Insights and Stories on Feeder Cattle

cme january 2024 feeder cattle, nov 20 2023

U.S. livestock: Feeder cattle top one-week high

Nov. 20, 2023 at 7:20 pm CST

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures finished higher on Monday after the government reported placements in feedlots were lower than analysts expected last month. The U.S. Department of Agriculture, in monthly data issued after the close of trading on Friday, said producers placed […]

U.S. livestock: CME cattle rise ahead of bullish data

Nov. 17, 2023 at 7:29 pm CST

By Tom Polansek

U.S. livestock: CME cattle sag on weakness in equities, cash cattle market

Nov. 16, 2023 at 3:50 pm CST

By Tom Polansek

U.S. livestock: CME cattle futures extend gains, await U.S. data

Nov. 15, 2023 at 4:21 pm CST

By Reuters Tom Polansek

U.S. livestock: Short-covering boosts CME cattle after recent decline

Nov. 14, 2023 at 5:36 pm CST

By Tom Polansek

Klassen: Cash feeder prices soften on futures market uncertainty

Nov. 14, 2023 at 9:27 am CST

The live and feeder cattle futures appear to be incorporating a risk discount due to the uncertainty in demand. Consumers are pulling in the reigns on spending. Interest rates are at 40 year highs and inflation remains elevated. Larger supplies and lower demand results in lower prices.

By Jerry Klassen

U.S. livestock: CME cattle up off last week’s sell-off

Nov. 13, 2023 at 4:52 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder futures advanced on Monday in a rebound from recent declines to multi-month lows. Short-covering helped boost the markets, as losses driven by fund liquidation and technical selling last week were overdone, brokers said. The U.S. beef industry still faces […]

By Tom Polansek

U.S. livestock: CME live cattle mixed, feeder cattle firm

Nov. 10, 2023 at 6:46 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended the week mixed on Friday, as traders and analysts said technical and algorithmic trading sent contract prices whipsawing during the session. Feeder cattle futures firmed as Chicago corn futures posted a third straight weekly decline, as grain markets […]

By P.J. Huffstutter

U.S. livestock: Cattle sell-off sends nearby contracts plunging

Nov. 9, 2023 at 7:37 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures fell sharply on Thursday, amid fund liquidation, growing concern over consumer demand and signs of prices falling in the cash market. Traders and funds scrambled to shed some of their long positions, after betting the bull market in cattle futures […]

By P.J. Huffstutter

U.S. livestock: Cattle futures rally late in session on technical buying

Nov. 8, 2023 at 4:59 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures saw a choppy day of trading on Wednesday, before rallying later in the session on short-covering and technical buying, traders said. December live cattle futures dipped below its 200-day moving average of $177.50 before bouncing up (all figures US$). January […]

By P.J. Huffstutter