Insights and Stories on Livestock

U.S. livestock: Futures up as meat production grows

Jun. 15, 2020 at 4:42 pm CDT

Chicago | Reuters — U.S. live cattle futures rose on Monday, after plunging to their lowest price in more than a month last week, amid signs of meat production increasing — even as cash market prices continue to strain livestock producers’ profits. Chicago Mercantile Exchange August live cattle rose 0.675 […]

U.S. livestock: Live cattle futures touch one-month low

Jun. 12, 2020 at 6:23 pm CDT

By Tom Polansek

U.S. livestock: Lean hog futures down on large supplies

Jun. 11, 2020 at 7:06 pm CDT

By Tom Polansek

U.S. livestock: Hogs weaken on expectations for abundant supplies

Jun. 10, 2020 at 7:46 pm CDT

By Tom Polansek

U.S. livestock: Live cattle set one-week highs in rebound

Jun. 9, 2020 at 6:27 pm CDT

By Tom Polansek

Klassen: Canadian feeder market divorces from U.S. values

Jun. 9, 2020 at 12:40 am CDT

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Lower volumes were on offer across the Prairies and the quality was quite variable at smaller sales. Many auction barns are in summer mode; however, there were decent volumes in the major feeding regions of Alberta. Strong feedlot […]

By Jerry Klassen

Elanco gets EU’s conditional antitrust OK for Bayer deal

Jun. 8, 2020 at 8:30 pm CDT

Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns about the US$7.6 billion deal. The European Commission said the companies will sell either Elanco or Bayer’s products or those […]

By GFM Staff Reuters

U.S. livestock: Live cattle stabilize, beef prices fall further

Jun. 8, 2020 at 7:26 pm CDT

Chicago | Reuters — U.S. live cattle futures stabilized on Monday after falling last week as beef prices weakened, traders said. The market is expected to remain under pressure as beef production continues to recover from disruptions in April and May linked to coronavirus outbreaks among workers at meatpacking plants. […]

By Tom Polansek

COVID concerns weigh on chicken farmers, processors

Jun. 6, 2020 at 3:04 am CDT

Ottawa — Chicken Farmers of Canada say they’ve faced a “sharp decline” in sales as a result of a significant drop in food services, which represents roughly 40 per cent of their market. CFC chair Benoît Fontaine warned federal MPs as much during a virtual meeting of the Commons standing […]

By D.C. Fraser

U.S. livestock: Live cattle down as slaughter recovers, beef prices sag

Jun. 5, 2020 at 8:19 pm CDT

Chicago | Reuters — U.S. live cattle futures fell on Friday, pressured by softening prices for market-ready cattle and declining packer profit margins as wholesale beef prices continue to slide, analysts said. Chicago Mercantile Exchange (CME) June live cattle futures settled down 1.825 cents at 93.9 cents/lb. and benchmark August […]

By Julie Ingwersen