Insights and Stories on Feeder Cattle

U.S. livestock: CME hog futures sag as pork prices hover near two-year lows

Jan. 18, 2023 at 8:02 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday as cash hog prices remained soft and wholesale pork prices lingered near two-year lows, traders said. “We continue to search for a bottom on the hogs, and the cash market stays under pressure,” said Don Roose, president […]

U.S. livestock: CME cattle futures sag on long liquidation, rising grains

Jan. 17, 2023 at 6:51 pm CST

By Julie Ingwersen

Klassen: Feeder market price discovery continues

Jan. 16, 2023 at 9:00 pm CST

By Jerry Klassen

U.S. livestock: CME live cattle end firm on tight supplies, lower weights

Jan. 13, 2023 at 7:51 pm CST

By Karl Plume

U.S. livestock: CME lean hogs end mixed, cattle mostly lower

Jan. 12, 2023 at 5:29 pm CST

By Karl Plume

U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low

Jan. 11, 2023 at 6:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale […]

By Karl Plume

U.S. livestock: CME hogs sink to three-month low on weak pork prices

Jan. 10, 2023 at 5:45 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Tuesday for the eighth time in nine sessions on concerns about pork demand and slumping pork prices, traders said. The actively traded February lean hog contract dropped to a three-month low as packer margins eroded and the pork […]

By Karl Plume

Klassen: Feeder market looks upward

Jan. 10, 2023 at 2:24 am CST

Western Canadian feeder cattle prices were quite variable. Compared to three weeks ago, Alberta prices were steady to $2/cwt higher while in Saskatchewan, prices were $8-$10/cwt higher on average with lighter-weight cattle jumping as much as $15. For example, in central Alberta, higher-quality 800-lb. steers were trading from $230 to […]

By Jerry Klassen

U.S. livestock: CME hogs up off three-month low on bargain buying

Jan. 9, 2023 at 7:49 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced from a three-month low on Monday and settled higher for the first time in eight sessions in a technical and bargain-buying rally to start the first full trading week of the year. Cattle futures also gained on improved packer […]

By Karl Plume

U.S. livestock: CME lean hogs extend slide to three-month low

Jan. 6, 2023 at 6:48 pm CST

Chicago | Reuters — CME lean hog futures sank to a three-month low and closed weaker for the seventh consecutive session on Friday on concerns about weak demand, brokers said. An increase in hog weights also hung over the market, after recent winter storms delayed processing and backed up livestock […]

By Tom Polansek