Insights and Stories on Beef Cattle

Apr. 16, 2020 at 7:43 pm CDT

Chicago | Reuters — U.S. live and feeder cattle futures jumped to one-week highs on Thursday as the markets extended rebounds after diving recently on concerns about the new coronavirus backing up livestock on farms. Hog futures remained under pressure from disruptions caused by the virus, which has shut pork […]

By Tom Polansek

Apr. 16, 2020 at 5:20 pm CDT

UPDATED, April 17 — Cases of COVID-19 have now been confirmed at three of Alberta’s major beef packing plants. Three cases of COVID-19 were confirmed Wednesday at the JBS beef packing plant in Brooks, said Tom Hesse, Local 401 president with United Food and Commercial Workers (UFCW) Canada. JBS Canada […]

By Alexis Kienlen

Apr. 15, 2020 at 10:12 pm CDT

Canada’s beef cattle producer groups and federal Conservatives want to see the revival of a BSE-era program to hold cattle back against the risk of further lost options for slaughter. The Canadian Cattlemen’s Association on Monday hearkened back to its March 24 list of recommendations to the federal government for […]

By GFM Staff

Apr. 15, 2020 at 6:16 pm CDT

Chicago | Reuters — U.S. cattle and hog futures advanced on Wednesday as the markets recovered slightly from recent losses that traders said had dropped prices too far below the cash markets. Futures prices have tumbled recently as major meat companies have shut slaughterhouses due to the spread of the […]

By Tom Polansek

Apr. 14, 2020 at 10:34 pm CDT

Chicago | Reuters — U.S. cattle futures rose Tuesday in a turnaround from recent losses, supported by a temporary easing of concerns over meat plants’ shutting due to cases of the COVID-19 coronavirus among workers, analysts said. Livestock markets have been fixated on shutdowns of meat plants because processing disruptions […]

By Tom Polansek