Insights and Stories on Beef

U.S. livestock: Hogs rise to four-month high on supply woes

Feb. 11, 2021 at 6:34 pm CST

Chicago | Reuters — U.S. hog futures rose for the seventh time in eight sessions on Thursday, hitting a four-month high on concerns about tight supplies, traders said. “There are a lot of empty barns out here,” Don Roose, president of U.S. Commodities in West Des Moines, Iowa said. Live […]

U.S. livestock: Live cattle down on profit taking

Feb. 10, 2021 at 6:22 pm CST

By Mark Weinraub

U.S. livestock: CME lean hogs end mixed after five-session rally

Feb. 9, 2021 at 7:37 pm CST

By Karl Plume

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

Feb. 8, 2021 at 7:07 pm CST

By Karl Plume

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

Chicago | Reuters — U.S. lean hog futures climbed on Thursday, setting a contract high for the third consecutive day on firm Chinese demand, traders said. Weekly U.S. pork export sales to China, the world’s top pork consumer, reached a three-month high of 17,873 tonnes in the week ended Jan. […]

By Tom Polansek

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

Feb. 3, 2021 at 5:45 pm CST

Chicago | Reuters — U.S. lean hog futures on Wednesday reached a contract high for the second consecutive day on strong demand and a decline in farm animal weights, analysts said. Average hog weights have declined as processors have cleared a backlog of hogs on farms that began last spring […]

By Tom Polansek

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

Feb. 2, 2021 at 6:59 pm CST

Chicago | Reuters — U.S. lean hog futures surged to a contract high on strong demand and technical buying on Tuesday, while cattle futures also advanced, analysts said. Chicago Mercantile Exchange April lean hog futures settled up 2.575 cents at 78.075 cents/lb. (all figures US$). The contract traded up to […]

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