Insights and Stories on Beef

U.S. livestock: Cattle futures rise as traders hope slaughterhouses reopen soon

Apr. 14, 2020 at 10:34 pm CDT

Chicago | Reuters — U.S. cattle futures rose Tuesday in a turnaround from recent losses, supported by a temporary easing of concerns over meat plants’ shutting due to cases of the COVID-19 coronavirus among workers, analysts said. Livestock markets have been fixated on shutdowns of meat plants because processing disruptions […]

‘Elbow to elbow:’ North America’s meat plant workers fall ill, walk off jobs

Apr. 13, 2020 at 11:21 pm CDT

By Rod Nickel Tom Polansek

China’s beef imports to drop as hotpot comes off the boil

Apr. 12, 2020 at 7:13 pm CDT

By Dominique Patton Sophie Yu

USDA to probe surging beef prices versus falling cattle prices

Apr. 8, 2020 at 9:11 pm CDT

By Tom Polansek

Alberta’s Harmony Beef halts slaughter on positive COVID-19 test

Mar. 27, 2020 at 5:58 pm CDT

By Kelsey Johnson Rod Nickel

U.S. livestock: Hogs limit down as grocery panic eases

Mar. 26, 2020 at 8:08 pm CDT

Chicago | Reuters — U.S. lean hog futures fell their daily three-cent limit on Thursday on signs that a consumer meat-buying frenzy has cooled, allowing traders to re-focus on plentiful U.S. hog and pork supplies, traders said. The benchmark June lean hog futures contract on the Chicago Mercantile Exchange settled […]

By Julie Ingwersen

Beef sector mobilizes against supply disruptions

Mar. 20, 2020 at 7:53 pm CDT

Teams of livestock and government officials are quickly creating plans and policies to keep the sector functioning during the COVID-19 pandemic, says the executive vice-president of the Canadian Cattlemen’s Association. “Our primary objective obviously is to insure there is stable beef production and trade that can continue under the situation […]

By Alexis Kienlen

Uncertainty drags on Canadian cattle markets

Mar. 17, 2020 at 6:51 pm CDT

Cattle markets have tumbled as a result of COVID-19, according to the senior analyst at Canfax. “Feeder markets are off pretty hard, some of them are off 15 to 20 cents a pound, this week,” Brian Perillat said Tuesday. “They have been depressed over the last month. Feedlots too. Fed […]

By Alexis Kienlen

U.S. livestock: Cattle, hogs rally after grocery stores depleted

Mar. 17, 2020 at 4:24 pm CDT

Chicago | Reuters — U.S. cattle and hog futures surged on Tuesday, fueled by strength in the cash market as the grocery sector looked to restock shelves following heavy buying during the weekend. Bargain buying also helped support the livestock market. Both live cattle and feeder cattle futures were recovering […]

By Mark Weinraub

U.S. livestock: Lean hogs, cattle limit down on coronavirus fears

Mar. 13, 2020 at 6:14 pm CDT

Chicago | Reuters — U.S. lean hog futures fell their expanded daily limit on Friday on fears that the coronavirus pandemic could curb consumer demand for meat and threaten the workforce at slaughterhouses, traders said. “The germophobia is in full force,” said Don Roose, president of Iowa-based U.S. Commodities. Traders […]

By Julie Ingwersen