day on Tuesday in a quiet session, with help from short-covering and technical buying, traders said. April closed up 0.325 cent/lb., to 70.25 cents (all figures US$). May ended 0.575 cent higher at 78.85 cents […]

By Theopolis Waters

Mar. 29, 2016 at 10:34 am CDT

The “one-week wonder” from seven to 10 days ago appears to have evaporated; a softer sentiment blanketed Western Canada this week, with feeder markets dropping $4 to $6 on average. A significant slide in live cattle futures, along with softer cash prices, caused feedlots to move into a risk-averse mentality. […]

By Jerry Klassen