Insights and Stories on Live Cattle

U.S. livestock: CME cattle up on firm cash market, beef prices

Aug. 18, 2021 at 4:32 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange firmed on Wednesday on higher cash cattle and beef prices, while feeder cattle gained as rains were forecast to hit drought-parched grazing pastures in the western Midwest and northern Plains, traders said. The U.S. Department of Agriculture (USDA) […]

U.S. livestock: Lean hogs, live cattle end lower on uncertain demand

Aug. 17, 2021 at 6:44 pm CDT

By Julie Ingwersen

Klassen: Strong demand underpins yearling market

Aug. 16, 2021 at 10:47 pm CDT

By Jerry Klassen

U.S. livestock: CME lean hogs climb on strong cash

Aug. 16, 2021 at 7:18 pm CDT

By Julie Ingwersen

Klassen: Drought conditions spur on fall cattle run

Aug. 3, 2021 at 9:01 am CDT

By Jerry Klassen

Klassen: Feed barley rally pressures feeder cattle market

Jul. 27, 2021 at 10:13 am CDT

Compared to last week, Western Canadian yearling steers traded $4 to $8 lower while heifers were down $2 to $4. Calves traded $5 to as much as $10 below week-ago levels. Feed barley in the Lethbridge area traded in the range of $390/tonne to as high as $415/tonne, up $25-$30/tonne […]

By Jerry Klassen

U.S. livestock: Cattle futures gain

Jul. 23, 2021 at 5:35 pm CDT

Chicago | Reuters — CME feeder cattle futures firmed on Friday, bolstered by lower corn and wheat markets that may translate into eased feed costs, traders said. CME live cattle also gained and are expected to firm next week as the trade digests the U.S. Department of Agriculture’s monthly cattle […]

By Reuters

U.S. livestock: Live cattle up on export demand

Jul. 22, 2021 at 6:35 pm CDT

Chicago | Reuters — CME cattle futures firmed on Thursday, supported by strong export demand for U.S. supplies, traders said. Hog futures were narrowly mixed, with the nearby contract firm on good weekly exports while deferreds eased on technical selling. CME August lean hog futures gained 0.075 cents to 106.65 […]

By Reuters

U.S. livestock: CME cattle, hog contracts end firm

Jul. 21, 2021 at 5:29 pm CDT

Chicago | Reuters — CME cattle and hog futures rose on Wednesday, supported by concerns about near-term supplies, traders said. Analysts were expecting a U.S. Agriculture Department report on Friday to show that the number of cattle on feed as of July 1 was 99 per cent of the year-earlier […]

By Reuters

U.S. livestock: CME lean hogs firm on strong pork demand

Jul. 20, 2021 at 4:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Tuesday on short-covering and continued firmness in the wholesale pork market, traders said. “August seems like its anchored by what’s going on in the cutout,” said Altin Kalo, economist at Steiner Consulting Group. “They’ve been surprised by the […]

By Christopher Walljasper