Insights and Stories on Feeder Cattle

U.S. livestock: CME hog futures rise for third day in a row

Oct. 6, 2023 at 7:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday, extending a rally that was sparked by a strong export sales report a day earlier, traders said. A round of short covering was noted as prices moved off of the four-month lows hit on Wednesday. Cattle futures […]

U.S. livestock: CME hogs rally, export sales in focus

Oct. 5, 2023 at 6:59 pm CDT

By Reuters

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

Oct. 4, 2023 at 5:49 pm CDT

By Reuters

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

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell sharply for the second day in a row, hitting a four-month low as traders adjusted their expectations for prices to reflect the U.S. government’s bigger-than-expected supply view. “We simply don’t need the sow base we currently have or need […]

By Reuters

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

Sep. 29, 2023 at 6:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled by the daily trading limit on Friday under pressure from stronger-than-expected productivity in U.S. herds, analysts said. The U.S. Department of Agriculture, in a quarterly report issued after trading ended on Thursday, surprised analysts by reporting the average pigs […]

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