Insights and Stories on Beef Cattle

Dec. 27, 2019 at 4:41 pm CST

Chicago | Reuters — U.S. hog futures dropped on Friday as pressure from large domestic supplies overshadowed an uptick in pork sales to China. Traders are keeping an eye on Chinese demand because China, the world’s biggest pork consumer, is grappling with a fatal pig disease, African swine fever. Farmers […]

By Tom Polansek

Dec. 20, 2019 at 6:43 pm CST

Chicago | Reuters — U.S. cattle producers placed more animals than expected into feedlots last month, U.S. Department of Agriculture data showed on Friday, raising expectations for big supplies next summer. The increase in placements will likely pressure futures prices on Monday, brokers said. Meat producers and buyers are keeping […]

By Tom Polansek

Dec. 19, 2019 at 4:10 pm CST

Chicago | Reuters — U.S. hog futures strengthened on Thursday as the U.S. Department of Agriculture reported shipments of U.S. pork to China last week reached their highest in at least 10 months. Traders and analysts are focusing on exports to China because it is the world’s top pork consumer […]

By Tom Polansek

Dec. 18, 2019 at 5:34 pm CST

Chicago | Reuters — U.S. live cattle futures ended mostly lower on Wednesday as the market retreated from contract highs reached this week. Feeder cattle and hog futures were also mostly weaker. Analysts predict meat packers such as Tyson Foods and JBS USA will buy fewer cattle over the next […]

By Tom Polansek

Dec. 17, 2019 at 5:03 pm CST

Chicago | Reuters — U.S. hog futures slipped on Tuesday, as uncertainty about details from the U.S.-China “Phase 1” trade agreement continued to make the market nervous, brokers said. Meanwhile, Chicago Mercantile Exchange (CME) live and feeder cattle futures continued to consolidate after Friday’s big price rally in the wake […]

By P.J. Huffstutter