Insights and Stories on Beef Cattle

Mar. 18, 2020 at 5:43 pm CDT

Chicago | Reuters — U.S. livestock futures fell on Wednesday, pressured by sharp declines in the equities markets and uncertainty about demand due to the COVID-19 coronavirus pandemic. The cattle and hog markets surged on Tuesday because of strength in the cash market after consumers cleared out grocery store shelves […]

By Mark Weinraub

Mar. 16, 2020 at 3:55 pm CDT

Chicago | Reuters — U.S. cattle futures plunged on Monday to their lowest in nearly a decade, with traders citing uncertainty about what the coronavirus pandemic will mean for long-term demand. Hog futures also were sharply lower, sinking to their lowest since October 2018. All fed cattle contracts and most […]

By Mark Weinraub

Mar. 13, 2020 at 6:14 pm CDT

Chicago | Reuters — U.S. lean hog futures fell their expanded daily limit on Friday on fears that the coronavirus pandemic could curb consumer demand for meat and threaten the workforce at slaughterhouses, traders said. “The germophobia is in full force,” said Don Roose, president of Iowa-based U.S. Commodities. Traders […]

By Julie Ingwersen

Mar. 11, 2020 at 6:23 pm CDT

Chicago | Reuters — U.S. live cattle futures fell on Wednesday, with several deferred months setting contract lows as fears of a global recession sent global equity markets tumbling and fueled uncertainty about consumer demand for beef, traders said. “The cattle market really follows what is going on with equities, […]

By Julie Ingwersen

Mar. 10, 2020 at 7:27 pm CDT

Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, following as Wall Street charged back from the prior day’s steep losses as the world’s biggest economies moved to cushion the impact of the coronavirus, traders said. The rally in global equity markets overshadowed bearish fundamentals in the […]

By Julie Ingwersen