Insights and Stories on Beef

U.S. livestock: Cattle futures sag as Wall Street indexes dip; hogs mixed

Jul. 18, 2024 at 5:54 pm CDT

Chicago Mercantile Exchange (CME) live cattle futures closed lower on Thursday on technical selling as well as declines in Wall Street equity markets that raised concerns about consumer demand for beef, analysts said.

From AIM: Perennial and annual grazing mixes go head-to-head

Jul. 18, 2024 at 2:01 pm CDT

By Lisa Guenther

U.S. livestock: Live cattle, lean hog futures turn higher as wholesale prices firm

Jul. 16, 2024 at 4:36 pm CDT

By P.J. Huffstutter Reuters

Klassen: Price discovery continues for feeder cattle fall run

Jul. 16, 2024 at 10:16 am CDT

By Jerry Klassen

U.S. livestock: CME feeder cattle futures firm, hog futures turn lower

Jul. 15, 2024 at 5:02 pm CDT

By P.J. Huffstutter Reuters

U.S. livestock: Cattle and hog futures up on strong wholesale prices

Jul. 12, 2024 at 5:33 pm CDT

Chicago Mercantile Exchange (CME) live and feeder cattle futures bounced on Friday as strong cash prices buoyed futures markets, traders said.

By Heather Schlitz Reuters

U.S. livestock: Lean hogs, feeder cattle turn higher on bargain buying

Jul. 11, 2024 at 5:23 pm CDT

Chicago Mercantile Exchange (CME) lean hog futures turned higher on Thursday on a spate of bargain-buying, after the most-active August contract LHQ24 set a new low during the session, traders said.

By Heather Schlitz Reuters

U.S. livestock: Hog futures close down the daily limit on oversupply

Jul. 10, 2024 at 4:20 pm CDT

CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.

By Heather Schlitz Reuters

U.S. livestock: Cattle futures lower on dip in consumer demand

Jul. 9, 2024 at 4:07 pm CDT

CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.

By Heather Schlitz Reuters

Klassen: Buyers tasting feeder cattle prices for fall run

Jul. 9, 2024 at 9:25 am CDT

For the week ending July 2, Western Canadian yearling prices were steady to $5 higher compared to seven days earlier for larger packages. Small groups of 800-pound-plus cattle were $10 to $15 discounted to pen-sized lots. Calf markets were relatively unchanged from the prior week, although volume was limited. There is significant open demand for yearlings and finishing feedlot operators are watching how prices develop.

By Jerry Klassen