Insights and Stories on Beef

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. […]

U.S. livestock: Live cattle weak on large May placements

Jun. 26, 2023 at 7:40 pm CDT

By Karl Plume

U.S. livestock: Feeder cattle rally as corn prices sag

Jun. 23, 2023 at 7:14 pm CDT

By Mark Weinraub

U.S. livestock: Cattle futures rise, hogs fall

Jun. 22, 2023 at 5:31 pm CDT

By Mark Weinraub

U.S. livestock: Feeder cattle down as corn extends rally

Jun. 21, 2023 at 7:30 pm CDT

By Mark Weinraub

U.S. livestock: Hogs rally to nine-month high; cattle ease

Jun. 20, 2023 at 6:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose to a nine-month high as a recent slowdown in the pace of slaughter limited the amount of retail supplies. Cattle futures were weaker on an expected seasonal slowdown and a round of profit-taking, traders said. CME July hogs jumped three […]

By Mark Weinraub

Taiwan formally opens to OTM Canadian beef

Jun. 19, 2023 at 3:51 pm CDT

Taiwan has officially lifted its import ban on Canadian beef and beef products from animals over 30 months of age (OTMs). Canada’s Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau announced the move Friday, saying Taiwan’s decision “will offer an opportunity to expand Canadian beef exports to Taiwan and […]

By Dave Bedard

U.S. livestock: CME live cattle up as beef prices climb

Jun. 16, 2023 at 7:09 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rose on Friday ahead of a long U.S. holiday weekend, supported by strong beef prices and profitable margins for beef packers, traders said. CME’s benchmark August live cattle contract settled up 0.65 cent at 171.725 cents/lb. (all figures […]

By Julie Ingwersen

U.S. livestock: CME live cattle inch higher in technical bounce

Jun. 15, 2023 at 7:22 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed modestly higher on Thursday on rising wholesale beef prices and a technical bounce after the benchmark August contract dipped to a two-week low. The cattle market has been consolidating after a surge to contract highs on June […]

By Julie Ingwersen

U.S. livestock: CME live cattle fall on technical selling

Jun. 14, 2023 at 7:41 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange fell on Wednesday on chart-based selling and expectations of a seasonal slowdown in beef demand in the coming weeks, traders said. CME benchmark August live cattle futures settled down 2.95 cents at 170.975 cents/lb., with technical selling accelerating […]

By Julie Ingwersen