Insights and Stories on Livestock

JBS plans to reopen Nebraska beef plant damaged in fire

Sep. 13, 2021 at 6:14 pm CDT

Chicago | Reuters — JBS USA on Monday halted production at a Nebraska beef plant that slaughters about five per cent of U.S. cattle due to a fire, but said the company expects to resume operations on Tuesday. The temporary closure highlighted concerns among lawmakers and ranchers that the U.S. […]

Upgraded Olymel hog plant’s second shift begins

Sep. 11, 2021 at 11:40 pm CDT

By Dave Bedard

U.S. livestock: CME hog futures fall as pork demand softens

Sep. 10, 2021 at 7:23 pm CDT

By Christopher Walljasper

U.S. livestock: CME hogs hit lowest in more than six months

Sep. 9, 2021 at 6:52 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle, hog futures fall

Sep. 8, 2021 at 7:03 pm CDT

By Mark Weinraub

China’s buyers expect Brazil’s beef back soon despite BSE cases

Sep. 7, 2021 at 8:34 pm CDT

Beijing | Reuters — Chinese beef importers said Monday the suspension of exports by top supplier Brazil due to two cases of BSE has had no immediate market impact, with some still making purchases in anticipation of a quick resumption of trade. Brazil said on Saturday it had confirmed two […]

By Dominique Patton Nayara Figueiredo

U.S. livestock: CME live cattle touch three-month lows

Sep. 7, 2021 at 5:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slid to three-month lows on Tuesday, as beef demand slows, leaving cattle producers with ample supply as packer demand softens, traders said. “Packers are bought for a long ways out — have a lot of inventory,” said Scott Varilek, broker […]

By Christopher Walljasper

Klassen: Optimistic fed cattle outlook supports feeder market

Sep. 7, 2021 at 1:51 pm CDT

Compared to last week, western Canadian feeder cattle markets traded $2-$4 higher. Strong demand was noted on yearlings, which spilt over into the lighter weight categories. Major feedlot operators in Alberta set the price structure, with aggressive orders flowing across the Prairies. Some operators have been holding back on purchases […]

By Jerry Klassen

Slaughter resumes at Olymel hog plant

Sep. 3, 2021 at 4:40 pm CDT

Hog slaughter resumed Friday at a major Quebec pork plant that had sat idle for over four months, as striking employees now return to work with a new six-year contract. The Olymel plant at Vallee-Jonction, south of Quebec City, restarted daytime and evening hog slaughter shifts Friday after “maintenance and […]

By Dave Bedard

U.S. livestock: CME live cattle lower as beef prices cool

Sep. 2, 2021 at 8:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday, on softening wholesale beef prices and a lack of supportive news, traders said. CME October live cattle settled down 1.525 cents at 126.05 cents/lb. after hitting 125.875, near the contract’s 100-day moving average and its lowest price […]

By Julie Ingwersen