Insights and Stories on Beef

U.S. livestock: CME live cattle, lean hogs set contract highs

Feb. 9, 2022 at 6:53 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a contract high on Wednesday on firm cash prices and strong demand from packers, while lean hogs also set a new high, traders said. April live cattle ended 1.65 cents higher at 147.825 cents/lb. and set a high of […]

U.S. livestock: CME hogs up as processors seek market-ready supply

Feb. 8, 2022 at 6:23 pm CST

By Christopher Walljasper

U.S. livestock: CME lean hogs firm on tight hog supplies

Feb. 7, 2022 at 6:07 pm CST

By Christopher Walljasper

U.S. livestock: CME lean hogs up on tight supplies, good demand

Feb. 4, 2022 at 6:05 pm CST

By Karl Plume

U.S. livestock: CME hog, cattle futures end lower

Feb. 3, 2022 at 8:10 pm CST

By Julie Ingwersen

JBS reaches ‘icebreaker’ settlement of beef price-fixing claims

Feb. 2, 2022 at 9:49 pm CST

Reuters — JBS has agreed to pay US$52.5 million to settle litigation accusing meatpacking companies of conspiring to limit supply in the $63 billion-a-year U.S. beef market in order to inflate prices and boost profit. The preliminary settlement by the Brazilian company and its U.S. units with so-called direct purchasers […]

By jonathan-stempel

U.S. livestock: Cash prices, slaughter pace support CME live cattle

Feb. 2, 2022 at 6:22 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to fresh contract highs on Wednesday on strong cash market prices and rising slaughter rates amid seasonally tightening cattle supplies. A winter storm moving across the central U.S. on Wednesday did not noticeably impact cattle and beef production, although […]

By Karl Plume

U.S. livestock: CME hog, cattle futures hit contract highs

Feb. 1, 2022 at 8:02 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose more than two per cent on Tuesday, with most contract months setting life-of-contract highs on fund-driven buying and worries about a winter storm that could slow the transport of animals at a time of tight U.S. hog supplies, traders […]

By Julie Ingwersen

Alberta RCMP to start unclogging major border crossing

Feb. 1, 2022 at 5:29 pm CST

A major supply chain corridor connecting Alberta and the U.S. is expected to be cleared of protestors and reopened to traffic on Tuesday, Alberta RCMP have warned. Protestors in vehicles formed a blockade Saturday on Highway 4 leading to the province’s only 24-hour Canada-U.S. border crossing, at Coutts, Alta., about […]

By Dave Bedard

U.S. livestock: CME cattle end higher on rising slaughter pace

Jan. 31, 2022 at 6:33 pm CST

Chicago | Reuters — Benchmark Chicago Mercantile Exchange live cattle futures hit the highest in nearly a month on Monday, supported by an improving U.S. slaughter pace and signs of a shrinking U.S. cattle herd, traders said. CME April live cattle futures settled 1.425 cents higher at 144.525 cents/lb. after […]

By Julie Ingwersen