Insights and Stories on Feeder Cattle

Oct. 13, 2021 at 4:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell to their lowest prices in about three weeks on Wednesday amid pressure from plentiful supplies, analysts said. Live cattle and feeder cattle futures also finished lower at CME. Hog supplies tend to increase in the autumn, pushing more pork […]

By Tom Polansek

Oct. 12, 2021 at 5:48 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Tuesday, after the U.S. Department of Agriculture slightly increased its forecasts for beef production this year and next year. USDA, in a monthly report, raised its 2021 estimate by 0.3 per cent from September because of higher […]

By Tom Polansek

Oct. 11, 2021 at 9:55 pm CDT

Compared to last week, western Canadian yearling prices were down $3-$5; calves traded $2-$6 below week-ago levels. The market has come under pressure for three main reasons. Cattle on feed inventories in Alberta and Saskatchewan are 36 per cent above the five-year average. Many feedlots are comfortable with ownership levels. […]

By Jerry Klassen

Oct. 11, 2021 at 8:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended mixed on Monday, as cattle prices began to see a seasonal bounce and cash cattle traders were expected to firm slightly this week, traders said. CME lean hog futures, meanwhile, slipped on technical trading and some signs of profit-taking, traders […]

By P.J. Huffstutter

Oct. 8, 2021 at 7:28 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures ended lower on Friday as profit-taking pressured the market after prices set a one-month high, traders said. The setback came after the most-active November contract had rallied more than six per cent from a four-month low set on Sept. 30. […]

By Tom Polansek