Insights and Stories on Livestock

U.S. livestock: CME live cattle extend rally as beef prices climb

May. 11, 2021 at 7:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday for a fifth straight session, led by high-flying wholesale beef prices, analysts said. Feeder cattle futures also advanced but gains were muted as corn futures rallied, signaling higher costs to bring cattle up to market-ready weight. CME […]

Klassen: Stronger fed cattle prices underpin feeder complex

May. 11, 2021 at 4:56 am CDT

By Jerry Klassen

Walmart locks in CRSB claim for in-store beef brand

May. 11, 2021 at 4:32 am CDT

By Dave Bedard

Don’t count chickens before they hatch: Tyson bet on wrong rooster

May. 10, 2021 at 5:26 pm CDT

By Tom Polansek

U.S. livestock: CME cattle gain as demand remains strong

May. 10, 2021 at 5:05 pm CDT

By Christopher Walljasper

U.S. livestock: CME cattle futures up on beef prices, demand

May. 7, 2021 at 8:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Friday on strong beef prices and demand for red meat that also catapulted margins for beef processors. Meat demand is high as federal stimulus checks have increased incomes and prompted consumers to spend more at supermarkets and restaurants, analysts […]

By Tom Polansek

U.S. livestock: Cattle, hog futures rise with wholesale meat prices

May. 6, 2021 at 7:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures climbed on Thursday as U.S. wholesale prices increased. Pork and beef are in high demand in supermarkets and restaurants as the distribution of federal stimulus checks has prompted consumers to spend more on food, analysts said. COVID-19 […]

By Tom Polansek

U.S. livestock: Hogs rally again on pork prices, supply woes

May. 5, 2021 at 8:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures extended a sharp rally on Wednesday, touching contract highs for the fourth consecutive day on limited supplies and strong pork prices. U.S. pork demand is strong as sales have benefited after households received additional COVID-19 pandemic relief money from the […]

By Tom Polansek

U.S. livestock: Hog futures extend rally on cash prices, tight supply

May. 4, 2021 at 7:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures hit contract highs for the third consecutive day on Tuesday as a strong cash market and tight supplies pushed up prices. Solid demand for pork has helped boost the market, with meat processors paying up to buy hogs from producers, […]

By Tom Polansek

Klassen: Cattle producers facing drought-like conditions

May. 3, 2021 at 9:16 pm CDT

Alberta packers were buying fed cattle on a dressed basis in the range of $262-$265 delivered this past week. Using a 60 per cent grading, the live price would be in the range of $157-$159. If a feedlot booked the bulk of its feed grains earlier in winter, feeding margins […]

By Jerry Klassen