Insights and Stories on Feeder Cattle

Klassen: Calf numbers down in Western Canada

Aug. 29, 2023 at 5:21 am CDT

Compared to last week, western Canadian yearling markets were relatively unchanged. Yearlings straight off grass were very well bid and prices held value. Yearlings over 800 lbs. on light grain ration were quoted $15-$20 discount to those cattle coming straight off pasture. We’re seeing heavier calves around 800 lbs. trade […]

U.S. livestock: CME feeder cattle up on consumer demand, tight supplies

Aug. 28, 2023 at 5:08 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle gain as heat impacts producers

Aug. 25, 2023 at 7:30 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle up on cash optimism, heat risk

Aug. 24, 2023 at 5:59 pm CDT

By Christopher Walljasper

U.S. livestock: CME lean hogs dip as seasonal pressures mount

Aug. 23, 2023 at 5:30 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle ease, heat impacts in focus

Aug. 22, 2023 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a […]

By Christopher Walljasper

Klassen: Feedlots aggressively secure ownership

Aug. 22, 2023 at 12:45 am CDT

Compared to last week, yearlings straight off grass sold $3-$5 higher on average. In certain cases, larger groups of higher quality genetics traded $8-$12 above week-ago levels. Auction markets had larger volumes this past week and there was strong demand across all weight categories. It’s that time of year when […]

By Jerry Klassen

U.S. livestock: CME live cattle climb on fewer feedlot placements

Aug. 21, 2023 at 5:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed for a second session on Monday, supported by a bigger-than-expected drop in cattle placements in July, reported after market close on Friday. “In terms of slaughter ready cattle, we’re still relatively tight,” said Austin Schroeder, analyst at Brugler Marketing. […]

By Christopher Walljasper

U.S. livestock: CME live cattle recover from six-week low

Aug. 18, 2023 at 10:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday after dropping to a six-week low, as traders adjusted positions before a government report showed lower-than-expected placements in U.S. feedlots last month. The data, which the U.S. Department of Agriculture (USDA) issued after trading ended, should […]

By Tom Polansek

U.S. livestock: October live cattle futures lowest since July

Aug. 17, 2023 at 6:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat from recent highs. Futures and cash prices have jumped this year after drought reduced the amount of pastures available for […]

By Tom Polansek