Insights and Stories on Beef

Several countries ban Brazilian beef as BSE probe goes on

Mar. 2, 2023 at 6:44 pm CST

Sao Paulo | Reuters — The Brazilian agriculture ministry said on Thursday that Thailand, Iran and Jordan have temporarily suspended imports of beef from Brazil while authorities investigate a case of BSE in an animal from Para state, according to a statement sent to Reuters. The ministry also confirmed that […]

U.S. livestock: Cattle, hogs ease on weak exports

Mar. 2, 2023 at 6:03 pm CST

By Mark Weinraub

U.S. livestock: Cattle, hog futures drop but declines limited

Mar. 1, 2023 at 6:08 pm CST

By Mark Weinraub

U.S. livestock: Cattle futures strong

Feb. 28, 2023 at 4:41 pm CST

By Mark Weinraub

U.S. livestock: Cattle futures dip on profit-taking

Feb. 27, 2023 at 6:47 pm CST

By Mark Weinraub

U.S. livestock: CME live cattle consolidate after hitting new contract high

Feb. 24, 2023 at 7:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures consolidated on Friday after setting a string on contract highs recently, while lean hog futures eased. The cattle market looks ripe for a correction after futures rose this month on tightening U.S. supplies, brokers said. However, cattle inventories look even […]

By Tom Polansek

U.S. livestock: CME cattle set high on Brazil halting beef exports to China

Feb. 23, 2023 at 5:19 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a contract high on Thursday amid hopes that Chinese importers will buy more U.S. beef after rival supplier Brazil suspended shipments to China, analysts said. Brazil said it would halt beef exports to China, the main destination for its […]

By Tom Polansek

U.S. livestock: CME hog futures sag as pork prices retreat

Feb. 22, 2023 at 7:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Wednesday, retreating from six-week highs set a day earlier as wholesale pork prices backed down after spiking higher early in the week. Live cattle futures closed mixed, underpinned by surging beef prices. At the CME, April hogs […]

By Julie Ingwersen

Brazil to halt beef exports to China after BSE case

Feb. 22, 2023 at 7:16 pm CST

Sao Paulo | Reuters — Brazil’s beef exports to China will be halted starting Thursday after a case of bovine spongiform encephalopathy (BSE) was confirmed in the northern state of Para, the country’s agriculture and livestock ministry said on Wednesday. The suspension is part of an animal health pact previously […]

By Reuters

U.S. livestock: Cattle, hog futures climb

Feb. 21, 2023 at 8:13 pm CST

Chicago Mercantile Exchange (CME) cattle and hog futures came out of their U.S. Presidents Day break trading higher, with front-month live cattle posting eight-year highs. CME February 2023 live cattle touched 164.975 cents/lb. in Tuesday’s trade before closing at 164.75 cents, up 1.175 cents from Friday’s close and the highest […]

By Dave Bedard