Insights and Stories on Feeder Cattle

U.S. livestock: CME live cattle pull back from all-time highs

Apr. 14, 2023 at 7:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Friday after racing to all-time highs during the previous three sessions as tightening U.S. supplies rallied cash prices. Profit-taking and technical pressured futures following the surge, though the market could still post new highs moving forward, analysts said. […]

U.S. livestock: CME live cattle hit another record high

Apr. 13, 2023 at 6:24 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle hit record high as packers scramble for supplies

Apr. 12, 2023 at 5:40 pm CDT

By Tom Polansek

U.S. livestock: Cattle futures continue climbing

Apr. 11, 2023 at 7:54 pm CDT

By Dave Bedard

Klassen: Demand surges for grass cattle

Apr. 11, 2023 at 6:03 am CDT

By Jerry Klassen

U.S. livestock: Sizzling cash cattle prices ignite rally in CME futures

Apr. 6, 2023 at 4:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to contract highs on Thursday as cash prices soared, stoking concerns about tightening U.S. supplies. Meatpackers had to be aggressive in the cash market, brokers said, after ranchers have reduced their herds due to high feed costs and drought […]

By Tom Polansek

U.S. livestock: CME cattle up on higher cash price expectations

Apr. 5, 2023 at 7:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Wednesday on expectations for higher U.S. cash prices this week, as lean hog futures set contract lows, analysts said. Cash cattle were bid at about $168/cwt in the southern Plains, roughly $1 higher than the bulk of trading […]

By Tom Polansek

U.S. livestock: CME cattle slide on profit-taking

Apr. 4, 2023 at 7:09 pm CDT

Chicago | Reuters — Profit-taking pushed down Chicago Mercantile Exchange cattle futures on Tuesday, while front-month lean hog futures tumbled to another contract low. Losses on Wall Street helped set a negative tone for the markets, as live cattle futures pulled back from contract highs reached on Monday, traders said. […]

By Tom Polansek

Klassen: Alberta fed cattle lead feeder market higher

Apr. 4, 2023 at 8:22 am CDT

Compared to last week, western Canadian yearling markets traded $3-$5 higher while calf prices advanced $1-$3 on average. Alberta packers were buying fed cattle on a dressed basis of $360/cwt last week, up $3-$10 from a week earlier. Using a 60 per cent grading, live prices would be equivalent to […]

By Jerry Klassen

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

Apr. 3, 2023 at 7:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Monday as profit-taking dragged prices down after the market set new contract highs, traders said. CME June live cattle ended down 0.9 cent at 161.225 cents/lb., after reaching a high of 162.525 cents/lb. (all figures US$). That exceeded […]

By Tom Polansek