Insights and Stories on Feeder Cattle

Klassen: Feeder market factors in lower barley prices

Apr. 18, 2023 at 11:00 am CDT

Compared to last week, western Canadian yearlings over 800 lbs. jumped $4 to as much as $10 in some cases. Steers in the 700- to 800-lb. category appeared to be up $10-$12 while similar-weight heifers were up $8-$10. Calves under 700 lbs. were up $10-$20. The feeder market was hard […]

U.S. livestock: CME feeder cattle hit new highs on supplies, cash market

Apr. 17, 2023 at 5:21 pm CDT

By P.J. Huffstutter

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

Apr. 14, 2023 at 7:06 pm CDT

By Tom Polansek

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

Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures continued climbing Tuesday, with most-active June live cattle again reaching a new contract high. CME June live cattle closed Tuesday at 163.95 cents/lb., up 0.25 cent on the day, while lightly-traded front-month April also closed at a new contract high […]

By Dave Bedard

Klassen: Demand surges for grass cattle

Apr. 11, 2023 at 6:03 am CDT

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Certain auction markets did not have sales due to the shortened holiday week. Adverse weather also shuttered some sales on Wednesday and Thursday in the eastern Prairie region. Southern Alberta feedlots are contending with […]

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