Insights and Stories on Feeder Cattle

CME cattle futures rout continues; hogs end lower

Dec. 8, 2023 at 8:40 am CST

Live cattle futures on the Chicago Mercantile Exchange dropped on Thursday to fresh multi-month lows on technical selling and weak beef prices at a time when feedlot supplies of market-ready cattle are rising, analysts said.

Klassen: Feeder market bounces on lower volumes

Dec. 5, 2023 at 10:04 am CST

By Jerry Klassen

U.S. Livestock: CME cattle down sharply on fund selling, ending near week’s lows

Dec. 1, 2023 at 6:34 pm CST

By Karl Plume Reuters

U.S. livestock: CME cattle drop on fund selling, beef demand concerns

Nov. 30, 2023 at 5:38 pm CST

By Karl Plume

U.S. livestock: CME cattle gain for second straight day after selloff

Nov. 29, 2023 at 5:07 pm CST

By Karl Plume

U.S. livestock: CME cattle up on short covering, discount to cash

Nov. 28, 2023 at 7:27 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures surged on Tuesday in a short-covering rebound from multi-month lows in the prior session, supported by the market’s steep discount to cash market prices. Feeder cattle futures rose by as much as the daily trading limit, triggering expanded limits for both […]

By Karl Plume

Klassen: Strong demand continues to support feeder market

Nov. 28, 2023 at 7:06 am CST

For the week ending Nov. 25, western Canadian yearling prices were $4-$8/cwt lower compared to seven days earlier. However, calf markets were firm trading $5-$8/cwt on either side of unchanged compared to values quoted a week prior. Optimal weather in southern Alberta caused major feedlot operators to stretch their hands […]

By Jerry Klassen

U.S. livestock: Fund selling sends CME cattle to multi-month lows

Nov. 27, 2023 at 6:35 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled sharply for a second straight session on Monday on fund long liquidation, technical selling and concerns about slowing beef demand and rising supplies. Actively traded February live cattle dropped to an eight-month low while several deferred-month contracts posted life-of-contract lows. […]

By Karl Plume

U.S. livestock: CME cattle collapse to March lows

Nov. 24, 2023 at 7:50 pm CST

Chicago | Reuters — Cattle futures sank to their lowest levels in nearly eight months at the Chicago Mercantile Exchange on Friday on increased concerns about easing demand for U.S. beef. Technical selling accelerated the slide after funds recently liquidated long positions, traders said. “We don’t know what demand is […]

By Tom Polansek

U.S. livestock: CME lean hogs mixed after approaching four-week low

Nov. 22, 2023 at 7:20 pm CST

Chicago | Reuters — Lean hog futures hit their lowest level in about four weeks on Wednesday before ending mixed as traders adjusted positions before the U.S. Thanksgiving holiday. The market has dropped about eight per cent since rising on Nov. 7 to the highest price in more than a […]

By Tom Polansek