Insights and Stories on Feeder Cattle

Oct. 1, 2024 at 9:55 am CDT

Strength in the deferred live cattle futures has spilt over into the feeder complex. Alberta and Saskatchewan placements in the lighter weight categories are down from year-ago levels which is resulting in stronger Alberta fed cattle basis levels for next spring.  These are the main factors influencing the calf markets in Western Canada.  

By Jerry Klassen

Sep. 26, 2024 at 3:23 pm CDT

Feeder and live cattle futures turned higher on Thursday, as technical trading, a steady cash market and weakness in grain futures gave cattle contracts a boost.

By P.J. Huffstutter, Reuters

Sep. 25, 2024 at 5:39 pm CDT

Mercantile Exchange live cattle futures ended mostly lower on Wednesday, consolidating a day after the benchmark December contract LCZ25 set a near two-month high.

By Julie Ingwersen, Reuters

Sep. 24, 2024 at 6:58 pm CDT

Benchmark December live cattle futures LCZ24 on the Chicago Mercantile Exchange climbed to their highest in nearly two months on Tuesday, supported by technical buying and a rosy outlook for beef demand tied to strength in Wall Street equity markets, analysts said.

By Julie Ingwersen, Reuters

Sep. 24, 2024 at 12:53 pm CDT

Ontario buying interest was evident in Manitoba yearling markets. U.S. buyers were more interested in lighter calves and were shopping for pre-conditioned groups of sizeable volume. Certain finishing operators in Alberta were more aggressive on grass yearlings after waiting for lower prices earlier in the season.

By Jerry Klassen