Insights and Stories on Livestock

Jul. 22, 2020 at 5:09 pm CDT

Chicago | Reuters — U.S. live cattle futures closed lower on Wednesday as uncertainty about demand lingers, while dry conditions in the U.S. West have analysts worried about an influx of market-ready cattle in the coming weeks. “You look at pasture range and it is deteriorating very quickly,” said Ted […]

By Christopher Walljasper

Jul. 21, 2020 at 6:10 pm CDT

Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday for a second consecutive session after key contracts reached more-than-four-month highs last week as processors continued to cut into a surplus of market-ready cattle, traders said. Concerns about a piecemeal economic reopening as coronavirus cases flare up across […]

By Christopher Walljasper

Jul. 21, 2020 at 12:04 am CDT

The western Canadian feeder market was hard to define last week due to the small volumes. Small groups under 10 head were quite common and in many cases, one to three head were running through the ring. Discounts were quite severe on these stragglers; however, quality feeder cattle traded at […]

By Jerry Klassen

Jul. 20, 2020 at 5:19 pm CDT

Chicago | Reuters — U.S. live cattle futures closed lower on Monday, pulling back after a rally last week on signs that meatpackers may be working through backlogs of market-ready cattle, traders said. Although slaughter rates have returned to pre-coronavirus levels, cattle remain heavier after backing up in feedlots when […]

By Christopher Walljasper

Jul. 18, 2020 at 3:51 am CDT

Chicago | Reuters — Two of the world’s largest meatpackers said on Friday they have installed ultraviolet air cleaning equipment in some U.S. plants, as pressure mounts on food companies to protect workers amid growing concerns about airborne transmission of the coronavirus. JBS USA, owned by Brazil’s JBS SA and […]

By Tom Polansek