Insights and Stories on Beef

U.S. livestock: CME hog futures rise on export prospects

May. 23, 2022 at 4:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Monday, with the front-month contract hitting its highest since April 22, on expectations for a pick-up in demand from top pork consumer China, traders said. The most-active July hog futures contract ended firm for the sixth time in the […]

U.S. livestock: August live cattle, feeders ease on USDA report

May. 20, 2022 at 7:11 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle mixed as traders await USDA data

May. 19, 2022 at 6:22 pm CDT

By Tom Polansek

U.S. livestock: CME cattle fall with equities

May. 18, 2022 at 6:00 pm CDT

By Tom Polansek

Klassen: Feeder market develops two-tier price structure

May. 17, 2022 at 5:33 pm CDT

By Jerry Klassen

U.S. livestock: CME lean hogs extend recovery from recent slide

May. 17, 2022 at 4:46 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose for a third consecutive session on Tuesday as the market continued to recover from oversold conditions, traders said. Live cattle and feeder cattle futures ended lower. Short-covering helped propel hog futures higher following recent declines, said Matt Wiegand, commodity […]

By Tom Polansek

Golden arches to go dark in Russia as McDonald’s exits after 30 years

May. 16, 2022 at 8:00 pm CDT

Reuters — McDonald’s Corp. on Monday became one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants after operating in the country for more than 30 years following the invasion of Ukraine. The world’s largest burger chain, which owns about 84 per cent […]

By Uday Sampath Kumar

U.S. livestock: CME live cattle futures bounce from losses

May. 16, 2022 at 7:13 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Monday in a rebound from recent losses, while feeder cattle futures stumbled under pressure from rising costs for grains used for livestock feed. Live cattle were technically oversold and due for a bounce, brokers said. Futures were […]

By Tom Polansek

U.S. livestock: CME lean hogs bounce after recent losses

May. 13, 2022 at 7:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded on Friday after dropping a day earlier to their lowest prices since January. The market was due for a bounce following a recent slide that was driven by concerns about weakening U.S. demand and technical selling, analysts said. The […]

By Tom Polansek

U.S. livestock: CME cattle, hogs weaken amid demand concerns

May. 12, 2022 at 6:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange livestock futures fell on Thursday, as high meat prices are threatening U.S. demand, analysts said. Concerns that inflation could remain elevated for longer than anticipated weighed on the markets because higher prices could reduce meat sales, analysts said. Traders also watched a rise […]

By Tom Polansek