Insights and Stories on Feeder Cattle

U.S. livestock: CME hog futures break losing streak

Oct. 4, 2023 at 5:49 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed firm on Wednesday, snapping a three session losing streak as traders said that the U.S. government’s most recent bearish supply forecast had been priced into the market. Cattle futures were consolidating after posting sharp declines a day earlier, but […]

U.S. livestock: CME cattle futures drop on technical selling

Oct. 3, 2023 at 7:51 pm CDT

By Reuters

Klassen: Feeder market falters at record highs

Oct. 2, 2023 at 9:38 pm CDT

By Jerry Klassen

U.S. livestock: CME lean hogs extend selloff on supply view

Oct. 2, 2023 at 5:47 pm CDT

By Reuters

U.S. livestock: CME lean hogs limit down on USDA report

Sep. 29, 2023 at 6:35 pm CDT

By Tom Polansek

U.S. livestock: CME lean hogs to face bigger-than-expected herd

Sep. 28, 2023 at 7:30 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose to a one-week high on Thursday but face pressure from a U.S. government report that showed a larger-than-expected domestic herd, analysts said. The U.S. Department of Agriculture, in a quarterly report issued after trading ended, said the inventory of […]

By Tom Polansek

CME November feeder cattle, Sept. 27, 2023.

U.S. livestock: CME feeder cattle slump to lowest in over a month

Sep. 27, 2023 at 3:59 pm CDT

Chicago | Reuters — Feeder cattle futures slid to their lowest level in more than a month at the Chicago Mercantile Exchange on Wednesday, while live cattle futures neared a two-week low. Fund liquidation and technical selling pushed down prices, brokers said. Some market participants booked profits before the end […]

By Tom Polansek

Klassen: Lower beef production forecasts support feeder complex

Sep. 26, 2023 at 8:18 pm CDT

Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged. Calf markets were steady to $5 higher on average, with stronger buying interest on preconditioned weaned steer calves. Light calves weighing under 500 lbs. appeared to jump $10-$20 in certain regions. This past week, focus […]

By Jerry Klassen

CME October feeder cattle, Sept. 26, 2023.

U.S. livestock: CME feeder cattle dip to three-week low

Sep. 26, 2023 at 6:20 pm CDT

Chicago | Reuters — Chart-based and fund selling dragged Chicago Mercantile Exchange live cattle futures to their lowest level in more than a week on Tuesday while feeder cattle hit a three-week low, traders said. Most-active lean hog futures also came under pressure. Steep losses on Wall Street set a […]

By Tom Polansek

CME December live cattle, Sept. 25, 2023.

U.S. livestock: CME live cattle slip, but stay near recent highs

Sep. 25, 2023 at 7:52 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Monday as the market pulled back slightly from life-of-contract highs set last week. The markets remain near their peaks as tight U.S. cattle supplies continue to fuel supply concerns. CME October live cattle futures settled 0.1 […]

By Tom Polansek