Insights and Stories on Beef Cattle

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U.S. livestock: CME lean hogs slide as U.S. dollar surges

Oct. 3, 2014 at 3:49 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower on Friday in response to the U.S. dollar’s surge to a four-year high which tends to drive up costs for U.S. exports, including meat, traders said. Positive U.S. monthly employment numbers helped send stocks on Wall Street up more […]

CME to shorten livestock futures electronic trading hours

Oct. 3, 2014 at 3:29 pm CDT

By Theopolis Waters

U.S. livestock: CME live, feeder cattle repeat record highs

Oct. 2, 2014 at 3:15 pm CDT

By Theopolis Waters

U.S. livestock: CME feeder cattle surge three-cent limit

Oct. 1, 2014 at 5:12 pm CDT

By Theopolis Waters

U.S. livestock: Profit-taking undercuts CME live cattle

Sep. 30, 2014 at 4:15 pm CDT

By Theopolis Waters

U.S. livestock: CME live cattle end higher, pare early losses

Sep. 29, 2014 at 4:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Monday, erasing early-session losses as they gained on short-covering and fund buying before the end of the quarter on Tuesday, traders and analysts said. October live cattle closed up 2.5 cents per pound at 160.95 cents, […]

By Theopolis Waters

Klassen: Feeder cattle market surges

Sep. 29, 2014 at 12:59 am CDT

Western Canadian feeder cattle prices surged $4-$6 per hundredweight (cwt) and in some cases as much as $10/cwt over the past seven days. Feedlot buyers became more aggressive in the market, now that corn silage season in southern Alberta is in the final stages. Favourable weather also enhanced buying interest, […]

By Jerry Klassen

U.S. livestock: Nearby CME live cattle close up three-cent limit

Sep. 26, 2014 at 5:09 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle nearby trading months closed up the maximum three-cents-per-pound daily price limit, driven by short-covering and fund buying, traders said. October and December finished at 158.45 and 162.1 cents/lb., respectively (all figures US$). Deferred contracts may have drawn support from the outlook […]

By Theopolis Waters

CFIA needs to improve pace of change for beef grading standards

Sep. 26, 2014 at 11:11 am CDT

The stars seem finally to be aligned to revise the Canadian beef-grading system, but don’t hold your breath waiting for it to happen. The last revision was in 1992 and a lot has changed since then. That in itself clearly has not been enough to force a change. The Canadian […]

By gren-winslow

U.S. livestock: CME hogs slump as Wall Street tumbles

Sep. 25, 2014 at 5:04 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs closed lower on Thursday, pressured by active U.S. stock market selling as the dollar surged to a four-year high, traders and analysts said. The strong dollar makes U.S. goods including pork less attractive to foreign buyers. Hog futures’ losses mounted after […]

By Theopolis Waters