Insights and Stories on Beef

Klassen: Feeder market consolidates at historical highs

Jul. 11, 2023 at 12:11 pm CDT

For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches […]

U.S. livestock: CME cattle end higher on firm cash values

Jul. 10, 2023 at 7:23 pm CDT

By Karl Plume

U.S. livestock: CME live cattle climb on firmer cash market

Jul. 7, 2023 at 5:20 pm CDT

By Karl Plume

U.S. livestock: CME live cattle ease on weak cash market

Jul. 6, 2023 at 6:22 pm CDT

By Karl Plume

U.S. livestock: Cattle futures turn lower

Jul. 5, 2023 at 9:58 pm CDT

By Dave Bedard

U.S. livestock: CME feeder cattle firm on choppy corn trade

Jul. 3, 2023 at 5:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start of this holiday-shortened week, traders said. Meanwhile, the hog market ended the day mixed, with nearby contracts continuing to be […]

By P.J. Huffstutter

U.S. livestock: CME cattle up as corn prices slide

Jun. 30, 2023 at 7:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a three-week high on Friday, lifted by a surge in feeder cattle futures as corn prices tumbled, traders said. Tightening U.S. cattle supplies and a resilient beef market lent support, along with a strong close for the month and […]

By Julie Ingwersen

U.S. livestock: CME nearby hog futures up ahead of herd data

Jun. 29, 2023 at 7:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange nearby lean hog futures ended higher on Thursday, as wholesale pork prices rose, cash hog prices firmed and traders awaited quarterly hog data from the U.S. Department of Agriculture (USDA). Benchmark August hogs settled up 1.225 cents at 92.325 cents/lb. after reaching 93 […]

By Julie Ingwersen

U.S. livestock: Live cattle climb on firm cash markets

Jun. 28, 2023 at 7:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher for a second session on Wednesday, lifted by strength in the cash market tied to tightening U.S. cattle supplies, traders said, while tumbling corn prices lifted feeder cattle futures. CME August live cattle futures settled up 1.375 cents at […]

By Julie Ingwersen

U.S. livestock: Live cattle end higher, lean hogs mixed

Jun. 27, 2023 at 8:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday, rallying after a two-session slide as corn prices dropped and feeder cattle surged, but softening wholesale beef prices hung over the market, traders said. Benchmark CME August live cattle futures settled up 1.9 cents, at 172.5 cents/lb. […]

By Julie Ingwersen