Insights and Stories on Feeder Cattle

U.S. livestock: CME live cattle consolidate after hitting new contract high

Feb. 24, 2023 at 7:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures consolidated on Friday after setting a string on contract highs recently, while lean hog futures eased. The cattle market looks ripe for a correction after futures rose this month on tightening U.S. supplies, brokers said. However, cattle inventories look even […]

U.S. livestock: CME cattle set high on Brazil halting beef exports to China

Feb. 23, 2023 at 5:19 pm CST

By Tom Polansek

U.S. livestock: CME hog futures sag as pork prices retreat

Feb. 22, 2023 at 7:30 pm CST

By Julie Ingwersen

U.S. livestock: Cattle, hog futures climb

Feb. 21, 2023 at 8:13 pm CST

By Dave Bedard

Klassen: Feeder market stabilizes after recent climb

Feb. 21, 2023 at 4:53 am CST

By Jerry Klassen

U.S. livestock: CME live cattle post near-eight-year highs

Feb. 17, 2023 at 6:28 pm CST

Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange set life-of-contract highs on Friday and the front contract hit its highest since 2015 as shrinking cattle supplies lifted cash prices, traders said. Market-ready cattle traded in southern Plains cash markets at $160-$162 per hundredweight (cwt), traders […]

By Julie Ingwersen

U.S. livestock: Hogs, most live cattle lower

Feb. 16, 2023 at 7:21 pm CST

Chicago lean hog and cattle futures closed mainly lower Thursday with the exception of front-month February live cattle, which remained on its record-setting upward slope. CME February live cattle finished up 0.225 cent at 162.775 cents/lb., extending the nearly-eight-year high on a continuous chart of the front contract (all figures […]

By Dave Bedard

U.S. livestock: CME spot live cattle futures near eight-year top

Feb. 15, 2023 at 7:51 pm CST

Chicago | Reuters — Front-month live cattle futures on the Chicago Mercantile Exchange reached a near eight-year high on Wednesday, supported by tightening U.S. cattle supplies and rising wholesale beef prices, while the most actively traded contracts drifted lower as market players awaited more direction from cash cattle markets. CME’s […]

By Julie Ingwersen

U.S. livestock: CME live cattle ease on profit-taking

Feb. 14, 2023 at 6:52 pm CST

Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday on profit-taking after rising to the highest levels in nearly eight years, with worries about the health of the U.S. economy adding to bearish sentiment, analysts said. Benchmark April live cattle futures on the Chicago Mercantile Exchange settled […]

By Julie Ingwersen

Klassen: Canadian feeder market rationing demand

Feb. 14, 2023 at 3:46 am CST

Compared to last week, western Canadian yearling prices were up $4-$6 while calf markets traded $6 to as much as $10 above week-ago levels. May feeder cattle futures are trading at a $8 premium to the nearby March contract. The carrying charge in the futures market has encouraged buyers to […]

By Jerry Klassen