Insights and Stories on Feeder Cattle

U.S. livestock: CME live cattle firm; remain near recent highs

Jul. 19, 2023 at 4:35 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle edged higher on Wednesday, with tight U.S. supplies keeping prices near contract highs. A lack of fresh fundamental inputs limited the gains. August live cattle futures LCQ3 settled up 0.05 cent at 181.325 cents per pound, ending just below the contract high […]

US Livestock: live cattle rise on limited US supply, strong cash prices

Jul. 18, 2023 at 4:54 pm CDT

By Tom Polansek

Klassen: Feeder market continues climb

Jul. 18, 2023 at 1:26 pm CDT

By Jerry Klassen

U.S. livestock: CME August live cattle touch new high

Jul. 17, 2023 at 5:20 pm CDT

By Tom Polansek

U.S. livestock: CME cattle turn higher

Jul. 14, 2023 at 5:17 pm CDT

By P.J. Huffstutter

U.S. livestock: CME hog futures gain as pork prices rise

Jul. 13, 2023 at 7:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Thursday, buoyed by rising wholesale pork prices and firm cash hog values, traders said. The U.S. Department of Agriculture (USDA) quoted the wholesale pork carcass cutout at $110.90 per hundredweight (cwt), up 24 cents from Wednesday, and […]

By Julie Ingwersen

U.S. livestock: CME cattle down off contract highs on profit-taking

Jul. 12, 2023 at 7:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Wednesday on a round of profit-taking after most months climbed to life-of-contract highs, with a seasonal downturn in beef prices adding to bearish sentiment, traders said. Most-active August live cattle futures settled down 1.95 cents at 176.875 […]

By Julie Ingwersen

Alberta lifts feeder loan guarantee limit

Jul. 11, 2023 at 9:28 pm CDT

Alberta has boosted the limit on the size of loan available under its Feeder Associations Loan Guarantee program, aiming to help producers keep up against rising livestock prices. An order in council amending the provincial Feeder Associations Guarantee Regulation was approved Monday, raising that program’s individual and joint-membership loan limit […]

By Dave Bedard

U.S. livestock: CME hogs rally as pork prices rise

Jul. 11, 2023 at 7:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Tuesday, bouncing after a three-session slide as wholesale pork prices rose and cash hog prices firmed, traders said, while tight cattle supplies sent futures to life-of-contract highs. CME August lean hogs settled up 3.4 cents at 97.575 […]

By Julie Ingwersen

Klassen: Feeder market consolidates at historical highs

Jul. 11, 2023 at 12:11 pm CDT

For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches […]

By Jerry Klassen