Insights and Stories on Beef

U.S. livestock: Hog futures fall for third day in a row

Oct. 22, 2020 at 3:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell for the third day in a row on Thursday, with traders saying they expected the recent surge of Chinese demand for pork to fade as the world’s top consumer rebuilds its decimated hog herd. “I increasingly see more attention […]

U.S. livestock: Cattle futures mixed

Oct. 21, 2020 at 4:36 pm CDT

By Mark Weinraub

U.S. livestock: Hogs fall on profit-taking, cattle firm on bargain buying

Oct. 20, 2020 at 4:16 pm CDT

By Mark Weinraub

U.S. livestock: Hog futures mixed, cattle drop

Oct. 19, 2020 at 6:54 pm CDT

By Mark Weinraub

U.S. livestock: Lean hog futures retreat from 11-month high

Oct. 16, 2020 at 6:09 pm CDT

By Tom Polansek

U.S. livestock: Lean hog futures climb to more than 10-month high

Oct. 15, 2020 at 7:25 pm CDT

Chicago | Reuters — U.S. lean hog futures on Thursday soared to their highest prices in more than 10 months, as meat demand continued to strain processor capacity and COVID-19 cases are rising in the United States, traders said. Thursday’s daily U.S. hog slaughter was 490,000 head — 2,000 fewer […]

By Christopher Walljasper

U.S. livestock: Lean hogs up on lower-than-expected inventory

Oct. 14, 2020 at 6:54 pm CDT

Chicago | Reuters — U.S. lean hog futures climbed on Wednesday as traders grappled with mounting confusion on lower-than-expected slaughter rates, traders said. Wednesday’s daily U.S. hog slaughter was 489,000 head — or 2,000 fewer than the same period last year, according to data published by the U.S. Department of […]

By Christopher Walljasper

U.S. livestock: Cattle futures rebound on wholesale strength

Oct. 13, 2020 at 7:04 pm CDT

Chicago | Reuters — U.S. live cattle futures rebounded on Tuesday, correcting after the biggest drop since June 30, amid a stronger wholesale market, traders said. Lean hogs stepped back for a second day, reflecting a softer cash market, while feeder cattle followed the cash market higher. Chicago Mercantile Exchange […]

By Christopher Walljasper

U.S. livestock: Futures slip on seasonal pressure

Oct. 12, 2020 at 8:19 pm CDT

Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by a softening in seasonal demand and the continued impact from backlogs at slaughterhouses, traders said. Lean hogs also eased on profit taking, while feeder cattle also followed live cattle for a loss. CME October live cattle futures […]

By Christopher Walljasper

U.S. livestock: Domestic demand boosts hog futures

Oct. 9, 2020 at 5:50 pm CDT

Chicago | Reuters — U.S. hog futures leapt to their highest price since May 2019 on Friday on strong domestic demand for pork, while feeder cattle futures tumbled to a three-month low. Gains in the swine market extend a rally driven by rising cash prices for hogs and demand from […]

By Tom Polansek