Insights and Stories on Feeder Cattle

Jan. 22, 2016 at 5:15 pm CST

Chicago | Reuters — Cattle placed into U.S. feedlots in December slipped one per cent from a year earlier to their lowest level since 1998, based on a U.S. Department of Agriculture report Friday, but were slightly above average industry expectations. Feedlots finally purchased less-expensive calves, or feeder cattle, that […]

By Theopolis Waters

Jan. 21, 2016 at 5:03 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures climbed to their three cents/lb. daily price limit on Thursday following a turnaround in crude oil prices that helped pare recent deep U.S. stock market losses. February and April live cattle closed at 130.25 and 131.175 cents, respectively. Live cattle’s […]

By Theopolis Waters

Jan. 20, 2016 at 5:56 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Wednesday, pressured by falling U.S. stock futures amid the unrelenting slide in crude oil prices, traders said. February live cattle ended 2.05 cents/lb. lower at 127.25 cents, and April closed down 1.975 cents at 128.175 (all figures […]

By Theopolis Waters

Jan. 19, 2016 at 8:00 pm CST

Western Canadian feeder cattle prices traded steady to as much as $10 lower compared to week-ago levels. Feedlot hands are contending with adverse winter conditions and cattle travelling farther distances were down $6 to $12 in non-major feeding regions. Feeder markets were slightly softer Monday through Wednesday; however, feedlot operators […]

By Jerry Klassen

Jan. 19, 2016 at 5:04 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Tuesday, driven by short-covering and bargain-hunting that helped contracts recover some of their lost ground over the past two sessions, traders said. February live cattle ended 1.75 cents/lb. higher at 129.3 cents, and April closed up 1.65 […]

By Theopolis Waters