Insights and Stories on Livestock

U.S. livestock: Profit-taking hits live cattle futures

Feb. 1, 2021 at 5:13 pm CST

Chicago | Reuters — U.S. live cattle futures weakened on Monday on profit-taking and as the market pulled back from a one-year high reached last week, traders said. Strong demand for beef has supported cattle futures recently, and beef prices continue to rise. Choice cuts advanced $1.82, to $235.77/cwt, and […]

U.S. livestock: Live cattle slide on end-month profit-taking

Jan. 29, 2021 at 7:13 pm CST

By Julie Ingwersen

Students get chance to ‘adopt’ a calf

Jan. 29, 2021 at 9:35 am CST

By Barb Glen

U.S. livestock: Live cattle end narrowly mixed

Jan. 28, 2021 at 7:06 pm CST

By Julie Ingwersen

Six die in liquid nitrogen leak at U.S. poultry plant

Jan. 28, 2021 at 5:02 pm CST

By Reuters

U.S. livestock: Live cattle, lean hogs end lower on profit-taking

Jan. 27, 2021 at 7:30 pm CST

Chicago | Reuters — U.S. live cattle futures fell on Wednesday in a light profit-taking setback following a four-session climb, and on spillover weakness from declines in Wall Street equity markets, traders said. However, continued strength in wholesale beef prices and expectations of higher cash cattle prices this week underpinned […]

By Julie Ingwersen

U.S. livestock: Rising beef prices buoy CME live cattle futures

Jan. 26, 2021 at 8:11 pm CST

Chicago | Reuters — U.S. live cattle futures rose on Tuesday for a fourth straight session, with deferred months setting life-of-contract highs as robust demand for beef lifted packer profit margins and bolstered demand for market-ready cattle, traders said. Chicago Mercantile Exchange April live cattle futures settled up 0.15 cent […]

By Julie Ingwersen

Klassen: Feeder cattle demand improving

Jan. 26, 2021 at 4:51 am CST

The feeder market received a shot of adrenaline last week as corn futures came under pressure while live cattle futures surged. During the first half of the week, western Canadian yearlings were quite sluggish and calf prices steady to $3 lower compared to seven days earlier. Some yearling packages moving […]

By Jerry Klassen

Denmark to compensate mink farmers after nationwide cull

Jan. 26, 2021 at 3:45 am CST

Copenhagen | Reuters — Denmark, the top exporter of mink furs, will compensate its mink farmers with up to 19 billion Danish crowns (C$3.95 billion) following an order last year to cull the country’s entire population. Denmark’s entire herd of some 17 million mink, one of the world’s biggest and […]

By Reuters

U.S. livestock: Live cattle end firm, led by rising beef prices

Jan. 25, 2021 at 8:09 pm CST

Chicago | Reuters — U.S. live cattle futures closed higher on Monday as support from strong wholesale beef prices and expectations of firm cash cattle prices overshadowed pressure from bearish data in a monthly cattle report released late Friday, traders said. Chicago Mercantile Exchange April live cattle futures settled up […]

By Julie Ingwersen