Insights and Stories on Feeder Cattle

U.S. livestock: Lean hog futures notch contract highs

Apr. 1, 2021 at 8:07 pm CDT

Chicago | Reuters — U.S. lean hog futures rose on Thursday, with several contract months including the benchmark June setting life-of-contract highs on firm cash markets and strong demand for pork, traders said. Chicago Mercantile Exchange June lean hogs settled up 1.025 cents at 106.325 cents/lb., after recording a contract […]

Klassen: Feeder cattle market exhibits defensive tone

Mar. 31, 2021 at 8:41 pm CDT

By Jerry Klassen

U.S. livestock: Limit-up grains pressure feeder cattle, lean hogs

Mar. 31, 2021 at 8:12 pm CDT

By Christopher Walljasper

U.S. livestock: Lean hog futures rise as cash market firms

Mar. 30, 2021 at 7:26 pm CDT

By Julie Ingwersen

U.S. livestock: Firm beef prices lead cattle futures higher

Mar. 29, 2021 at 9:04 pm CDT

By Julie Ingwersen

U.S. livestock: Hog futures notch new highs on tight supply

Mar. 26, 2021 at 6:56 pm CDT

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange found life-of-contract highs for a second day on Friday after the U.S. Agriculture Department reported tight supplies in its quarterly hogs and pigs report after the close Thursday. CME April lean hogs settled up 1.125 cents at 100.8 […]

By Christopher Walljasper

U.S. livestock: Lean hog futures climb as processing slows

Mar. 24, 2021 at 5:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures continued higher on Wednesday, reaching a 6-1/2 year high as optimism for consumer demand increases against tighter hog supplies. CME April lean hogs closed 1.3 cents higher at 97.775 cents/lb., after notching a life-of-contract high at 97.925 cents, while the […]

By Christopher Walljasper

Klassen: Feeder market remains volatile

Mar. 23, 2021 at 7:19 pm CDT

Last week, western Canadian yearling markets were traded $2-$4 above week-ago levels from Monday through Wednesday; however, buyers backed away from the market on Thursday and Friday as feeder cattle futures fell nearly $7 from Wednesday’s high. By the end of the week, yearlings were relatively unchanged from week-ago levels. […]

By Jerry Klassen

U.S. livestock: Lean hog futures gain on tight supplies

Mar. 23, 2021 at 7:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed on Tuesday, marking the contract’s fifth gain in six days, pushed higher by increased demand for pork as restaurants reopen, while supplies remain low. “You have some supply-side influence on why the market is this good,” said Brad Kooima, […]

By Christopher Walljasper

U.S. livestock: Lean hogs ease but remain near highs

Mar. 22, 2021 at 7:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures stepped back on Monday but remained near recent highs as demand optimism persists, supported by tighter hog supplies. As the U.S. economy rebuilds and meat demand at restaurants increases into the summer, analysts expect supplies to remain tight for several […]

By Christopher Walljasper