Insights and Stories on Beef

U.S. livestock: CME feeder cattle slide on higher feed costs

Jun. 4, 2021 at 4:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures slipped on Friday, weighing on live cattle as rising corn futures pushed feed prices higher. “I think the downturn in feeders certainly was a factor,” said Altin Kalo, economist at Steiner Consulting Group. “I don’t see any other fundamental […]

JBS says all facilities operating after weekend cyberattack

Jun. 3, 2021 at 8:03 pm CDT

By Tom Polansek

U.S. livestock: CME feeder cattle gain on lower corn

Jun. 3, 2021 at 6:56 pm CDT

By Christopher Walljasper

JBS plants reopen as White House blames Russia over hack

Jun. 2, 2021 at 7:57 pm CDT

By Nandita Bose Tom Polansek

U.S. livestock: CME cattle futures rise as JBS reopens plants

Jun. 2, 2021 at 4:15 pm CDT

By Mark Weinraub

JBS Canada plant up and running after cyberattack

Jun. 2, 2021 at 4:43 am CDT

Meat packer JBS’s major beef slaughter plant in Alberta went back to work Tuesday following a cyberattack reported to have downed several of the company’s operations in North America and Australia. JBS USA, the unit overseeing the Brazilian firm’s Canadian operations, and JBS-owned chicken unit Pilgrim’s Pride both reported “significant […]

By Dave Bedard

U.S. livestock: Cattle futures fall on cyberattack at JBS

Jun. 1, 2021 at 6:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures tumbled on Tuesday after JBS stopped slaughtering at U.S. plants because of a cyberattack. Brazil’s JBS told the U.S. government that a ransomware attack on the company originated from a criminal organization likely based in Russia, according to the White […]

By Tom Polansek

Ransomware attack on JBS halts Canadian, U.S. slaughter

Jun. 1, 2021 at 12:46 pm CDT

Chicago/Aboard Air Force One | Reuters — Brazil’s JBS SA told the U.S. government that a ransomware attack on the company that has disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia, the White House said on Tuesday. JBS is the world’s […]

By Jeff Mason Tom Polansek

U.S. livestock: Lean hogs up on firm demand, tight supplies

May. 28, 2021 at 7:33 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Friday as pork demand remained firm and supplies of market-ready hogs stayed low, analysts said. “At some point though, you would think the wholesale price would put a damper on demand, at some point in the summer,” said […]

By Christopher Walljasper

U.S. livestock: Live cattle, lean hogs firm on meat demand

May. 27, 2021 at 7:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures climbed on Thursday on firming cash beef and pork prices and strong weekly export sales data from the U.S. Department of Agriculture (USDA). Feeder cattle futures were lower, however, pressured by soaring corn feed prices. USDA data […]

By Karl Plume