Insights and Stories on Feeder Cattle

Dec. 23, 2021 at 8:01 pm CST

Chicago | Reuters — U.S. hog futures touched a four-week high on Thursday before retreating and may rise further next week because of smaller-than-expected national inventory numbers, analysts said. The U.S. hog herd totaled 74.2 million head on Dec. 1, down four per cent from a year earlier, the U.S. […]

By Tom Polansek

Dec. 22, 2021 at 5:22 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped to their highest prices in about four weeks on Wednesday, while cattle futures also advanced. Futures could come under pressure early on Thursday from monthly U.S. Department of Agriculture data that showed frozen pork supplies on Nov. 30 were down […]

By Tom Polansek

Dec. 21, 2021 at 7:24 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Tuesday amid expectations the U.S. Department of Agriculture will confirm a smaller pig herd in a report due out on Thursday, analysts said. USDA, in its quarterly Hogs and Pigs report, is expected to show the herd was about […]

By Tom Polansek

Dec. 21, 2021 at 12:04 pm CST

Compared to last week, western Canadian feeder cattle prices traded $3-$4 on either side of unchanged. Small groups of various quality characterized sale volumes. There were a few packages of backgrounded yearlings that sold at decent levels. Finishing feedlots were fairly aggressive on groups in the 700- to 800-lb. category. […]

By Jerry Klassen

Dec. 20, 2021 at 6:22 pm CST

Chicago | Reuters — Chicago Mercantile Exchange livestock futures slumped on Monday as traders reduced risk in the face of rising coronavirus cases, brokers said. Selling hit a range of markets including crude oil, which lost more than three per cent, and U.S. stocks. “The risk-off trade is back today,” […]

By Tom Polansek