Insights and Stories on Beef

Philippines ends import block on Canadian beef

Jan. 29, 2022 at 9:36 pm CST

The Philippines has lifted the temporary suspension on imports of Canadian beef it imposed after the discovery of Canada’s first case of BSE in six years. Manila had announced its temporary ban following the confirmation in mid-December of atypical BSE (bovine spongiform encephalopathy) in a beef cow in central Alberta. […]

U.S. livestock: CME cattle futures up with daily slaughter levels

Jan. 28, 2022 at 5:29 pm CST

By P.J. Huffstutter

U.S. livestock: CME lean hogs drop on profit-taking, technical selling

Jan. 27, 2022 at 6:30 pm CST

By Karl Plume

U.S. livestock: CME live cattle up on improved slaughter pace

Jan. 26, 2022 at 7:24 pm CST

By Karl Plume

U.S. livestock: CME lean hogs hit new contract high on slim supply

Jan. 25, 2022 at 7:06 pm CST

By Tom Polansek

Klassen: Feeder market softens on tight feed grain supply

Jan. 25, 2022 at 3:43 am CST

Compared to last week, prices for yearling steers were down $2-$4 while yearling heifers were down $4 to as much as $8. Calf markets were down $3-$6 from last week. Negative feeding margins, colder temperatures and tight feed grain supplies were the three main factors setting a negative tone in […]

By Jerry Klassen

U.S. livestock: CME cattle sink to November lows

Jan. 24, 2022 at 6:52 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled on Monday as investors reduced risk and after the U.S. Department of Agriculture (USDA) last week confirmed producers placed more animals into feedlots in December, analysts said. USDA said cattle producers placed 1.96 million head in feedlots last month, up […]

By Tom Polansek

U.S. livestock: Hog futures surge to highest in over three months

Jan. 21, 2022 at 7:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose 1.5 per cent on Friday to hit their highest since mid-October, extending a rally on technical buying. Traders remained focused on the slaughter rate as COVID-19 disruptions have caused slowdowns at meat processors throughout the month. “The industry still isn’t […]

By Reuters

U.S. livestock: Hog futures touch highest since mid-October

Jan. 20, 2022 at 3:58 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped to their highest in more than three months on Thursday, supported by strength in the cash markets, traders said. Most actively traded February lean hogs rose 2.625 cents, to 84.925 cents/lb. (all figures US$). The front-month contract closed just below […]

By Reuters

U.S. livestock: Cattle and hog futures firm

Jan. 19, 2022 at 5:15 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures rose on Wednesday, with tight supplies supporting prices after a slowdown in the pace of slaughter. Most actively traded February lean hogs rose 0.7 cent, to 82.3 cents/lb. Hog futures have risen for three days in a row, […]

By Reuters