Insights and Stories on Beef

U.S. livestock: CME hog futures extend rally on USDA data

Sep. 28, 2021 at 7:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Tuesday for a fourth straight session as traders continued to digest Friday’s U.S. government report that signaled tighter hog supplies into 2022, analysts said. CME October lean hogs settled up 1.425 cents at 91.675 cents/lb. and the […]

U.S. livestock: CME hogs surge on bullish USDA data

Sep. 27, 2021 at 7:14 pm CDT

By Julie Ingwersen

U.S. livestock: CME hogs rise, live cattle slip ahead of USDA reports

Sep. 24, 2021 at 5:31 pm CDT

By Karl Plume

U.S. livestock: CME lean hogs firm on China’s herd restrictions

Sep. 23, 2021 at 6:32 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle follow packer demand down

Sep. 21, 2021 at 6:54 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle end mixed, hogs lower

Sep. 20, 2021 at 6:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Monday as late-session bargain buying only partly offset pressure from adequate cattle supplies and global economic concerns that threatened to blunt demand for beef. “The cattle market can’t seem to catch a break. Boxed beef has been […]

By Karl Plume

U.S. livestock: CME hogs extend gains in recovery from slide

Sep. 17, 2021 at 4:27 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Friday extended a rebound from a selloff that dragged the market to its lowest prices since February this week, while cattle futures sagged. The hog market was due for a correction to the upside after the most-active December contract […]

By Tom Polansek

U.S. livestock: CME lean hog futures rise from February low

Sep. 16, 2021 at 6:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Thursday, as the market recovered from a decline to its lowest prices since February. Technical buying helped support prices, while concerns about waning U.S. pork exports continue to hang over the market, analysts said. The U.S. Department of […]

By Tom Polansek

U.S. livestock: Nearby hogs up in rebound off six-month low

Sep. 15, 2021 at 7:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher in nearby contract months on Wednesday, as the market rebounded from a drop to its lowest prices in more than six months. Most-active December hogs recovered after dropping 12.5 per cent since the start of the month on […]

By Tom Polansek

Klassen: Lower beef production supports cash feeder market

Sep. 15, 2021 at 5:22 pm CDT

Compared to last week, western Canadian yearling prices were relatively unchanged; calf prices traded $2 on either side of week-ago levels. December and February live cattle futures have dropped $8-$10 off the highs while feed grain values have remained firm. Buyers were on the defensive this past week, given the […]

By Jerry Klassen