Insights and Stories on Feeder Cattle

U.S. livestock: CME cattle futures mixed as packer margins stay in red

Oct. 18, 2023 at 6:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mixed on Wednesday, as beef packer margins stayed in the red and cash cattle prices were expected to be steady to higher, traders said. Hog futures were also mixed on the day. February and May lean hog futures dipped to […]

Klassen: Ontario demand sets the price structure for calves

Oct. 18, 2023 at 3:12 pm CDT

By Jerry Klassen

U.S. livestock: CME cattle futures rise on supply concerns

Oct. 17, 2023 at 4:53 pm CDT

By P.J. Huffstutter

U.S. livestock: CME hog, cattle futures decline

Oct. 16, 2023 at 7:11 pm CDT

By Tom Polansek

U.S. livestock: Cattle retreat as energy rally dents beef demand outlook

Oct. 13, 2023 at 7:16 pm CDT

By Karl Plume

U.S. livestock: CME cattle, hogs rise on technical buying

Oct. 12, 2023 at 5:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Thursday as technical buyers stepped into the market after prices weakened earlier in the session. Traders said the massive supplies reported by the U.S. Agriculture Department have been priced in and speculators were likely to buy any dip in […]

By Reuters

U.S. livestock: Chicago cattle turn higher

Oct. 11, 2023 at 7:27 pm CDT

Chicago Mercantile Exchange (CME) cattle futures turned solidly higher Wednesday while lean hogs mostly continued lower. Most-active December live cattle closed 1.975 cents higher Wednesday at 186.975 cents/lb., erasing two days’ losses, but not before touching a one-month low of 184.25 (all figures US$). Both front-month October 2023 and February […]

By Dave Bedard

U.S. livestock: Live cattle mostly lower

Oct. 10, 2023 at 6:26 pm CDT

Most-active December live cattle on the Chicago Mercantile Exchange (CME) turned lower for a second day in a row Tuesday, as did lean hog and deferred-month feeder cattle futures. December live cattle closed Tuesday at 185 cents/lb., down 0.35 cent on the day, while lightly-traded front-month October ended up 0.2 […]

By Dave Bedard

Klassen: Steam evaporates off yearling market

Oct. 10, 2023 at 1:18 am CDT

Compared to last week, western Canadian yearling markets traded steady to $4 lower. The yearling quality continues to fade as thicker flesh levels are starting to appear. Steer calves were down $4-$8 on average while heifer calves were down $15 to as much as $20 in some cases. From a […]

By Jerry Klassen

U.S. livestock: Cattle, hogs down as Middle East war sparks risk-off selling

Oct. 9, 2023 at 7:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures retreated on Monday while lean hog futures fell for the first time in four sessions, pressured by risk-off selling as violence erupted in the Middle East over the weekend and riled global markets. The bloodiest fighting in years between the Palestinian […]

By Karl Plume