Insights and Stories on Feeder Cattle

U.S. livestock: Hog, cattle futures fall on poor fundamental outlook

May. 10, 2023 at 7:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Wednesday, as poor demand for pork smothered any bargain-buying attempts to pull prices away from contract lows hit earlier this week. Cattle contracts also were lower, but the declines were kept in check by expectations that corn prices will […]

Klassen: Feeder market remains firm on fed cattle strength

May. 10, 2023 at 11:09 am CDT

By Jerry Klassen

U.S. livestock: Hog futures rebound on technical bounce

May. 9, 2023 at 6:46 pm CDT

By Mark Weinraub

U.S. livestock: Hog futures extend losing streak

May. 8, 2023 at 6:15 pm CDT

By Mark Weinraub

U.S. livestock: Weak pork demand knocks lean hogs to contract lows

May. 5, 2023 at 4:35 pm CDT

By Tom Polansek

U.S. livestock: CME feeder cattle stumble to three-week low

May. 4, 2023 at 6:11 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures slumped to their lowest price in more than three weeks on Thursday, while live cattle futures also eased. Traders said the markets were overbought and pressured by technical selling and long liquidation, after feeder cattle set contract highs last month […]

By Tom Polansek

U.S. livestock: CME live cattle extend setback to six-week low

May. 3, 2023 at 7:49 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures tumbled to a six-week low on Wednesday, extending a setback from an all-time high last month as technical selling and long liquidation hit the market, brokers said. Losses in equities also pressured cattle futures amid concerns that weakness in the […]

By Tom Polansek

U.S. livestock: CME live cattle hit five-week low

May. 2, 2023 at 7:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to their lowest level in more than five weeks on Tuesday as technical selling and concerns about the U.S. economy weighed on prices, analysts said. Economic worries increased after the failure over the weekend of First Republic Bank. Wall […]

By Tom Polansek

Klassen: Feeder cattle supplies remain snug

May. 2, 2023 at 3:30 pm CDT

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Premium low-flesh yearlings were one off bids $15-$20 above average. Cattle buyers commented that there were larger volumes of fleshier yearlings. Cattle with heavier butter levels were discounted from our listed values by $5 […]

By Jerry Klassen

U.S. livestock: Live cattle, lean hogs turn lower

May. 1, 2023 at 7:43 pm CDT

The Chicago Mercantile Exchange’s most-active live cattle and lean hog futures turned lower Monday on a down day overall in livestock trade. CME June live cattle ended lower Monday after three consecutive days’ climb, at one point dipping below their 10-day moving average before closing at 164.875 cents/lb., down 0.6 […]

By Dave Bedard