Insights and Stories on Beef

U.S. livestock: CME lean hogs, live cattle modestly lower

Nov. 11, 2021 at 6:58 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended lower on Thursday, retreating near the close on technical selling and soft cash hog markets, traders said. The CME’s lean hog index, a two-day weighted average of cash hog prices, fell 0.51 cent, to 78.72 cents/lb. (all figures US$). […]

Brazil plays down BSE risk in suspect cases in people

Nov. 11, 2021 at 5:19 pm CST

By Nayara Figueiredo Rodrigo Viga Gaier

Cargill beef plant workers serve strike notice

Nov. 11, 2021 at 3:22 pm CST

By Dave Bedard

U.S. livestock: CME hog futures up on slaughter speed plan

Nov. 10, 2021 at 6:20 pm CST

By Reuters

U.S. livestock: USDA lifts estimates for beef production, cattle prices

Nov. 9, 2021 at 6:54 pm CST

By Tom Polansek

U.S. livestock: CME live cattle at two-month high on strong beef demand

Nov. 8, 2021 at 5:59 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a two-month high on Monday amid expectations for solid demand for beef, traders said. Gains in cash cattle prices last week helped support futures, traders said. Meat packers killed an estimated 121,000 cattle at U.S. slaughtering plants on Monday, […]

By Tom Polansek

Klassen: Feeder cattle market continues on downward trend

Nov. 2, 2021 at 9:01 am CDT

Compared to last week, Western Canadian yearling markets dropped $2 to $4 while calf prices sank $2 to as much as $6 on average. Rising feed grain prices set a negative tone. Adverse weather also contributed to lower bids, especially in the lighter weight categories. Most auction barns had feature […]

By Jerry Klassen

Beef cattle producers ‘encouraged’ by new CPTPP applicants

Oct. 29, 2021 at 8:40 am CDT

With their exports on an upswing, the organization for Canada’s beef cattle producers says it’s “encouraged to see other countries’ interest” in joining the Trans-Pacific Partnership trade bloc. The Canadian Cattlemen’s Association on Oct. 18 noted the official applications to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) from […]

By Dave Bedard

Klassen: Feeder cattle market grinds lower

Oct. 26, 2021 at 8:58 am CDT

Compared to last week, western Canadian yearling markets were down $2-$5 while calves dropped by $3 to as much as $8. We’re now seeing some medium-quality calves weighing around 550 lbs. sell under the psychological $200 level in central Alberta. The market is lacking demand. Feedlot inventories are running 33 […]

By Jerry Klassen

U.S. livestock: CME live cattle falls as cash market idles

Oct. 22, 2021 at 6:47 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell, pressured by a stagnant cash market and processing backups, traders said. CME December live cattle futures settled down 1.225 cents at 128.325 cents/lb. January feeder cattle futures eased 2.675 cents to end at 157.325 cents/lb. For the week, live […]

By Christopher Walljasper