Insights and Stories on Feeder Cattle

Klassen: Feeder cattle steady but demand remains sluggish

Mar. 2, 2016 at 1:03 pm CST

Western Canadian feeder cattle prices traded in line with week-ago levels on average, though the market was quite variable across the Prairies. Favourable temperatures in southern Alberta enhanced demand on all weight categories, especially on grassers from 500 to 650 lbs. Higher-quality backgrounded cattle were also $4-$8 higher in certain […]

U.S. livestock: Cash price optimism nudges CME live cattle upward

Mar. 1, 2016 at 3:58 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle close mixed

Feb. 29, 2016 at 5:07 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle dip while awaiting cash prices

Feb. 26, 2016 at 6:33 pm CST

By Theopolis Waters

U.S. livestock: Cash price outlook boosts CME live cattle

Feb. 25, 2016 at 5:42 pm CST

By Theopolis Waters

U.S. livestock: Brisk beef demand pushes CME live cattle higher

Feb. 24, 2016 at 3:42 pm CST

Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts rose on Wednesday, driven by upward-trending wholesale beef values that may underpin prices for market-ready, or cash, cattle by Friday, traders said. Thinly-traded spot February, which will expire on Feb. 29, closed down 0.025 cent/lb. to 136.975 cents (all […]

By Theopolis Waters

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

Feb. 23, 2016 at 5:22 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday following a steep rise in wholesale beef values that could help underpin cash prices later this week, traders said. February closed 0.525 cent/lb. higher at 136.95 cents, and April ended at 135.5 cents, up 0.875 cent […]

By Theopolis Waters

Klassen: Buyers risk-averse on feeder cattle

Feb. 23, 2016 at 3:55 pm CST

Western Canadian feeder cattle markets were trading $5-$10 below values seven days earlier. Sharper declines were noted on heavier replacements over 800 lbs., which at times sold for $15 below week-ago levels; quality mid-weight feeders in the range of 600 to 800 lbs. were down $8 on average. Eastern Prairie […]

By Jerry Klassen

U.S. livestock: CME live cattle move higher with beef prices

Feb. 22, 2016 at 4:16 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled higher on Monday, buoyed by the morning’s wholesale beef price turnaround, traders said. Buy stops and fund buying contributed to CME live cattle futures advances, they said. February closed 1.05 cents/lb. higher at 136.425 (all figures US$). April ended […]

By Theopolis Waters

U.S. livestock: CME live cattle close mostly weak before USDA report

Feb. 19, 2016 at 4:39 pm CST

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts settled lower on Friday, after investors tweaked positions ahead of the afternoon’s U.S. Department of Agriculture’s monthly Cattle on Feed report at 2 p.m. CT, traders said. February closed up 0.225 cent/lb. to 135.375 cents, April ended 0.425 cent […]

By Theopolis Waters