Insights and Stories on Beef

U.S. livestock: Weak pork demand knocks lean hogs to contract lows

May. 5, 2023 at 4:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank to contract lows on Friday on concerns over anemic U.S. demand for pork, analysts said. The dramatic price decline fueled projections among traders that hog farmers may reduce their herds, after losing money for months on each pig they […]

JBS opens cleaning unit after outside firm fined for hiring kids

May. 4, 2023 at 6:54 pm CDT

By Reuters

U.S. livestock: CME feeder cattle stumble to three-week low

May. 4, 2023 at 6:11 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle extend setback to six-week low

May. 3, 2023 at 7:49 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle hit five-week low

May. 2, 2023 at 7:06 pm CDT

By Tom Polansek

U.S. livestock: Live cattle, lean hogs turn lower

May. 1, 2023 at 7:43 pm CDT

The Chicago Mercantile Exchange’s most-active live cattle and lean hog futures turned lower Monday on a down day overall in livestock trade. CME June live cattle ended lower Monday after three consecutive days’ climb, at one point dipping below their 10-day moving average before closing at 164.875 cents/lb., down 0.6 […]

By Dave Bedard

U.S. livestock: Hog futures rise on cash market strength

Apr. 28, 2023 at 6:57 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday, supported by strength in the cash market and good overseas demand for pork, traders said. Cattle futures were mixed, with feeder cattle contracts easing on a round of profit-taking after setting new contract highs while live cattle contracts […]

By Reuters

U.S. livestock: Cattle futures firm as corn prices fall

Apr. 27, 2023 at 5:46 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures ended firm on Thursday as corn futures sank to a nine-month low. Falling corn prices raised prospects for reduced feeding costs, traders said. Hog futures weakened, pressured by a round of profit taking after hitting their highest since April 4. The […]

By Reuters

U.S. livestock: Cattle rise as corn prices drop

Apr. 26, 2023 at 4:44 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose Wednesday, supported by weakness in corn prices that boosted expectations for lower feeding costs, traders said. Hog futures rallied on strength in the cash markets. CME’s most-active June live cattle contract gained 0.55 cent, to 164.575 cents, rising above its […]

By Reuters

U.S. livestock: Live cattle, hogs mostly weaker

Apr. 25, 2023 at 3:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures contracts were mostly weaker on Tuesday, with ample supplies weighing on prices. Traders also noted pressure from poor cash market values and concerns about demand due to worries about the global economy. “There probably is a little bit […]

By Reuters