Insights and Stories on Feeder Cattle

Nov. 8, 2021 at 5:59 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a two-month high on Monday amid expectations for solid demand for beef, traders said. Gains in cash cattle prices last week helped support futures, traders said. Meat packers killed an estimated 121,000 cattle at U.S. slaughtering plants on Monday, […]

By Tom Polansek

Nov. 2, 2021 at 9:01 am CDT

Compared to last week, Western Canadian yearling markets dropped $2 to $4 while calf prices sank $2 to as much as $6 on average. Rising feed grain prices set a negative tone. Adverse weather also contributed to lower bids, especially in the lighter weight categories. Most auction barns had feature […]

By Jerry Klassen

Oct. 26, 2021 at 8:58 am CDT

Compared to last week, western Canadian yearling markets were down $2-$5 while calves dropped by $3 to as much as $8. We’re now seeing some medium-quality calves weighing around 550 lbs. sell under the psychological $200 level in central Alberta. The market is lacking demand. Feedlot inventories are running 33 […]

By Jerry Klassen

Oct. 22, 2021 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell, pressured by a stagnant cash market and processing backups, traders said. CME December live cattle futures settled down 1.225 cents at 128.325 cents/lb. January feeder cattle futures eased 2.675 cents to end at 157.325 cents/lb. For the week, live […]

By Christopher Walljasper

Oct. 21, 2021 at 7:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for a third session on Thursday, pressured by weak export activity, traders said. CME December lean hog futures settled down 2.825 cents at 73.2 cents/lb., its biggest drop since Sept. 10 (all figures US$). CME February hogs ended down […]

By Christopher Walljasper