Insights and Stories on Feeder Cattle

Klassen: Feeder market remains firm

Jan. 17, 2022 at 9:39 pm CST

Compared to last week, western Canadian yearling prices were steady to $3 lower on average; calves were relatively unchanged but limited numbers were on offer. Strength in the Canadian dollar appeared to temper demand from south of the border in the 750-plus-lb. weight categories. Last week was the first full […]

U.S. livestock: Hog futures rebound, slaughter pace still weak

Jan. 14, 2022 at 7:21 pm CST

By Tom Polansek

U.S. livestock: Hogs dip on concern over slower slaughter, heavier pigs

Jan. 13, 2022 at 6:36 pm CST

By Tom Polansek

U.S. livestock: Hog slaughter hits five-month low on Omicron spread

Jan. 12, 2022 at 6:23 pm CST

By Tom Polansek

U.S. livestock: CME cattle futures end higher in short-covering bounce

Jan. 11, 2022 at 6:53 pm CST

By Julie Ingwersen

Klassen: Feeder markets start 2022 with a roar

Jan. 11, 2022 at 3:12 am CST

Compared to late December, western Canadian yearling prices were quoted $6-$8 higher on average; however, fancier, lower flesh packages in the 850- to 900-lb. category were $10-$12 higher. Calf markets were quite variable. Early in the week, calf prices were relatively unchanged but markets were up $3-$6 by Friday. Ontario […]

By Jerry Klassen

U.S. livestock: Cattle, hogs sag on Wall Street woes, worker shortages

Jan. 10, 2022 at 8:09 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures closed lower on Monday, pressured by declines on Wall Street along with slowdowns at slaughterhouses due to worker shortages, traders said. CME February live cattle futures settled down 1.075 cents at 136.25 cents/lb., while March feeder cattle […]

By Reuters

U.S. livestock: CME live cattle, lean hogs fall on weaker slaughter

Jan. 7, 2022 at 5:23 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures fell on Friday as sluggish slaughter rates continue to drag on prices, traders said. “They’re both facing the same fundamental music – this slaughter disruption due to weather, labour tightness and COVID,” said Dennis Smith, commodity broker […]

By Christopher Walljasper

U.S. livestock: CME live cattle futures firm

Jan. 6, 2022 at 5:37 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures moved higher on Thursday, supported by cash cattle prices in the northern U.S. Plains, analysts said. “We’ve been under some pressure recently, but the cash trade was still at $138 to $140,” said Doug Houghton, technical analyst at Brock Capital […]

By Christopher Walljasper

U.S. livestock: CME live cattle down on lagging slaughter rates

Jan. 5, 2022 at 5:39 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased for a fifth consecutive session on Wednesday, pressured by lagging slaughterhouse production, analysts said. “We’re just not processing cattle fast enough. Some of the supply chain bottle necks that have affected the cattle market up to this point, they […]

By Christopher Walljasper