Insights and Stories on Feeder Cattle

U.S. livestock: CME live cattle set two-week low

Aug. 16, 2023 at 5:16 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since June. Drought prompted U.S. cattle producers to reduce their herds since last year by driving up feed costs and reducing […]

U.S. livestock: Technical selling extends setback in CME lean hogs

Aug. 15, 2023 at 5:35 pm CDT

By Tom Polansek

Klassen: Feeder market consolidates

Aug. 15, 2023 at 4:32 am CDT

By Jerry Klassen

U.S. livestock: CME lean hogs down on technical selling

Aug. 14, 2023 at 6:52 pm CDT

By Tom Polansek

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Aug. 11, 2023 at 7:29 pm CDT

By P.J. Huffstutter

U.S. livestock: CME cattle firm, hogs mixed

Aug. 10, 2023 at 6:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, buoyed by a round of technical support as the market remained near last week’s highs. Feeder cattle contracts also posted gains, while lean hog futures were mixed Traders said that tight supplies underpinned cattle futures prices despite […]

By Mark Weinraub

U.S. livestock: Cattle up on U.S. supply worries

Aug. 9, 2023 at 6:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Wednesday as tight U.S. supplies continued to support the market, analysts said. Feeder cattle futures also advanced, while lean hog futures declined. The live cattle market is largely trading sideways in the most-active contract this week after finishing […]

By Tom Polansek

U.S. livestock: CME cattle steady to weak

Aug. 8, 2023 at 6:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures were steady to weak, while hog futures were mixed on Tuesday, with the market pressured by demand concerns as the end of grilling season nears, traders said. August live cattle futures ended unchanged at 179.7 cents/lb. (all figures US$). Most-active October […]

By Mark Weinraub

Klassen: Upward momentum in feeder market eases

Aug. 8, 2023 at 7:12 am CDT

Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Higher-quality groups of yearling heifers appeared to trade steady to $2 higher on average while steer markets traded $3-$4 higher to $2 lower. Calf prices are unchanged from seven days earlier. The rally in deferred live cattle futures […]

By Jerry Klassen

U.S. livestock: CME cattle firm on steady-higher cash

Aug. 4, 2023 at 3:56 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday, supported by underlying strength in the cash markets and tighter cattle slaughter, analysts said. August live cattle futures LCQ3 added 2.400 cents to 180.900 cents per pound. Most-active October live cattle LCV3 lifted 1.600 cents to settle […]

By Christopher Walljasper