Insights and Stories on Beef

U.S. livestock: CME lean hogs rise on China disease worries

Feb. 8, 2021 at 7:07 pm CST

Chicago | Reuters — U.S. lean hog futures rallied to new contract highs on Monday on rising concerns about the spread of a deadly pig disease in China, the world’s largest hog and pork market, and as wintry weather in the U.S. Midwest threatened to disrupt hog movement. The gains […]

U.S. livestock: CME hogs touch contract high for fourth straight day

Feb. 5, 2021 at 7:17 pm CST

By Tom Polansek

U.S. livestock: CME hogs touch contract high for third day

Feb. 4, 2021 at 7:17 pm CST

By Tom Polansek

U.S. livestock: Hogs set contract high on strong demand, lighter weights

Feb. 3, 2021 at 5:45 pm CST

By Tom Polansek

U.S. livestock: CME lean hog futures hit contract high

Feb. 2, 2021 at 6:59 pm CST

By Tom Polansek

U.S. livestock: Profit-taking hits live cattle futures

Feb. 1, 2021 at 5:13 pm CST

Chicago | Reuters — U.S. live cattle futures weakened on Monday on profit-taking and as the market pulled back from a one-year high reached last week, traders said. Strong demand for beef has supported cattle futures recently, and beef prices continue to rise. Choice cuts advanced $1.82, to $235.77/cwt, and […]

By Tom Polansek

U.S. livestock: Live cattle slide on end-month profit-taking

Jan. 29, 2021 at 7:13 pm CST

Chicago | Reuters — U.S. live cattle futures closed lower on Friday as traders booked profits at the end of the week and month, and as Wall Street equity markets declined, traders said. Lower-than-expected cash cattle trades added to bearish sentiment. Market-ready cattle traded in the cash market as high […]

By Julie Ingwersen

U.S. livestock: Live cattle end narrowly mixed

Jan. 28, 2021 at 7:06 pm CST

Chicago | Reuters — U.S. live cattle futures closed narrowly mixed on Thursday, with the benchmark April contract inching higher as strong wholesale beef prices continued to support the market, traders said. Chicago Mercantile Exchange April live cattle settled up 0.075 cent at 122.7 cents/lb. (all figures US$). But front-month […]

By Julie Ingwersen

U.S. livestock: Live cattle, lean hogs end lower on profit-taking

Jan. 27, 2021 at 7:30 pm CST

Chicago | Reuters — U.S. live cattle futures fell on Wednesday in a light profit-taking setback following a four-session climb, and on spillover weakness from declines in Wall Street equity markets, traders said. However, continued strength in wholesale beef prices and expectations of higher cash cattle prices this week underpinned […]

By Julie Ingwersen

U.S. livestock: Rising beef prices buoy CME live cattle futures

Jan. 26, 2021 at 8:11 pm CST

Chicago | Reuters — U.S. live cattle futures rose on Tuesday for a fourth straight session, with deferred months setting life-of-contract highs as robust demand for beef lifted packer profit margins and bolstered demand for market-ready cattle, traders said. Chicago Mercantile Exchange April live cattle futures settled up 0.15 cent […]

By Julie Ingwersen