Insights and Stories on Beef

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 […]

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

May. 28, 2021 at 7:33 pm CDT

By Christopher Walljasper

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

May. 27, 2021 at 7:29 pm CDT

By Karl Plume

OIE ruling turns page on BSE in Canada

May. 27, 2021 at 6:56 pm CDT

By Dave Bedard

U.S. livestock: Lean hogs ease on profit-taking

May. 26, 2021 at 6:12 pm CDT

By Karl Plume

U.S. livestock: Lean hogs up as pork prices rise, corn tumbles

May. 25, 2021 at 5:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded from the prior day’s losses on Tuesday on stronger cash pork prices and a weaker dollar, and as corn feed values fell sharply. Feeder cattle contracts also posted strong gains as benchmark corn futures on the Chicago Board of […]

By Karl Plume

Klassen: Feeder market heating up

May. 24, 2021 at 8:50 pm CDT

Compared to last week, quality yearling packages were $2-$5 higher while calf values were unchanged to $2 higher. A surge in buying interest surfaced for yearlings last week as fed cattle prices continue to trade near 52-week highs. Alberta packers were buying fed cattle in the range of $162-$165 delivered […]

By Jerry Klassen

U.S. livestock: Cattle futures sink as on-feed supply tops estimates

May. 24, 2021 at 7:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Monday after U.S. government data showed supplies in feedlots above trade expectations and as some traders worried about demand for beef. The U.S. Department of Agriculture (USDA) said late on Friday that May 1 on-feed cattle supplies stood […]

By Karl Plume

U.S. livestock: Hog futures rally to highest since August 2014

May. 21, 2021 at 7:51 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday to their highest in nearly seven years, with strong demand outstripping supplies on hand as restaurants around the U.S. have been reopening after COVID-19 shutdowns, traders said. “We are seeing strong retail demand, with the food service trying […]

By Mark Weinraub

U.S. livestock: Cattle, hog futures up with cash markets

May. 19, 2021 at 7:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose on Wednesday, with the market underpinned by strength in the cash markets. Prices for the cattle contracts hit their highest in nearly a week, but closed off their session peaks as the corn market recovered from sharp declines. […]

By Mark Weinraub