Insights and Stories on Beef Prices

U.S. livestock: Cattle futures drift lower as corn prices soar

Jun. 30, 2020 at 8:27 pm CDT

Chicago | Reuters — U.S. cattle futures closed modestly lower on Tuesday, pressured by a surge in Chicago Board of Trade (CBOT) corn futures that is likely to squeeze profit margins for livestock producers, traders said. “The rise in feed costs changes the dynamics in the industry. It cuts into […]

U.S. livestock: Cattle futures end lower ahead of weekend

May. 29, 2020 at 7:50 pm CDT

By Karl Plume

U.S. livestock: Live cattle end mostly lower as beef prices ease

May. 14, 2020 at 7:51 pm CDT

By Julie Ingwersen

U.S. livestock: Lean hog futures dip after belly prices dive

May. 13, 2020 at 6:48 pm CDT

By Julie Ingwersen

U.S. livestock: June live cattle limit up on soaring beef prices

May. 12, 2020 at 7:10 pm CDT

By Julie Ingwersen

U.S. livestock: Cash cattle, futures up on beef packer scrutiny

May. 8, 2020 at 7:27 pm CDT

Chicago | Reuters — U.S. live cattle futures rose on Friday along with cash prices as the federal government probed the beef market. The price of cattle in the cash market has rebounded since U.S. President Donald Trump on Wednesday said he had urged the federal Justice Department to look […]

By Tom Polansek

USDA to probe surging beef prices versus falling cattle prices

Apr. 8, 2020 at 9:11 pm CDT

Chicago | Reuters — The U.S. Agriculture Department will investigate why a surge in beef prices because of coronavirus-related hoarding did not translate into higher cattle prices for farmers, Agriculture Secretary Sonny Perdue said on Wednesday. The investigation adds scrutiny on the small group of meat companies such as Tyson […]

By Tom Polansek

U.S. livestock: Live cattle futures drop as pandemic roils markets

Apr. 6, 2020 at 5:41 pm CDT

Chicago | Reuters — U.S. live cattle futures plunged to their daily trading limit on Monday — with prices for the front-month contract hitting the lowest seen since December 2009 — as beef inventories remain robust with much of the U.S. restaurant industry shuttered due to the pandemic. April live […]

By P.J. Huffstutter

U.S. livestock: Hog futures hit 17-1/2-year low

Apr. 3, 2020 at 7:01 pm CDT

Chicago | Reuters — U.S. hog futures fell on Friday to the lowest point since late 2002 on tumbling pork prices and slowing slaughter rates as measures to control the COVID-19 coronavirus pandemic shuttered schools and restaurants and sent U.S. unemployment rates soaring. Cattle futures also dropped as wholesale beef […]

By Karl Plume

U.S. livestock: Cattle futures jump in end-of-month, -quarter rebound

Mar. 31, 2020 at 7:04 pm CDT

Chicago | Reuters — U.S. live cattle futures rallied by as much as the daily three-cent trading limit on Tuesday in an end-of-month and end-of-quarter profit-taking bounce following a steep drop fueled by concerns about the fast-spreading coronavirus and its economic impact. The recent dive in prices as governments imposed […]

By Karl Plume

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