Insights and Stories on Beef

U.S. livestock: CME cattle futures turn lower on profit-taking

Feb. 5, 2024 at 5:05 pm CST

Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.

Total US cattle herd drops to lowest level since 1951 – USDA

Feb. 2, 2024 at 9:37 am CST

By Reuters Tom Polansek

Klassen: Positive fed outlook buoys feeder market

Jan. 30, 2024 at 9:18 am CST

By Jerry Klassen

U.S. livestock: CME cattle futures ease on profit-taking after 2-1/2-month peak

Jan. 29, 2024 at 5:56 pm CST

By Julie Ingwersen Reuters

CCA disappointed, not surprised by breakdown in trade talks

Jan. 26, 2024 at 9:55 am CST

By Geralyn Wichers

Klassen: Feeder market holds value despite negative margins

Jan. 23, 2024 at 11:32 am CST

Calf markets appeared to trade $2 to $3 above week-ago levels on average. Feedlot margins on current pen close-outs are negative $300 to $350 per head but replacement markets haven’t missed a beat. Finishing feedlots were once again bidding aggressively on backgrounded cattle with fleshier types experiencing limited slippage. Larger pen sized groups were on the higher end of the priced spectrum with buyers avoiding smaller packages.

By Jerry Klassen

Beef marks GHG drop: report

Jan. 22, 2024 at 4:41 pm CST

Producing a kilogram of boneless beef cuts today involves 15 per cent fewer greenhouse gas emissions than in 2014, according to the recently released National Beef Sustainability Assessment (NBSA) and Strategy report.

By Jeff Melchior

U.S. livestock: Cattle, hogs sag as traders track US slaughtering

Jan. 19, 2024 at 5:06 pm CST

Chicago Mercantile Exchange cattle futures eased on Friday as the market retreated from November highs, and hog futures also closed lower.

By Reuters Tom Polansek

U.S. livestock: Follow-through buying carries CME cattle to eight-week highs

Jan. 18, 2024 at 5:33 pm CST

Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.

By Reuters Tom Polansek

U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter

Jan. 17, 2024 at 5:03 pm CST

Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.

By Reuters Tom Polansek