Insights and Stories on Beef Cattle

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U.S. livestock: Solid beef demand drives CME live cattle higher

Apr. 22, 2014 at 3:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained, supported by short-covering sparked by strong demand for beef at wholesale, traders and analysts said. Tuesday morning’s wholesale choice beef price, or cutout, climbed $2.26 per hundredweight (cwt) from Monday to $231.32 (all figures US$). Select cuts […]

U.S. livestock: Hog futures sink two per cent with sagging cash prices

Apr. 21, 2014 at 3:55 pm CDT

By Theopolis Waters

Klassen: Feeder cattle market flattens out

Apr. 20, 2014 at 11:59 pm CDT

By Jerry Klassen

U.S. livestock: CME hog futures climb, live cattle fall before holiday

Apr. 17, 2014 at 6:18 pm CDT

By Theopolis Waters

U.S. livestock: Pork price rebound rallies CME hogs

Apr. 16, 2014 at 3:01 pm CDT

By Theopolis Waters

U.S. livestock: Cash price uncertainty weakens CME live cattle

Apr. 15, 2014 at 3:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle turned lower, pressured by profit-taking and uncertainty regarding this week’s slaughter-ready or cash prices, traders said. Bullish participants see packers paying steady to higher money for cattle to be delivered during the first full slaughter week after the Easter holiday. They […]

By Theopolis Waters

U.S. livestock: Fund buying sends CME hogs mostly higher

Apr. 14, 2014 at 5:00 pm CDT

Chicago | Reuters — Most Chicago Mercantile Exchange hog contracts gained ground on Monday with help from fund buying and anticipation of reduced production in the weeks ahead, traders and analysts said. Some packing plants plan to be dark during the Easter holiday weekend, limiting their need for hogs. Processors […]

By Theopolis Waters

Klassen: Feeder cattle market remains strong

Apr. 12, 2014 at 9:04 pm CDT

Throughout the winter and early spring period, feeder cattle prices have been trending higher led by strength in beef values throughout the food processing chain. However, it appears consumer demand is now starting to ease, given historical high retail values. Restaurants are also cutting costs or serving smaller portions in […]

By Jerry Klassen

U.S. livestock: Fund buying extends CME live cattle gains

Apr. 11, 2014 at 3:52 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle gained for a fourth straight day on Friday on short-covering and fund buying after futures broke through technical resistance levels, traders said. April live cattle closed up 0.85 cents per pound to 144.85 cents, after topping the 10-day and 20-day moving […]

By Theopolis Waters

U.S. livestock: CME hogs, live cattle finish mostly lower

Apr. 10, 2014 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hogs settled mostly lower on Thursday following a choppy day of trading. Lead-month April hogs, which will expire on April 14, drew support from its discount to CME’s hog index at 128.62 cents (all figures US$). Profit-taking stirred by nervousness about market-ready, or […]

By Theopolis Waters