Insights and Stories on Beef

U.S. livestock: Hog futures fall on concerns over supply glut

Dec. 6, 2021 at 4:55 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures plunged four per cent on Monday, hitting their lowest level in nearly a month, as robust supplies threatened profits even as pork prices edged off their recent lows, traders said. Pork processors earned $22.90 per hog, down from $46.25 per hog […]

Strike averted at Cargill’s High River beef plant

Dec. 5, 2021 at 12:05 am CST

By Glenn Cheater

U.S. livestock: CME cattle, hogs end down on profit-taking

Dec. 3, 2021 at 7:23 pm CST

By Tom Polansek

U.S. livestock: CME live cattle, hogs up with export demand

Dec. 2, 2021 at 7:33 pm CST

By P.J. Huffstutter

U.S. livestock: CME cattle, hog futures finish higher

Dec. 1, 2021 at 5:40 pm CST

By Tom Polansek

Cargill beef plant workers to vote on new negotiated offer

Dec. 1, 2021 at 4:59 pm CST

Workers at Cargill’s major beef slaughter and packing plant in Alberta will vote this week on a new offer which it’s hoped will avert a strike or lockout, both due to start Monday. The new offer follows a “marathon” of negotiations Tuesday between Cargill representatives and the bargaining committee for […]

By Dave Bedard

U.S. livestock: CME live cattle fall from highs as Omicron rattles markets

Nov. 30, 2021 at 8:34 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Tuesday as worries about the new Omicron coronavirus variant rattled commodity and financial markets. Losses pulled live cattle futures down from contract highs reached in recent sessions. CME lean hog futures also fell, along with U.S. grains and […]

By Tom Polansek

U.S. livestock: Cattle post new highs, retreat on profit-taking

Nov. 29, 2021 at 7:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose to multi-year highs on Monday but closed lower as profit-taking and technical selling clipped gains, traders said. The spread of a new coronavirus variant sparked demand worries as livestock traders feared renewed restrictions on travel and restaurant occupancy. But […]

By Karl Plume

U.S. livestock: CME live cattle futures set new contract highs

Nov. 26, 2021 at 6:53 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set new highs on Friday and finished stronger on technical buying and firm cash prices, traders said. The front-month December contract and most-active February 2022 contract avoided losses seen in commodities such as crude oil and soybeans that were unnerved […]

By Tom Polansek

Cargill serves lockout notice on High River workers

Nov. 25, 2021 at 7:45 pm CST

Updated — Whether in a strike or a lockout, workers at one of Canada’s biggest beef slaughter plants took another step toward the picket line this week by voting to reject the company’s latest contract offer. A vote conducted Tuesday and Wednesday by the United Food and Commercial Workers (UFCW) […]

By Dave Bedard