Insights and Stories on Beef

U.S. livestock: Hogs rally again on pork prices, supply woes

May. 5, 2021 at 8:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures extended a sharp rally on Wednesday, touching contract highs for the fourth consecutive day on limited supplies and strong pork prices. U.S. pork demand is strong as sales have benefited after households received additional COVID-19 pandemic relief money from the […]

U.S. livestock: Hog futures extend rally on cash prices, tight supply

May. 4, 2021 at 7:06 pm CDT

By Tom Polansek

U.S. livestock: Hogs set life-of-contract highs on tightening supplies

May. 3, 2021 at 8:03 pm CDT

By Tom Polansek

U.S. livestock: Lean hogs climb on tightening hog supply

Apr. 30, 2021 at 7:04 pm CDT

By Christopher Walljasper

U.S. livestock: Live cattle gain on grain market uncertainty

Apr. 29, 2021 at 5:29 pm CDT

By Christopher Walljasper

U.S. livestock: Hog futures gain as supply outlook wanes

Apr. 28, 2021 at 6:09 pm CDT

Chicago | Reuters — U.S. lean hog futures climbed on Wednesday, supported by tight supplies and low inventory of available young hogs for producers as summer demand ramps up, traders said. CME most-active June lean hogs added 2.45 cents, to 109.125 cents/lb., with all contract months but June notching life-of-contract […]

By Christopher Walljasper

U.S. livestock: Live cattle ease on higher grain costs

Apr. 27, 2021 at 7:00 pm CDT

Chicago | Reuters — U.S. live cattle futures eased on Tuesday, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs, traders said. “You’ve got your cost of gains climbing and climbing,” said Scott Varilek, broker at Kooima Kooima Varilek […]

By Christopher Walljasper

Klassen: Feeder cattle divorce from futures’ direction

Apr. 26, 2021 at 9:55 pm CDT

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Higher-quality yearlings and calves were steady to $4 higher in Alberta and Saskatchewan; in Manitoba, yearlings traded $2-$4 lower while calves were $3-$5 higher. Domestic cattle markets appeared to divorce from feeder and live cattle futures. June live […]

By Jerry Klassen

U.S. livestock: Cattle futures climb on USDA report

Apr. 26, 2021 at 5:57 pm CDT

Chicago | Reuters — U.S. live cattle futures gained on Monday, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements, traders said. Chicago Mercantile Exchange June live cattle futures settled 0.55 cent higher at 116.275 cents/lb. while the August contract ended 1.1 cents higher at 117.95 cents […]

By Christopher Walljasper

U.S. livestock: Cattle futures close narrowly mixed

Apr. 23, 2021 at 7:28 pm CDT

Chicago | Reuters — U.S. live cattle futures closed narrowly mixed on Friday, with nearby contracts pressured by lacklustre cash cattle trade and position-squaring ahead of a monthly government cattle report, analysts said. Chicago Mercantile Exchange June live cattle futures settled down 0.125 cent at 115.725 cents/lb. while the August […]

By Julie Ingwersen