Insights and Stories on Livestock

U.S. livestock: Cattle up off three-week low in technical bounce

Dec. 13, 2021 at 7:42 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Monday, bouncing off a three-week low on technical buying, analysts said. CME February live cattle settled up 0.775 cent at 138.85 cents/lb., rebounding after a dip to 136.85 cents, just below the contract’s 40-day moving average and […]

U.S. packer profit margins jumped 300 per cent during pandemic, economists say

Dec. 10, 2021 at 8:04 pm CST

By Andrea Shalal

U.S. livestock: Hog futures extend rebound off 10-month low

Dec. 10, 2021 at 5:22 pm CST

By Mark Weinraub

U.S. livestock: Hog futures climb with pork prices

Dec. 9, 2021 at 5:19 pm CST

By Karl Plume

U.S. to lift BSE-related rules off sheep, goat imports

Dec. 9, 2021 at 3:39 am CST

By Dave Bedard

U.S. livestock: Cattle futures fall on weak cash markets

Dec. 8, 2021 at 6:35 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Wednesday, pressured by technical selling and signs of weakness in the cash markets, traders said. Hog futures were lower for the fourth day in a row, with the front-month contract sinking to its lowest in 10 months on […]

By Mark Weinraub

U.S. livestock: Hog and cattle futures fall

Dec. 7, 2021 at 5:01 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the third day in a row on Tuesday, hitting their lowest in more than a month. Cattle futures also were weaker, with weak profit margins weighing on the market. CME February lean hogs settled 1.675 cents lower at 76.55 […]

By Mark Weinraub

Klassen: Feeder market stabilizes

Dec. 6, 2021 at 8:37 pm CST

Compared to last week, western Canadian feeder cattle prices traded $2-$3 on either side of unchanged. Alberta packers were buying fed cattle on a dressed basis at $275 delivered; the Alberta fed market has rallied $10-$12 over the past couple weeks. Secondly, U.S. feeder cattle prices have also rallied US$10-US$12 […]

By Jerry Klassen

U.S. livestock: Hog futures fall on concerns over supply glut

Dec. 6, 2021 at 4:55 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures plunged four per cent on Monday, hitting their lowest level in nearly a month, as robust supplies threatened profits even as pork prices edged off their recent lows, traders said. Pork processors earned $22.90 per hog, down from $46.25 per hog […]

By Mark Weinraub

Strike averted at Cargill’s High River beef plant

Dec. 5, 2021 at 12:05 am CST

Workers at Cargill’s beef packing plant in southern Alberta have voted in favour of a contract that will hike wages by 21 per cent and provide improved health benefits. “The contract is the best of its kind and presented unprecedented gains in this time of economic and political uncertainty,” United […]

By Glenn Cheater