Insights and Stories on Beef

CME December 2023 live cattle, Sept. 20, 2023.

U.S. livestock: CME cattle end firm, consolidate below recent highs

Sep. 20, 2023 at 6:51 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday as the market consolidated just below life-of-contract highs touched a day earlier. Tightening U.S. cattle supplies remain a supportive backdrop to the market, but fresh bullish news was lacking, traders said. Wholesale beef prices fell, extending […]

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Sep. 19, 2023 at 8:54 pm CDT

By Dave Bedard

U.S. livestock: Chicago hogs turn upward

Sep. 19, 2023 at 7:51 pm CDT

By Dave Bedard

U.S. livestock: CME cattle touch contract highs on cash prices, tight supplies

Sep. 15, 2023 at 6:01 pm CDT

By Karl Plume

U.S. livestock: Tight supply drives CME live cattle to new highs

Sep. 14, 2023 at 7:20 pm CDT

By Tom Polansek

U.S. livestock: CME cattle futures ease in technical setback after highs

Sep. 13, 2023 at 5:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures retreated on Wednesday in a technical selling and profit-taking setback after hitting highs earlier in the week, traders said. Higher feed corn prices and a weak tone to the cash beef market added pressure, they said. “This is […]

By Karl Plume

U.S. livestock: CME cattle futures end mixed after hitting new highs

Sep. 12, 2023 at 5:22 pm CDT

Chicago | Reuters — Most of the Chicago Mercantile Exchange feeder and live cattle futures hit new contract highs again on Tuesday, as tight U.S. supplies and forecast of a strong cash market added fuel to a bull rally, traders said. But by the end of the session, both live […]

By P.J. Huffstutter

U.S. livestock: CME feeder cattle, deferred live cattle hit new highs

Sep. 11, 2023 at 6:25 pm CDT

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures hit new contract highs on Monday, as tight U.S. supplies going into next year continued to fuel the bull market, traders said. Even Chicago Mercantile Exchange’s October and December live cattle futures surged within $1 of their […]

By P.J. Huffstutter

U.S. livestock: CME feeder cattle, deferred live cattle set highs on tight supply

Sep. 8, 2023 at 5:41 pm CDT

Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures climbed to new peaks on Friday, as limited U.S. supplies continued to propel prices. Inventories of U.S. cattle dwindled to their lowest levels in decades after producers reduced their herds over the last year because drought reduced […]

By Tom Polansek

U.S. livestock: CME feeder cattle set contract high, live cattle hit July high

Sep. 7, 2023 at 6:10 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed to a July high on Thursday while feeder cattle set new contract highs. Tight supplies continue to support the markets, analysts said, after U.S. producers reduced their cattle herds over the last year as drought limited the availability of […]

By Tom Polansek