Insights and Stories on Feeder Cattle

Klassen: Fed market supports feeder complex

Jun. 27, 2023 at 6:53 am CDT

For the week ending Saturday, western Canadian yearlings over 800 lbs. were relatively unchanged. Feeder cattle in the range of 600-700 lbs. were up $4-$8/cwt. The market was hard to define for feeder cattle under 600 lbs. due to limited numbers. Prices for quality calves were unchanged from seven days […]

U.S. livestock: Live cattle weak on large May placements

Jun. 26, 2023 at 7:40 pm CDT

By Karl Plume

U.S. livestock: Feeder cattle rally as corn prices sag

Jun. 23, 2023 at 7:14 pm CDT

By Mark Weinraub

U.S. livestock: Cattle futures rise, hogs fall

Jun. 22, 2023 at 5:31 pm CDT

By Mark Weinraub

U.S. livestock: Feeder cattle down as corn extends rally

Jun. 21, 2023 at 7:30 pm CDT

By Mark Weinraub

U.S. livestock: Hogs rally to nine-month high; cattle ease

Jun. 20, 2023 at 6:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose to a nine-month high as a recent slowdown in the pace of slaughter limited the amount of retail supplies. Cattle futures were weaker on an expected seasonal slowdown and a round of profit-taking, traders said. CME July hogs jumped three […]

By Mark Weinraub

Klassen: 800-lb. steers touch $300/cwt mark

Jun. 20, 2023 at 11:55 am CDT

For the week ending June 17, western Canadian feeder cattle prices were quoted $2-$5/cwt higher on average compared to seven days earlier. However, larger packages of quality yearlings traded $8-$10/cwt above week-ago levels. The market was hard to define because available supplies are dwindling at this time of year. The […]

By Jerry Klassen

U.S. livestock: CME live cattle up as beef prices climb

Jun. 16, 2023 at 7:09 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Friday ahead of a long U.S. holiday weekend, supported by strong beef prices and profitable margins for beef packers, traders said. CME’s benchmark August live cattle contract settled up 0.65 cent at 171.725 cents/lb. (all figures […]

By Julie Ingwersen

U.S. livestock: CME live cattle inch higher in technical bounce

Jun. 15, 2023 at 7:22 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed modestly higher on Thursday on rising wholesale beef prices and a technical bounce after the benchmark August contract dipped to a two-week low. The cattle market has been consolidating after a surge to contract highs on June […]

By Julie Ingwersen

U.S. livestock: CME live cattle fall on technical selling

Jun. 14, 2023 at 7:41 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange fell on Wednesday on chart-based selling and expectations of a seasonal slowdown in beef demand in the coming weeks, traders said. CME benchmark August live cattle futures settled down 2.95 cents at 170.975 cents/lb., with technical selling accelerating […]

By Julie Ingwersen