Insights and Stories on Beef Cattle

Jul. 10, 2019 at 7:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures neared a three-week high on Wednesday, buoyed by a mix of technical buying and ideas that a glut of U.S. hog supplies was showing signs of tightening, traders said. Fears of an expansion in Asia of the African swine […]

By Julie Ingwersen

Jul. 10, 2019 at 1:56 pm CDT

Compared to last week, western Canadian feeder cattle prices were steady to $3 lower on average. Many auction barns were on holidays last week. Auctions that did hold sales had limited numbers on offer. The feeder market remains under pressure due to negative feeding margins, firm feed grain values and […]

By Jerry Klassen

Jul. 9, 2019 at 7:09 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures roared higher on Tuesday, with the most-active August and October contracts settling up by the daily three-cent-per pound limit on a mix of technical buying, firmer cash pork values and optimism about U.S. trade talks with China, traders said. […]

By Julie Ingwersen

Jul. 5, 2019 at 7:25 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange (CME) live cattle futures settled higher on Friday and set a one-month top, buoyed by higher cash cattle trades in northern states including Nebraska and Iowa, traders said. The U.S. Department of Agriculture (USDA) confirmed that more than 22,000 head of cattle traded […]

By Julie Ingwersen

Jul. 3, 2019 at 5:19 pm CDT

Reuters — Canada offered a plan to reassure China about the security of its meat export system, a Canadian minister said on Wednesday, as Ottawa rejected Chinese criticism of its efforts to enlist allies to resolve a diplomatic dispute between the countries. China said last week it wanted the Canadian […]

By David Ljunggren, Rod Nickel