Insights and Stories on Beef

U.S. livestock: Cattle futures extend losing streak

Aug. 27, 2020 at 6:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle dropped for the sixth day in a row on Thursday, with weakness in the cash market that stemmed from a glut of supplies spilling over into futures prices, traders said. Traders shrugged off signs of rising demand from China, which made its […]

U.S. livestock: Cattle, hog futures drop as supplies assessed

Aug. 26, 2020 at 6:25 pm CDT

By Mark Weinraub

U.S. livestock: Hog futures rise as pork supplies shrink

Aug. 25, 2020 at 6:24 pm CDT

By Mark Weinraub

U.S. livestock: Cattle futures fall as supplies grow more than expected

Aug. 24, 2020 at 4:21 pm CDT

By Mark Weinraub

U.S. livestock: Live cattle slide ahead of USDA report

Aug. 21, 2020 at 5:49 pm CDT

By Christopher Walljasper

U.S. livestock: Lean hogs up as slaughter pace reaches pre-COVID levels

Aug. 20, 2020 at 5:56 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Thursday as slaughter rates returned to levels not seen since processing plants closed from COVID-19 outbreaks among workers this spring. Live cattle futures fell as pre-Labour Day buying wound down and the industry awaited Friday’s monthly Cattle on […]

By Christopher Walljasper

U.S. livestock: Lean hog futures pull back on shaky demand

Aug. 18, 2020 at 6:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slid on Tuesday as traders eyed large seasonal hog supplies against uncertain domestic consumption and weak exports. CME October lean hogs settled 2.1 cents lower at 51.425 cents/lb. (all figures US$). “Supplies are large, and there’s always uncertainty about export […]

By Christopher Walljasper

U.S. livestock: Live cattle step back after eight-session climb

Aug. 17, 2020 at 6:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures pulled back on Monday in profit taking ahead of the U.S. Department of Agriculture’s Cattle on Feed report at the end of the week, traders said. Live cattle fell for the first day after eight sessions of gains. The pullback […]

By Christopher Walljasper

U.S. livestock: Live cattle rise on higher beef prices, grilling demand

Aug. 14, 2020 at 4:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to advance Friday, supported by increasing beef prices and expectations of continued meat demand going into the Labour Day weekend, traders said. Beef prices usually rise heading into the September holiday, when consumers often barbecue either at home or […]

By P.J. Huffstutter

U.S. livestock: Live cattle gain as slaughter rates, beef exports rise

Aug. 13, 2020 at 6:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to rally Thursday, holding to a nearly six-month peak in prices, as exports to China also grew, traders said. China was a big buyer of U.S. beef in the latest week, with sales of 1,927 tonnes for the period […]

By P.J. Huffstutter