Insights and Stories on Beef

U.S. livestock: CME lean hogs drop to January lows on demand worries

May. 11, 2022 at 5:16 pm CDT

Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index […]

Klassen: Feeder market starts seasonal rally

May. 11, 2022 at 8:13 am CDT

By Jerry Klassen

U.S. livestock: CME lean hogs firm nearby

May. 10, 2022 at 6:54 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle firm on strong packer demand

May. 9, 2022 at 5:50 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle, hogs slip on demand concerns

May. 6, 2022 at 5:01 pm CDT

By P.J. Huffstutter

U.S. livestock: CME lean hogs climb, demand uncertainty remains

May. 5, 2022 at 6:47 pm CDT

Chicago | Reuters — CME lean hog futures firmed for a second session on Thursday, supported by bargain buying, though demand concerns capped gains, analysts said. “We’ve got conflicting fundamentals. Seasonally, hog supplies should continue to tighten into mid-summer. But right now there’s a lot of demand worry,” said Doug […]

By Christopher Walljasper

U.S. livestock: CME live cattle ease

May. 4, 2022 at 5:54 pm CDT

Chicago | Reuters — CME Group live cattle futures eased on Wednesday, pressured as processors pull market-ready cattle forward heading into the late spring, analysts said. June live cattle futures are discounted versus the cash market, creating an incentive to sell before cash falls. “We’re going to start narrowing up […]

By Christopher Walljasper

U.S. livestock: CME lean hogs drop to January lows

May. 3, 2022 at 5:00 pm CDT

Chicago | Reuters — CME lean hog futures on Tuesday dropped to their lowest prices since January on technical selling and concerns about risks to demand for U.S. meat, brokers said. U.S. pork exports to China have tumbled this year as Chinese producers rebuild their herds after outbreaks of the […]

By Tom Polansek

Klassen: Feedlot demand up prior to seasonal rally

May. 3, 2022 at 12:58 am CDT

For the week ending April 30, western Canadian feeder cattle prices were quite variable. Yearlings traded $8 lower as much as $5 higher. Severe discounts were noted on fleshier cattle; some auction barns reported the bulk of cattle over 800 pounds were medium to heavier flesh. Deferred live cattle futures […]

By Jerry Klassen

U.S. livestock: Feeder cattle futures firm on weaker corn

May. 2, 2022 at 6:25 pm CDT

Chicago | Reuters — CME live and feeder cattle futures firmed on Monday, supported by lower corn futures, an input cost to feeder cattle, analysts said. “The big driver there was just lower corn,” said Josh Steinhilber, broker at Cattlehedgers.com. “We got spillover into the live cattle.” CME August feeder […]

By Christopher Walljasper