Insights and Stories of P.J. Huffstutter

May. 30, 2024 at 5:33 pm CDT

Chicago Mercantile Exchange (CME) cattle futures turned lower for a second trading session on Thursday, even as the tight U.S. cattle supply and strength in the beef cutout values offered support, analysts said.

By P.J. Huffstutter, Reuters

May. 29, 2024 at 5:03 pm CDT

Processor JBS said on Wednesday that Beijing blocked U.S. beef shipments from the company's plant in Greeley, Colorado, because traces of the feed additive ractopamine were identified in beef destined for China.

By P.J. Huffstutter, Reuters, Tom Polansek

May. 29, 2024 at 4:58 pm CDT

Chicago Mercantile Exchange (CME) cattle futures turned lower on Wednesday amid news that China has blocked U.S. beef exports coming from a JBS-owned plant in Colorado because traces of the feed additive ractopamine were identified in beef destined for China.

By P.J. Huffstutter, Reuters

May. 28, 2024 at 4:46 pm CDT

Chicago Mercantile Exchange (CME) cattle futures turned higher on Tuesday on technical trading and market anticipation that packers increase buying on a shortened holiday week, analysts said.

By P.J. Huffstutter, Reuters

May. 24, 2024 at 5:05 pm CDT

Chicago Mercantile Exchange live cattle futures ended mixed on Friday, amid growing uncertainty over packer interest after the U.S. Memorial Day holiday weekend, traders said.

By P.J. Huffstutter, Reuters