Insights and Stories on Beef

U.S. livestock: Short covering, bargain buying lift cattle, hog futures

Dec. 9, 2020 at 6:18 pm CST

Chicago | Reuters — U.S. live cattle futures firmed on Wednesday in a short-covering and bargain-buying bounce following four straight losing sessions that had dragged prices to 2-1/2-week lows. Lean hog futures also firmed on short covering and bargain buying, though livestock traders remained generally cautious as they monitor broadening […]

U.S. livestock: Live cattle futures follow cash prices, beef values lower

Dec. 8, 2020 at 6:38 pm CST

By Karl Plume

Klassen: Feeder market takes direction from live cattle futures

Dec. 8, 2020 at 1:38 am CST

By Jerry Klassen

U.S. livestock: Live cattle futures step back on demand uncertainty

Dec. 4, 2020 at 6:50 pm CST

By Christopher Walljasper

U.S. livestock: Cattle futures step back on demand uncertainty

Dec. 3, 2020 at 5:26 pm CST

By Christopher Walljasper

U.S. livestock: Live cattle futures gain on strong cash trade

Dec. 2, 2020 at 6:29 pm CST

Chicago | Reuetrs — Live cattle futures gained on Wednesday, supported by a firming cash cattle market as traders eye the consumer demand picture. Chicago Mercantile Exchange February live cattle futures added 0.75 cent to settle at 113.925 cents/lb. (all figures US$). Tighter cattle supplies could begin pushing cash markets […]

By Christopher Walljasper

U.S. livestock: Live cattle strengthen on demand outlook

Dec. 1, 2020 at 6:53 pm CST

Chicago | Reuters — Live cattle futures rose on Tuesday, supported by strong U.S. consumer demand and high wholesale beef prices, traders said. Chicago Mercantile Exchange February live cattle futures added 0.3 cent to 113.175 cents/lb. (all figures US$). CME cattle futures have been steady in recent weeks, recovering from […]

By Christopher Walljasper

Klassen: Feeder market stabilizes on demand hopes

Dec. 1, 2020 at 4:53 am CST

Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier; however, market reports were quite variable depending on the region and weight category. In most cases, prices for calves under 550 lbs. were $2 to as much as $10 higher while values in the heavier weight categories […]

By Jerry Klassen

U.S. livestock: Lean hog futures gain on strong pork demand

Nov. 30, 2020 at 7:11 pm CST

Chicago | Reuters — Lean hog futures gained on Monday as demand for pork keeps pace with strong production, traders said. Chicago Mercantile Exchange’s benchmark February lean hog futures contract settled 1.325 cents higher at 68.575 cents/lb. (all figures US$). “Demand must be good,” said Alan Brugler, president of Brugler […]

By Christopher Walljasper

U.S. livestock: Live cattle futures trim as traders weigh weak exports

Nov. 27, 2020 at 4:26 pm CST

Chicago | Reuters — Live cattle futures fell on Friday on profit-taking during a shortened holiday-trading day, while less-than-stellar weekly beef exports added pressure to livestock futures overall, traders said. Chicago Mercantile Exchange February live cattle futures fell for the first time in the past five trading sessions, ending the […]

By Christopher Walljasper