Insights and Stories on Feeder Cattle

U.S. livestock: CME hogs up as processors seek market-ready supply

Feb. 8, 2022 at 6:23 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Tuesday, supported by cash prices as packers attempted to pull market-ready hogs forward to slaughter, analysts said. “Packers are clearly chasing hogs. The supply of butcher hogs is not enough to meet demand,” said Dennis Smith, commodity broker […]

Klassen: Diverse price behaviour seen in feeder market

Feb. 8, 2022 at 8:16 am CST

By Jerry Klassen

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

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to fresh contract highs on Wednesday on strong cash market prices and rising slaughter rates amid seasonally tightening cattle supplies. A winter storm moving across the central U.S. on Wednesday did not noticeably impact cattle and beef production, although […]

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