Insights and Stories on Feeder Cattle

Klassen: Feeder cattle mixed across the Prairies

Mar. 21, 2016 at 9:08 pm CDT

Market sentiment can be extremely variable and this week, we saw a large divergence in the price structure across the Prairies. Alberta feeder cattle prices were generally $3 to $6 higher and in some cases as much as $10 above week-ago levels. Buying interest appeared to fade moving east, with […]

U.S. livestock: CME hogs see biggest one-day loss in three months

Mar. 21, 2016 at 4:03 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle slump before USDA report

Mar. 18, 2016 at 4:15 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle ease ahead of cash prices, USDA report

Mar. 17, 2016 at 3:42 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle end firm, but off recent peak

Mar. 16, 2016 at 2:46 pm CDT

By Theopolis Waters

U.S. livestock: Surging beef prices push CME live cattle higher

Mar. 15, 2016 at 4:59 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday, driven by a recent surge in wholesale beef prices that stirred optimism for cash prices later this week, traders said. April futures ended 1.425 cents/lb. higher at 140.725 (all figures US$). June closed up 1.5 cents/lb. […]

By Theopolis Waters

Klassen: Feeder market adjusting to various factors

Mar. 14, 2016 at 11:00 pm CDT

Western Canadian feeder markets experienced a mixed volatile tone over the past week. Replacement cattle over 800 lbs. were $3 lower to $8 higher on average, while lighter weight categories traded $10 lower to $10 higher in comparison to week-ago levels. Larger volumes of backgrounded yearling cattle are coming on […]

By Jerry Klassen

U.S. livestock: CME live cattle close mostly firm

Mar. 14, 2016 at 2:56 pm CDT

Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts gained modestly on Monday, after investors sold April and simultaneously bought deferred months in a strategy known as bear spreading, traders said. April ended 0.5 cents/lb. lower at 139.3. June closed up 0.275 cent/lb. to 128.825 and August finished […]

By Theopolis Waters

U.S. livestock: CME live cattle spike on cash price hopes

Mar. 11, 2016 at 3:21 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures peaked at a four-month high on Friday, fueled by short-covering in anticipation of strong market-ready, or cash, cattle prices later on Friday, traders said. April ended 1.5 cents/lb. higher at 139.8, and June closed up 0.925 cent/lb. to 128.55 (all […]

By Theopolis Waters

U.S. livestock: Cash outlook drives CME live cattle higher

Mar. 10, 2016 at 4:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Thursday, driven by short-covering and recent run up in wholesale beef prices, traders said. April ended 1.525 cents/lb. higher at 138.3, and June closed up 1.325 cents/lb. to 127.625 (all figures US$). The morning’s wholesale choice […]

By Theopolis Waters