Insights and Stories on Beef

U.S. livestock: CME live cattle ease, heat impacts in focus

Aug. 22, 2023 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a […]

U.S. livestock: CME live cattle climb on fewer feedlot placements

Aug. 21, 2023 at 5:55 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle recover from six-week low

Aug. 18, 2023 at 10:26 pm CDT

By Tom Polansek

U.S. livestock: October live cattle futures lowest since July

Aug. 17, 2023 at 6:55 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle set two-week low

Aug. 16, 2023 at 5:16 pm CDT

By Tom Polansek

U.S. livestock: Technical selling extends setback in CME lean hogs

Aug. 15, 2023 at 5:35 pm CDT

Chicago | Reuters — Chart-based selling drove Chicago Mercantile Exchange lean hog futures lower on Tuesday, brokers said, as the market extended a recent setback. Most-active October lean hog futures fell 0.95 cent, or 1.2 per cent, to settle at 78.2 cents/lb. and touched their lowest price since July 3 […]

By Tom Polansek

JBS posts quarterly loss on tight U.S. beef margins

Aug. 14, 2023 at 7:43 pm CDT

Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 […]

By Reuters

U.S. livestock: CME lean hogs down on technical selling

Aug. 14, 2023 at 6:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest level in six weeks on Monday on technical selling and ample U.S. supplies, brokers said. The market has pulled back after rising on Aug. 1 to its highest price since March. “Hogs are doing what they […]

By Tom Polansek

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Aug. 11, 2023 at 7:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies […]

By P.J. Huffstutter

U.S. livestock: CME cattle firm, hogs mixed

Aug. 10, 2023 at 6:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, buoyed by a round of technical support as the market remained near last week’s highs. Feeder cattle contracts also posted gains, while lean hog futures were mixed Traders said that tight supplies underpinned cattle futures prices despite […]

By Mark Weinraub