Insights and Stories on Feeder Cattle

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 […]

Klassen: Feeder market consolidates at historical highs

Jul. 11, 2023 at 12:11 pm CDT

By Jerry Klassen

U.S. livestock: CME cattle end higher on firm cash values

Jul. 10, 2023 at 7:23 pm CDT

By Karl Plume

U.S. livestock: CME live cattle climb on firmer cash market

Jul. 7, 2023 at 5:20 pm CDT

By Karl Plume

U.S. livestock: CME live cattle ease on weak cash market

Jul. 6, 2023 at 6:22 pm CDT

By Karl Plume

U.S. livestock: Cattle futures turn lower

Jul. 5, 2023 at 9:58 pm CDT

Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the U.S. Independence Day break down for a second day off Friday’s three-week high, closing Wednesday at 174.95 cents/lb., down 1.875 […]

By Dave Bedard

Klassen: U.S. feeder markets pull Canadian values higher

Jul. 3, 2023 at 7:42 pm CDT

For the week ending July 1, western Canadian feeder markets traded $2-$5/cwt higher compared to seven days earlier. Quality groups of yearlings were up $8-$10/cwt from a week earlier. South of the border, major markets in Oklahoma had feeder steers and heifers trading US$5-$10/cwt above week-ago levels. The Canadian market […]

By Jerry Klassen

U.S. livestock: CME feeder cattle firm on choppy corn trade

Jul. 3, 2023 at 5:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start of this holiday-shortened week, traders said. Meanwhile, the hog market ended the day mixed, with nearby contracts continuing to be […]

By P.J. Huffstutter

U.S. livestock: CME cattle up as corn prices slide

Jun. 30, 2023 at 7:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high on Friday, lifted by a surge in feeder cattle futures as corn prices tumbled, traders said. Tightening U.S. cattle supplies and a resilient beef market lent support, along with a strong close for the month and […]

By Julie Ingwersen

U.S. livestock: CME nearby hog futures up ahead of herd data

Jun. 29, 2023 at 7:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange nearby lean hog futures ended higher on Thursday, as wholesale pork prices rose, cash hog prices firmed and traders awaited quarterly hog data from the U.S. Department of Agriculture (USDA). Benchmark August hogs settled up 1.225 cents at 92.325 cents/lb. after reaching 93 […]

By Julie Ingwersen