Insights and Stories on Beef

U.S. livestock: Cattle futures lower, hogs mostly down on demand questions

Jul. 8, 2024 at 4:43 pm CDT

Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.

Feds announce $6 million beef marketing boost

Jul. 8, 2024 at 1:27 pm CDT

By Jeff Melchior

U.S. livestock: Live cattle futures continue rally on steady demand

Jul. 5, 2024 at 3:27 pm CDT

By Heather Schlitz Reuters

U.S. livestock: Cattle futures end higher in light pre-holiday trade

Jul. 3, 2024 at 5:34 pm CDT

By Julie Ingwersen Reuters

Klassen: Light volumes characterize feeder market

Jul. 2, 2024 at 9:36 am CDT

By Jerry Klassen

U.S. livestock: Cattle futures lower, hogs higher, on month-end positioning

Jun. 28, 2024 at 4:59 pm CDT

Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.

By P.J. Huffstutter Reuters

U.S. livestock: Hog futures turn lower ahead of USDA hog-pig report

Jun. 27, 2024 at 4:19 pm CDT

Chicago Mercantile Exchange lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that U.S. farmers had a slightly larger hog herd, traders said.

By P.J. Huffstutter Reuters

U.S. livestock: Livestock futures turn higher on technical trading, Midwest floods

Jun. 26, 2024 at 5:03 pm CDT

Chicago Mercantile Exchange lean hog futures turned higher on Wednesday as fund investors adjusted their positions and sought short-covering, even as many contracts set new lows for a second trading day, traders said.

By P.J. Huffstutter Reuters

U.S. livestock: Hogs set contract lows as traders await US herd data

Jun. 25, 2024 at 5:02 pm CDT

Analysts surveyed by Reuters project that quarterly USDA data will show the herd on June 1 was about 0.8 per cent bigger than a year earlier and that the number of pigs per litter was up 2.3 per cent in the March-May period.

By Reuters Tom Polansek

Klassen: Canadian heifer retention tightening feeder supply

Jun. 25, 2024 at 9:13 am CDT

Alberta and Saskatchewan heifer placements in the lighter weight categories are down from year-ago levels. Comments from ranchers and order buyers suggest that Western Canadian ranchers are holding back on heifers to expand the herd. This usually results in a narrowing of the steer/heifer spread.

By Jerry Klassen