Insights and Stories on Livestock

U.S. livestock: Cattle futures mixed

Oct. 21, 2020 at 4:36 pm CDT

Chicago | Reuters — CME live cattle futures eased on Wednesday, retreating back toward seven-week lows hit on Monday after a bargain buying bounce fizzled as plentiful supplies remained the focus of investors. Feeder cattle futures were slightly higher following the front-month contract’s decline to its lowest since July 1 […]

Klassen: Weather, COVID, feed grains pressure feeder market

Oct. 20, 2020 at 7:21 pm CDT

By Jerry Klassen

U.S. livestock: Hogs fall on profit-taking, cattle firm on bargain buying

Oct. 20, 2020 at 4:16 pm CDT

By Mark Weinraub

U.S. livestock: Hog futures mixed, cattle drop

Oct. 19, 2020 at 6:54 pm CDT

By Mark Weinraub

U.S. livestock: Lean hog futures retreat from 11-month high

Oct. 16, 2020 at 6:09 pm CDT

By Tom Polansek

Manitoba cattle sector gets COVID-19 AgriRecovery

Oct. 15, 2020 at 11:57 pm CDT

Manitoba cattle producers whose usual markets for finished cattle were temporarily out of reach this spring and summer may now be able to offset some of the resulting extra feed bills. Federal Agriculture Minister Marie-Claude Bibeau and her Manitoba counterpart, Blaine Pedersen, on Thursday announced the 2020 Canada-Manitoba Finished Cattle […]

By Dave Bedard

U.S. livestock: Lean hog futures climb to more than 10-month high

Oct. 15, 2020 at 7:25 pm CDT

Chicago | Reuters — U.S. lean hog futures on Thursday soared to their highest prices in more than 10 months, as meat demand continued to strain processor capacity and COVID-19 cases are rising in the United States, traders said. Thursday’s daily U.S. hog slaughter was 490,000 head — 2,000 fewer […]

By Christopher Walljasper

Pilgrim’s Pride strikes deal over U.S. chicken price-fixing charges

Oct. 14, 2020 at 8:01 pm CDT

Reuters — U.S. poultry company Pilgrim’s Pride Corp. said Wednesday it will pay a US$110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on chicken products. The guilty plea makes Pilgrim’s Pride, mostly owned by Brazilian meatpacker JBS, the first U.S. chicken company to […]

By Reuters

U.S. livestock: Lean hogs up on lower-than-expected inventory

Oct. 14, 2020 at 6:54 pm CDT

Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 head — or 2,000 fewer than the same period last year, according to data published by the U.S. Department of […]

By Christopher Walljasper

JBS parent pleads guilty to U.S. foreign bribery charges

Oct. 14, 2020 at 5:01 pm CDT

New York/Rio de Janeiro | Reuters — Brazil’s J+F Investimentos, parent company of the world’s largest meatpacker, JBS, pleaded guilty to U.S. foreign bribery charges and agreed to pay US$128.25 million in criminal fines, prosecutors said on Wednesday. J+F is paying only half of the $256.5 million fines levied due […]

By Jody Godoy Sabrina Valle