Insights and Stories on Beef Cattle

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U.S. livestock: Beef quotes boost CME live cattle futures

Nov. 12, 2014 at 4:17 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday following a snapback in wholesale beef prices, traders said. December closed up 0.5 cent per pound at 167.75 cents, and February 1.175 cents higher at 169.575 cents (all figures US$). The morning’s choice wholesale beef price […]

U.S. livestock: CME hogs futures end higher with pork prices

Nov. 11, 2014 at 6:59 pm CST

By Theopolis Waters

U.S. livestock: Weather talk extends CME hog futures advances

Nov. 10, 2014 at 3:29 pm CST

By Theopolis Waters

Klassen: Healthy feeding margins support feeder cattle market

Nov. 9, 2014 at 10:42 am CST

By Jerry Klassen

U.S. livestock: CME live cattle, hogs finish strong for the week

Nov. 7, 2014 at 2:50 pm CST

By Theopolis Waters

U.S. groups suing FDA over ractopamine approvals

Nov. 7, 2014 at 2:24 pm CST

Chicago | Reuters –– A group of environmental and public health groups sued the U.S. Food and Drug Administration on Thursday, seeking to set aside the agency’s approvals for feed additives containing ractopamine that are used to boost the weight of cattle and pigs. The groups, in two related lawsuits […]

By P.J. Huffstutter

Australia, China on track to sign lucrative cattle deal

Nov. 6, 2014 at 4:19 pm CST

Sydney / Reuters – Australia will export up to 1 million head of cattle a year to China, worth around A$1 billion ($856 million), to meet booming demand for red meat under a long-awaited deal set to be signed shortly, Australian officials said on Friday. Shipping live animals from Australia to China has been discussed for […]

By Reuters

Merck takes steps to return Zilmax to cattle market

Nov. 5, 2014 at 4:17 pm CST

Reuters — Merck & Co. is taking steps to resume sales of its controversial cattle feed additive Zilmax by changing the way the drug is administered, hoping to recapture some market share in the beef industry, where the U.S. herd has the fewest animals in more than 60 years. The […]

By P.J. Huffstutter

Klassen — feeder cattle market reflects mixed tone

Nov. 3, 2014 at 9:13 am CST

Western Canadian feeder cattle prices reflected a mixed tone over the past week with values $3 to $5 higher on vaccinated preconditioned calves; unvaccinated calves just off their mothers were $3/cwt to as much as $10/cwt lower in some cases. Yearling prices were also quite variable by as much as […]

By Jerry Klassen

U.S. livestock: CME live cattle futures end lower on weaker cash trade; hogs edge up

Oct. 31, 2014 at 4:44 pm CDT

Chicago / Reuters – Chicago Mercantile Exchange live cattle ended lower on Friday, pressured by lower cash cattle prices and weaker overall commodities market, traders said. “The morning beef prices were not good, but commodities in general had a rough day and cattle aren’t immune to those changes,” said Dominic Varricchio, commodities broker at Schwieterman, […]

By Meredith Davis