Insights and Stories on Beef Cattle

May. 6, 2020 at 4:34 pm CDT

Chicago | Reuters — U.S. cattle and hog futures rose on Wednesday amid a flurry of technical buying — with some live and feeder cattle futures surging to daily trading limits — as investors said they were keeping a close eye on signs of packing plants reopening in the wake […]

By P.J. Huffstutter

May. 5, 2020 at 6:34 pm CDT

Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures […]

By Christopher Walljasper

May. 4, 2020 at 5:16 pm CDT

Chicago | Reuters — U.S. lean hog and live cattle futures closed higher on Monday, as meat processing facilities began to open after closures of more than 20 plants due to coronavirus illnesses among workers. Rising pork and beef cutout prices have also helped give futures a boost on Monday, […]

By Christopher Walljasper, P.J. Huffstutter

May. 1, 2020 at 7:29 pm CDT

Chicago | Reuters — U.S. live cattle futures closed higher on Friday after touching a three-week top, buoyed by firm cash cattle values and surging wholesale beef prices as labor shortages slow the U.S. slaughter pace, traders said. New-month buying by speculators may have also lent support, they said. Chicago […]

By Julie Ingwersen

Apr. 30, 2020 at 7:21 pm CDT

Chicago | Reuters — U.S. lean hog futures rose on Thursday as bullish weekly U.S. pork export data and rising wholesale prices overshadowed worries about a slowdown in the U.S. hog slaughter pace backing up hog supplies, traders said. “You’ve got a combination of export sales being strong (and) the […]

By Julie Ingwersen