Insights and Stories on Beef

U.S. livestock: Sizzling cash cattle prices ignite rally in CME futures

Apr. 6, 2023 at 4:18 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to contract highs on Thursday as cash prices soared, stoking concerns about tightening U.S. supplies. Meatpackers had to be aggressive in the cash market, brokers said, after ranchers have reduced their herds due to high feed costs and drought […]

U.S. livestock: CME cattle up on higher cash price expectations

Apr. 5, 2023 at 7:04 pm CDT

By Tom Polansek

U.S. livestock: CME cattle slide on profit-taking

Apr. 4, 2023 at 7:09 pm CDT

By Tom Polansek

McDonald’s reported laying off hundreds of corporate employees

Apr. 4, 2023 at 1:05 pm CDT

By Hilary Russ Jessica DiNapoli

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

Apr. 3, 2023 at 7:12 pm CDT

By Tom Polansek

U.S. livestock: CME hogs up in deferred months

Mar. 31, 2023 at 6:42 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a […]

By Tom Polansek

Beef sector rips ‘unjust’ result as talks wrap on U.K. entry to CPTPP

Mar. 31, 2023 at 1:31 pm CDT

Negotiations have concluded for the United Kingdom to join Canada and its 10 partner nations in the Trans-Pacific Partnership (CPTPP) trade pact, with Canada’s beef cattle sector already calling the results “fundamentally unjust.” Federal Trade Minster Mary Ng on Thursday announced the conclusion of negotiations, making the U.K. the first […]

By Dave Bedard

U.S. livestock: CME live cattle set contract high as cash prices jump

Mar. 30, 2023 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Thursday, with the front-month contract setting a new high, as cash prices climbed. Cash cattle trades of around $170-$171/cwt in western Nebraska and around $172/cwt in northwest Iowa ignited the rally in futures, analysts said (all figures US$). […]

By Tom Polansek

U.S. livestock: CME live cattle hit three-week peak on tightening U.S. supply

Mar. 29, 2023 at 5:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures marched to a three-week high on Wednesday on expectations for tighter U.S. supplies, analysts said. Feeder cattle futures also advanced, while lean hogs softened. Technical buying helped support live cattle, analysts said, after a drop near eight-week lows last week […]

By Tom Polansek

U.S. livestock: CME live cattle futures top two-week highs

Mar. 28, 2023 at 7:50 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped another two-week high on Tuesday before finishing slightly firmer, while lean hog futures ended lower. Technical buying helped support gains in cattle, as the market has rebounded after nearing a two-month low last week, brokers said. A smaller U.S. […]

By Tom Polansek