Insights and Stories on Feeder Cattle

Klassen: Lower beef production supports cash feeder market

Sep. 15, 2021 at 5:22 pm CDT

Compared to last week, western Canadian yearling prices were relatively unchanged; calf prices traded $2 on either side of week-ago levels. December and February live cattle futures have dropped $8-$10 off the highs while feed grain values have remained firm. Buyers were on the defensive this past week, given the […]

U.S. livestock: CME hogs hit six-month lows

Sep. 14, 2021 at 5:40 pm CDT

By Tom Polansek

U.S. livestock: CME cattle drop as fire closes JBS plant

Sep. 13, 2021 at 6:27 pm CDT

By Tom Polansek

U.S. livestock: CME hog futures fall as pork demand softens

Sep. 10, 2021 at 7:23 pm CDT

By Christopher Walljasper

U.S. livestock: CME hogs hit lowest in more than six months

Sep. 9, 2021 at 6:52 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle, hog futures fall

Sep. 8, 2021 at 7:03 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures weakened Wednesday, with live cattle sagging to their lowest in three months on sluggish cash market activity, traders said. The hog market was pressured by concerns about demand in China, where high prices have slowed the consumption of pork. […]

By Mark Weinraub

U.S. livestock: CME live cattle touch three-month lows

Sep. 7, 2021 at 5:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slid to three-month lows on Tuesday, as beef demand slows, leaving cattle producers with ample supply as packer demand softens, traders said. “Packers are bought for a long ways out — have a lot of inventory,” said Scott Varilek, broker […]

By Christopher Walljasper

Klassen: Optimistic fed cattle outlook supports feeder market

Sep. 7, 2021 at 1:51 pm CDT

Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases […]

By Jerry Klassen

U.S. livestock: CME live cattle lower as beef prices cool

Sep. 2, 2021 at 8:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday, on softening wholesale beef prices and a lack of supportive news, traders said. CME October live cattle settled down 1.525 cents at 126.05 cents/lb. after hitting 125.875, near the contract’s 100-day moving average and its lowest price […]

By Julie Ingwersen

U.S. livestock: CME live cattle end up off six-session skid

Sep. 1, 2021 at 8:10 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher Wednesday on short-covering after a six-session decline and expectations of firming cash cattle prices, traders said. However, the rally was capped by falling wholesale beef prices, with the U.S. grilling season poised to wind down after Monday’s Labour […]

By Julie Ingwersen