Insights and Stories on Beef Cattle

Jul. 23, 2019 at 9:20 am CDT

Compared to last week, Western Canadian yearling prices were $3 to as much as $10 higher while calves traded $2 to $5 above week-ago levels.  Most auction barns remain in holiday mode; however, order buyers were extremely busy fielding calls for available cattle. This caused the yearling market in Western […]

By Jerry Klassen

Jul. 19, 2019 at 4:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures reached their highest prices in more than five weeks on Friday on expectations for increased pork demand from China, the world’s top importer. Live cattle futures ended higher after dropping to their lowest prices in more than a week. […]

By Tom Polansek

Jul. 18, 2019 at 8:02 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures reached their highest prices in about a month on Thursday on expectations of bigger pork imports by China, traders said. A recent rise in Chinese pork prices, linked to an outbreak of a fatal hog disease in Asia, is […]

By Tom Polansek

Jul. 17, 2019 at 6:51 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared by the daily limit and approached a one-month high on Wednesday on renewed hopes that China will increase pork imports to compensate for pigs killed in a widespread outbreak of a fatal swine disease. China’s agriculture ministry said a […]

By Tom Polansek

Jul. 16, 2019 at 5:56 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures slumped on Tuesday as concerns about declining beef prices continued to hang over the markets. Decreasing beef prices have spurred expectations that meat packers such as Tyson and Cargill may be less aggressive when bidding to […]

By Tom Polansek