Insights and Stories on Beef

U.S. Livestock: cattle futures fall after hitting record high

Jul. 20, 2023 at 4:22 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose to all-time highs on Thursday, with signs of strong export demand and good sales on the cash market supporting prices, traders said. But cattle prices closed lower on a round of profit-taking as traders took money off the table ahead […]

U.S. livestock: CME live cattle firm; remain near recent highs

Jul. 19, 2023 at 4:35 pm CDT

By Tom Polansek

US Livestock: live cattle rise on limited US supply, strong cash prices

Jul. 18, 2023 at 4:54 pm CDT

By Tom Polansek

Klassen: Feeder market continues climb

Jul. 18, 2023 at 1:26 pm CDT

By Jerry Klassen

U.S. livestock: CME August live cattle touch new high

Jul. 17, 2023 at 5:20 pm CDT

By Tom Polansek

U.S. livestock: CME cattle turn higher

Jul. 14, 2023 at 5:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned higher on Friday amid a flurry of technical trading, even as beef prices continued to see a seasonal downturn, traders said. Cash cattle market trades this week continued to be down $2-$3 per hundredweight (cwt), traders said (all figures […]

By P.J. Huffstutter

U.S. livestock: CME hog futures gain as pork prices rise

Jul. 13, 2023 at 7:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher on Thursday, buoyed by rising wholesale pork prices and firm cash hog values, traders said. The U.S. Department of Agriculture (USDA) quoted the wholesale pork carcass cutout at $110.90 per hundredweight (cwt), up 24 cents from Wednesday, and […]

By Julie Ingwersen

U.S. livestock: CME cattle down off contract highs on profit-taking

Jul. 12, 2023 at 7:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Wednesday on a round of profit-taking after most months climbed to life-of-contract highs, with a seasonal downturn in beef prices adding to bearish sentiment, traders said. Most-active August live cattle futures settled down 1.95 cents at 176.875 […]

By Julie Ingwersen

Brazil’s JBS reboots plan to list shares in New York

Jul. 12, 2023 at 4:41 pm CDT

Sao Paulo | Reuters — JBS SA, the world’s largest meat packer, on Wednesday proposed listing its shares in New York, hoping the move will bring its multiples closer to peers and that a broader investor base will give it more access to cheaper capital, sending its shares up eight […]

By Ana Mano roberto-samora

U.S. livestock: CME hogs rally as pork prices rise

Jul. 11, 2023 at 7:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Tuesday, bouncing after a three-session slide as wholesale pork prices rose and cash hog prices firmed, traders said, while tight cattle supplies sent futures to life-of-contract highs. CME August lean hogs settled up 3.4 cents at 97.575 […]

By Julie Ingwersen