Insights and Stories on Beef

Aug. 14, 2024 at 5:14 pm CDT

Chicago Mercantile Exchange (CME) cattle futures rose on Wednesday on technical buying and increasing beef demand ahead of the upcoming U.S. Labor Day holiday, analysts said.

By Renee Hickman, Reuters

Aug. 13, 2024 at 5:38 pm CDT

Chicago Mercantile Exchange (CME) cattle futures rose on Tuesday with beef demand increasing ahead of the approaching Labor Day holiday and as corn futures dipped following the U.S. Department of Agriculture's weekly crop progress and condition report.

By Renee Hickman, Reuters

Aug. 13, 2024 at 10:34 am CDT

Overall, the calf market appeared to be more sensitive to the weakness in the deferred live cattle futures while buyers of yearlings were focused on securing ownership.  Ideas are that yearling supplies are down from year-ago levels and scarcity factor is driving the bullish enthusiasm.

By Jerry Klassen

Aug. 9, 2024 at 5:03 pm CDT

Chicago Mercantile Exchange (CME) livestock futures turned higher on Friday, as cattle futures rebounded from recent sharp drops in pricing amid a flurry of fund selling.

By P.J. Huffstutter, Reuters

Aug. 9, 2024 at 2:24 pm CDT

The Canadian Beef Advisors, comprised of national beef organizations, is celebrating achieving many of the goals in the 2020-24 National Beef Strategy.

By Alexis Kienlen