Insights and Stories on Livestock

U.S. livestock: CME cattle, hogs end down on profit-taking

Dec. 3, 2021 at 7:23 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and hog futures ended lower on Friday as profit-taking hit the livestock markets ahead of the weekend, traders said. Live cattle futures consolidated after setting contract highs this week, traders said. Most-active CME February live cattle finished 0.625 cent […]

U.S. livestock: CME live cattle, hogs up with export demand

Dec. 2, 2021 at 7:33 pm CST

By P.J. Huffstutter

U.S. livestock: CME cattle, hog futures finish higher

Dec. 1, 2021 at 5:40 pm CST

By Tom Polansek

Cargill beef plant workers to vote on new negotiated offer

Dec. 1, 2021 at 4:59 pm CST

By Dave Bedard

U.S. livestock: CME live cattle fall from highs as Omicron rattles markets

Nov. 30, 2021 at 8:34 pm CST

By Tom Polansek

Klassen: Feeder market making seasonal lows

Nov. 30, 2021 at 5:28 am CST

Compared to last week, western Canadian feeder markets were down $2-$4 on average. Prices for feeder cattle in the eastern Prairie regions were relatively unchanged from seven days earlier; however, values in Alberta and western Saskatchewan were down $4 to as much as $8 in some cases. This variation made […]

By Jerry Klassen

U.S. livestock: Cattle post new highs, retreat on profit-taking

Nov. 29, 2021 at 7:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to multi-year highs on Monday but closed lower as profit-taking and technical selling clipped gains, traders said. The spread of a new coronavirus variant sparked demand worries as livestock traders feared renewed restrictions on travel and restaurant occupancy. But […]

By Karl Plume

U.S. livestock: CME live cattle futures set new contract highs

Nov. 26, 2021 at 6:53 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set new highs on Friday and finished stronger on technical buying and firm cash prices, traders said. The front-month December contract and most-active February 2022 contract avoided losses seen in commodities such as crude oil and soybeans that were unnerved […]

By Tom Polansek

Cargill serves lockout notice on High River workers

Nov. 25, 2021 at 7:45 pm CST

Updated — Whether in a strike or a lockout, workers at one of Canada’s biggest beef slaughter plants took another step toward the picket line this week by voting to reject the company’s latest contract offer. A vote conducted Tuesday and Wednesday by the United Food and Commercial Workers (UFCW) […]

By Dave Bedard

U.S. livestock: Live cattle hit fresh high

Nov. 24, 2021 at 5:32 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose for a sixth consecutive session on Wednesday, and the front-month contract touched its highest point in four-and-a-half years, on higher cash market prices and strong beef demand. Most contracts posted life-of-contract highs, extending a multi-session rally, amid rising […]

By Karl Plume