Insights and Stories on Beef

Sep. 10, 2024 at 6:11 pm CDT

Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce, while feeder cattle futures firmed as corn prices declined, signaling cheaper feed costs.

By Julie Ingwersen, Reuters

Sep. 10, 2024 at 9:20 am CDT

For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.

By Jerry Klassen

Sep. 9, 2024 at 5:05 pm CDT

Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on short covering on Monday, analysts said, as the markets recovered from a slide last week.

By Reuters, Tom Polansek

Aug. 30, 2024 at 5:34 pm CDT

Chicago Mercantile Exchange (CME) lean hog prices ended up slightly on Friday as analysts said a seasonal drop in pork prices toward the end of summer looked less drastic than expected.

By Renee Hickman, Reuters

Aug. 29, 2024 at 4:47 pm CDT

Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Thursday on a decline in boxed beef prices, which have slumped leading up to the U.S. Labor Day holiday, analysts said.

By Heather Schlitz, Reuters