Insights and Stories on Beef

Meatpacker JBS’s plunging profit beats forecasts

Nov. 10, 2022 at 6:48 pm CST

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1 per cent, but results still beat analysts’ estimates as higher revenues helped offset shrinking margins in its U.S. beef division. The company posted a third-quarter net profit of 4.01 billion […]

U.S. livestock: CME cattle firm as grain markets pressured

Nov. 10, 2022 at 5:42 pm CST

By P.J. Huffstutter

U.S. livestock: CME live cattle settle lower as Wall Street slides

Nov. 9, 2022 at 6:47 pm CST

By Tom Polansek

U.S. livestock: CME lean hogs end lower, consolidate after rally

Nov. 8, 2022 at 8:35 pm CST

By Tom Polansek

U.S. livestock: CME lean hogs rally on bargain buying

Nov. 7, 2022 at 8:22 pm CST

By Julie Ingwersen

U.S. livestock: Cattle, hog futures rise on robust beef, pork demand

Oct. 21, 2022 at 6:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose on Friday, with strong consumer demand for pork and beef pushing prices higher, traders said. Live cattle received a boost from concerns about tight supplies. “The big thing on the cattle is that the beef market seasonally found […]

By Mark Weinraub

U.S. livestock: Live cattle futures extend gains

Oct. 20, 2022 at 4:43 pm CDT

Chicago | Reuters — Chicago Board of Trade live cattle contracts rose on Thursday, touching a fresh seven-year high, with tight supplies boosting cash market prices and lending support to futures. Hog futures eased after rising in five of the previous six sessions, but losses were kept in check by […]

By Mark Weinraub

U.S. livestock: Cattle, hog futures rise on cash market strength

Oct. 19, 2022 at 5:07 pm CDT

Chicago | Reuters — Chicago Board of Trade hog and cattle futures rose on Wednesday, following gains made in the cash market earlier this week, traders said. CME December lean hog futures gained 0.9 cent to settle at 87.375 cents/lb. (all figures US$). The contract faced technical resistance at the […]

By Mark Weinraub

U.S. livestock: Live cattle futures hit over seven-year high

Oct. 18, 2022 at 7:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose on Tuesday and the front-month contract hit its highest in more than seven years on strength in the cash market, traders said. Hog futures were also firm, with chart-based buying after contracts broke through key technical resistance points on […]

By Mark Weinraub

U.S. livestock: Live cattle, hog futures hit multi-week highs

Oct. 17, 2022 at 4:49 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog and live cattle futures rallied to multi-week highs on Monday. CME December lean hog futures rose 2.7 cents to settle at 84.95 cents/lb. (all figures US$). The contract peaked at 85.1 cents, its highest since Sept. 23, and rose above its 100-day […]

By Mark Weinraub