Insights and Stories on Beef

U.S. livestock: Hog futures rally on technical buying

Dec. 14, 2020 at 8:30 pm CST

Chicago | Reuters — U.S. lean hog futures rose 3.8 per cent on Monday, notching their biggest daily gain since September, in a technical bounce from the three-week low they hit on Friday, traders said. “We hit the bottom end of the range so we are just bouncing back,” said […]

U.S. livestock: Cattle rise on technical and bargain buying

Dec. 11, 2020 at 7:58 pm CST

By Karl Plume

U.S. livestock: Live cattle advance in bargain-buying bounce

Dec. 10, 2020 at 6:18 pm CST

By Karl Plume

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

Dec. 9, 2020 at 6:18 pm CST

By Karl Plume

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

Compared to last week, western Canadian yearling markets traded steady to $4 lower; midweight calves traded $3 lower to $3 higher and calves under 550 lbs. were relatively unchanged. Yearling supplies are limited at this time of year but demand is also hard to find. These cattle will come on […]

By Jerry Klassen

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

Dec. 4, 2020 at 6:50 pm CST

Chicago | Reuters — Live cattle futures fell on Friday as a third day of softer wholesale beef prices brought retailer demand into question, traders said. “Wholesale beef prices appear to have topped again and could head lower into the holidays, other than some late buying by retailers last minute,” […]

By Christopher Walljasper

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

Dec. 3, 2020 at 5:26 pm CST

Chicago | Reuters — Live cattle futures trimmed on Thursday as fears of additional pandemic closures weighed on the demand outlook, traders said. Chicago Mercantile Exchange February live cattle futures fell 1.35 cents to 112.575 cents/lb., the contract’s biggest decline in two weeks (all figures US$). CME January feeder cattle […]

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