Insights and Stories on Feeder Cattle

Klassen: Diverse price behaviour seen in feeder market

Feb. 8, 2022 at 8:16 am CST

Last week’s price action in western Canadian feeder markets was quite variable. Yearling prices were steady to $4 lower on average across the Prairies. Mid-weight cattle were down $3-$4 in Alberta and $2-$4 higher in Manitoba. Calf prices were also mixed. In eastern Saskatchewan and Manitoba, calves traded $2 to […]

U.S. livestock: CME lean hogs firm on tight hog supplies

Feb. 7, 2022 at 6:07 pm CST

By Christopher Walljasper

U.S. livestock: CME lean hogs up on tight supplies, good demand

Feb. 4, 2022 at 6:05 pm CST

By Karl Plume

U.S. livestock: CME hog, cattle futures end lower

Feb. 3, 2022 at 8:10 pm CST

By Julie Ingwersen

U.S. livestock: Cash prices, slaughter pace support CME live cattle

Feb. 2, 2022 at 6:22 pm CST

By Karl Plume

U.S. livestock: CME hog, cattle futures hit contract highs

Feb. 1, 2022 at 8:02 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose more than two per cent on Tuesday, with most contract months setting life-of-contract highs on fund-driven buying and worries about a winter storm that could slow the transport of animals at a time of tight U.S. hog supplies, traders […]

By Julie Ingwersen

Klassen: Feeder market establishes short-term stability

Feb. 1, 2022 at 6:55 pm CST

Compared to last week, western Canadian feeder cattle traded $2-$4 on either side of unchanged. Steady demand was noted on 800-plus-pound cattle, but calves and lighter weights experienced softer buying interest. Favourable weather and optimal pen conditions along with firmer live cattle futures supported the yearling market. Imports of U.S. […]

By Jerry Klassen

U.S. livestock: CME cattle end higher on rising slaughter pace

Jan. 31, 2022 at 6:33 pm CST

Chicago | Reuters — Benchmark Chicago Mercantile Exchange live cattle futures hit the highest in nearly a month on Monday, supported by an improving U.S. slaughter pace and signs of a shrinking U.S. cattle herd, traders said. CME April live cattle futures settled 1.425 cents higher at 144.525 cents/lb. after […]

By Julie Ingwersen

U.S. livestock: CME cattle futures up with daily slaughter levels

Jan. 28, 2022 at 5:29 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Friday as daily processing levels began to rebound, a sign that COVID-related staffing woes may be easing, traders said. Meatpackers have struggled with staffing shortages due to the surge in Omicron coronavirus infections, traders said, limiting production in recent […]

By P.J. Huffstutter

U.S. livestock: CME lean hogs drop on profit-taking, technical selling

Jan. 27, 2022 at 6:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Thursday, dragged by technical selling and profit-taking following a recent rally to contract highs. Tight U.S. hog supplies had fueled the recent gains and remained a supportive factor, but the market was oversold. “We had a key reversal […]

By Karl Plume