PHOTO: Lisa Guenther

Klassen: Feedlots scale down cattle purchases

For the week ending November 22, Western Canadian feeder cattle prices were steady to $10/cwt lower on average. Earlier in the week, the heavier weight categories came under pressure while cattle under 700 pounds held value. However, by Friday, all weight ranges exhibited a softer tone. Feedlots are coming to the realization that the fed […] Read more



Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

U.S. livestock: Cattle futures end limit down

Chicago live and feeder cattle futures fell by their limits on Monday following news of a Nebraska processing plant closure. All live cattle contracts fell by 7.250 cents. Most-traded June contracts settled at 201.725 cents a pound while February futures closed at 207.525 cents. Feeder cattle contracts dropped by their 9.250-cent limit. Most-traded March futures […] Read more







Photo: Geralyn Wichers

U.S. livestock: Cattle futures slide under pressure from weak cash prices

Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled under pressure from weakness in the cash market on Wednesday, traders said. Lean hog futures rebounded after sliding on Tuesday to their lowest level in about seven months. In the cash market, cattle traded at mostly $228 per hundredweight in southern […] Read more