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Tag Archives feeder cattle


CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures advance after Trump calls off Mexico tariffs

By GFM Network News June 10, 2019
Chicago | Reuters — U.S. hog futures rose on Monday as traders were relieved President Donald Trump had called off plans to impose tariffs on imports of Mexican goods, which means no retaliatory duties by Mexico on U.S. products like pork. Live cattle futures rose by the daily price limit. Traders remained on edge about […] Read more

CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures end week on sour note

By GFM Network News June 7, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s plans to roll out tariffs on imports from Mexico next week. The trade worries come as U.S. supplies of both hogs […] Read more


CME August 2019 feeder cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Corn rally drags on feeder cattle futures

By GFM Network News June 6, 2019
Chicago | Reuters — A rally in corn prices sent feeder cattle futures sliding on the Chicago Mercantile Exchange (CME) on Thursday, while deferred live cattle futures inched upward earlier in the day on signs of short-covering, traders said. Corn futures were choppy early, as weather forecasts across the U.S. Midwest continued to show a […] Read more

CME September 2019 feeder cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle rally on corn futures slump

By GFM Network News June 5, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures continued to rally on Wednesday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. The burgeoning U.S.-Mexico trade fight pressured Chicago Board of Trade corn futures, despite a Reuters report that corn has been excluded from […] Read more


U.S. livestock: Warming weather, easing feed costs spur rallies
Livestock, Markets, Reuters

U.S. livestock: Warming weather, easing feed costs spur rallies

By GFM Network News June 4, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures rebounded on Tuesday as traders hoped that feed costs will remain under pressure following news U.S. buyers are importing corn from South America. Both live cattle and lean hog futures also rose amid a rally in the U.S. stock market and forecasts of warming […] Read more

(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market absorbs double-edged sword

By Jerry Klassen, GFM Network News June 4, 2019
Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. The feed grains market is writing the story for the feeder market. August feeder cattle futures lost $10 this past week and U.S. cash feeder prices were also down US$4-$6 compared to seven days earlier. Ideas are that […] Read more


CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Trade fights continue to batter live cattle, lean hogs

By GFM Network News June 3, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and lean hog futures fell for a second trading day on Monday — with live cattle futures hitting a near-10 month low — amid robust supplies and trade fights quelling export demand, traders said. But trade issues helped feeder cattle futures settle the day slightly […] Read more

CME August 2019 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog, cattle futures fall after Trump opens new front in trade war

By GFM Network News May 31, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Friday, pressured by fears that Mexico, a key importer of both U.S. beef and pork, will retaliate against President Donald Trump’s proposal to impose tariffs on imports from Mexico. The fresh trade concerns, coming at a time when U.S. supplies of both […] Read more


CME August 2019 feeder cattle, with CBOT July 2019 corn (orange line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures fall as corn rally boosts feeding costs

By GFM Network News May 30, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures closed mostly lower on Thursday, with a rally in the corn market pressuring livestock contracts, traders said. “It had a lot to do with corn going up,” said Doug Houghton, an analyst with Brock Associates Inc. “Feed costs are higher.” Feeder cattle futures notched […] Read more

CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures firm as cash market steadies

By GFM Network News May 29, 2019
Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by a steadying cash market, traders said. Cash cattle traded at $115 in Kansas on Tuesday (all figures US$). That was unchanged from a week earlier and came after five straight weeks of declines, said Rich Nelson, chief strategist with Allendale Inc. […] Read more


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