Insights and Stories on Beef Cattle

Apr. 23, 2020 at 3:20 pm CDT

Reuters — A Tyson Foods unit said Thursday it will temporarily halt production at a beef facility at Pasco, Washington, adding to the meat processing plant the company has had to shutter as it tests workers for COVID-19. Tyson said Wednesday it was closing two pork processing plants, including its […]

By Reuters

Apr. 22, 2020 at 4:39 pm CDT

Chicago | Reuters — U.S. hog and live cattle futures eased on Wednesday, with the cash market for the animals weak as processing plants were forced to shut down due to the coronavirus outbreak, traders said. Tyson Foods will indefinitely suspend operations at its largest U.S. pork plant to contain […]

By Mark Weinraub

Apr. 21, 2020 at 5:06 pm CDT

Chicago | Reuters — CME Group hog futures advanced for the second day in a row on Tuesday, with supplies remaining tight due to shutdowns at slaughterhouses due to the coronavirus pandemic. Cattle futures were weaker, pressured by a sharp drop in equity markets. “Cattle are more closely tied with […]

By Mark Weinraub

Apr. 20, 2020 at 5:42 pm CDT

Chicago | Reuters — U.S. hog futures rallied on Monday, with supply expected to tighten after another slaughterhouse was shut down due to the coronavirus pandemic, traders said. “If we have packers up and running we know we have the domestic demand,” said Ted Seifried, chief market strategist for Zaner […]

By Mark Weinraub

Apr. 17, 2020 at 7:18 pm CDT

Chicago | Reuters — U.S. live and feeder cattle futures ended mixed on Friday, with nearby contracts pressured by coronavirus-related disruptions at packing plants, while hopes for a reopening of the economy lifted deferred contracts. Actively traded June live cattle ended higher on the week, for a second straight week, […]

By Christopher Walljasper