Insights and Stories on Feeder Cattle

U.S. livestock: CME live cattle near two-month high

Apr. 20, 2022 at 8:26 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange hit their highest in nearly two months on Wednesday, led by firming prices for market-ready cattle in the cash market, traders said. Live cattle traded as high as $146 per hundredweight (cwt) in eastern Nebraska cash markets, traders […]

Klassen: Yearling prices soften but calves drop sharply

Apr. 19, 2022 at 7:35 pm CDT

By Jerry Klassen

U.S. livestock: CME hog futures backpedal off April high

Apr. 19, 2022 at 6:26 pm CDT

By Tom Polansek

U.S. livestock: CME hog futures top two-week high

Apr. 18, 2022 at 4:48 pm CDT

By Tom Polansek

U.S. livestock: CME cattle futures end lower, hogs higher

Apr. 14, 2022 at 7:27 pm CDT

By Julie Ingwersen

U.S. livestock: CME cattle follow broad strength in commodities

Apr. 13, 2022 at 7:07 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Wednesday for a third straight session, buoyed by broad strength in commodities along with firming cash cattle prices, traders said. A blizzard crossing the northern Plains lent support, raising concern about stress on cattle in the […]

By Julie Ingwersen

U.S. livestock: CME cattle futures climb on firmer cash trade

Apr. 12, 2022 at 6:16 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday on firmer cash cattle prices compared to last week and broad strength in commodities, analysts said. CME June live cattle futures settled up 1.5 cents at 136.3 cents/lb. after touching 136.675 cents, the contract’s […]

By Julie Ingwersen

Canadian cattle in a feedlot with a cowboy in the background.

Klassen: Feedlots value feeders on finished cattle price projections

Apr. 11, 2022 at 8:31 pm CDT

Compared to the week ending March 2, western Canadian yearling prices were $3-$5 lower on average. Mid-weight replacements in the range of 650-800 lbs. were down $8-$12. Steer calves under 650 lbs. traded steady to $5 lower. Heifer calves under 650 lbs. were also down $8-$12. The market was hard […]

By Jerry Klassen

U.S. livestock: CME lean hogs, live cattle end higher

Apr. 11, 2022 at 8:10 pm CDT

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange inched higher on Monday as technical buying and worries about tightening U.S. hog supplies offset fears of slowing pork export demand and softening cash hog prices, traders said. CME benchmark June lean hogs settled up 0.45 cent at […]

By Julie Ingwersen

U.S. livestock: CME cattle futures end week lower

Apr. 8, 2022 at 7:16 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange slid on Friday to end the week lower as cash markets stalled, despite strong slaughter rates. “The weekly kill came in much larger than expected,” said Dennis Smith, commodity broker at Archer Financial. “I suspect that will change […]

By Christopher Walljasper