Insights and Stories on Feeder Cattle

Oct. 14, 2015 at 5:03 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday, supported by rising wholesale beef values that could help strengthen cash prices as early as Thursday, traders said. Spot October closed 1.325 cents/lb. higher at 133.75 cents, and December up 0.225 cent to 137.425 (all figures US$). […]

By Theopolis Waters

Oct. 13, 2015 at 4:11 pm CDT

Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts ended moderately lower on Tuesday, with October helped by the upturn in wholesale beef prices and anticipation of higher cash prices later in the week, traders said. But, they said, profit-taking and uneasiness about cattle supplies in the coming […]

By Theopolis Waters

Oct. 12, 2015 at 5:28 pm CDT

Feedlot operators continued on a cautious path this week as western Canadian feeder cattle traded $6-$10 lower compared to seven days earlier. Heavier replacements over 800 lbs. once again led the charge lower, dipping as much as $12 below week-ago levels. Manitoba and Saskatchewan markets also came in line at […]

By Jerry Klassen

Oct. 8, 2015 at 5:51 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle rose for a third straight session Thursday, helped by more short-covering following a morning jump in wholesale beef quotes, traders said. Spot October finished 1.825 cents/lb. higher at 131.175 cents, and December up 1.525 cents at 137.675 (all figures US$). Thursday […]

By Theopolis Waters

Oct. 6, 2015 at 3:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished up their three-cent-per-pound daily price limit on Tuesday, driven by short-covering and bargain hunting following the spike in wholesale beef prices, traders said. Spot October and December finished at 125.125 and 133.225 cents, respectively (all figures US$). Live cattle’s trading […]

By Theopolis Waters