Insights and Stories on Feeder Cattle

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

Feb. 14, 2023 at 3:22 am CST

Chicago | Reuters — U.S. live cattle futures climbed to contract and multi-year highs on Monday on optimism about firming cash cattle prices and tightening U.S. cattle supplies. Most-active April live cattle futures on the Chicago Mercantile Exchange settled up 1.15 cents at 165.1 cents/lb. after recording a contract high […]

U.S. livestock: Cattle futures firm

Feb. 10, 2023 at 7:42 pm CST

By Reuters

U.S. livestock: Cattle futures mixed, remain near highest since 2015

Feb. 9, 2023 at 3:54 pm CST

By Reuters

U.S. livestock: Cattle futures firm, tight supplies underpin

Feb. 8, 2023 at 5:04 pm CST

By Reuters

U.S. livestock: Cattle futures ease off highest since 2015

Feb. 7, 2023 at 7:20 pm CST

By Reuters

Klassen: Larger supplies of backgrounded cattle weigh on feeder complex

Feb. 7, 2023 at 2:14 am CST

Compared to last week, western Canadian yearling markets traded steady to $3 lower. Calf prices were quoted $5 lower to $3 higher. Backgrounded cattle appeared to have a softer tone as more numbers come on the market. Usually, the bulk of the volume for backgrounded cattle are animals over 850 […]

By Jerry Klassen

U.S. livestock: CME cattle futures extend winning streak

Feb. 6, 2023 at 4:36 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for the 11th session in a row on Monday, hitting their highest in more than seven years as tight supplies continued to fuel a rally. Strength in the cash market added to the gains in cattle futures. But surplus supplies […]

By Reuters

U.S. livestock: CME cattle climb as smaller U.S. herd attracts spec buyers

Feb. 3, 2023 at 7:31 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set life-of-contract highs on Friday as a government report this week showing reduced U.S. cattle supplies continued to inspire speculative buying, traders said. A seasonal slide in wholesale beef prices capped rallies. But traders remained fixated on longer-term supplies after […]

By Julie Ingwersen

U.S. livestock: Live cattle futures ease off contract highs

Feb. 1, 2023 at 7:58 pm CST

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday as traders booked profits, one day after the benchmark April contract set a life-of-contract high and the U.S. Agriculture Department reported a three per cent year-on-year drop in the size of the U.S. cattle […]

By Julie Ingwersen

Klassen: Feeder market percolates higher amid finicky buyers

Jan. 31, 2023 at 8:05 pm CST

Compared to last week, western Canadian feeder cattle markets traded steady to $4 higher on average. Certain pockets in Manitoba and eastern Saskatchewan had steer calves up $4-$8 from week-ago levels. Alberta values were relatively unchanged from seven days earlier on all weight categories. Steady demand was noted from Ontario […]

By Jerry Klassen