Insights and Stories on Beef

U.S. livestock: Lean hogs climb to 6-1/2-year high

Mar. 17, 2021 at 7:10 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied for a second straight session on Wednesday and the spot contract rose to the highest in 6-1/2 years on elevated pork prices and expectations for continued strong pork export sales. Pork prices have been rising, led by higher pork […]

U.S. livestock: Lean hogs up on tightening hog supplies, strong pork demand

Mar. 16, 2021 at 6:26 pm CDT

By Karl Plume

U.S. livestock: Cattle futures rise, hog futures weaken

Mar. 15, 2021 at 5:48 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle end firm, hogs ease on profit-taking

Mar. 12, 2021 at 7:46 pm CST

By Julie Ingwersen

U.S. livestock: CME hogs hit contract highs, led by strong cash markets

Mar. 11, 2021 at 7:29 pm CST

By Julie Ingwersen

U.S. livestock: CME hog futures higher, cattle end lower

Mar. 10, 2021 at 8:07 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended higher on Wednesday, led by firming cash hog prices and rising wholesale pork prices, traders said. CME April lean hog futures ended up 0.425 cent at 88.775 cents/lb., inching closer to a contract high set on Feb. 25 […]

By Julie Ingwersen

U.S. livestock: Lean hogs climb as pork prices rise, slaughter pace slows

Mar. 9, 2021 at 7:40 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Tuesday for a second straight day, supported by rising wholesale pork prices and a smaller weekly kill than a year ago, traders said. CME April lean hog futures ended up 1.05 cents at 88.35 cents/lb., moving back […]

By Julie Ingwersen

Klassen: Deferred live cattle futures pull feeder market higher

Mar. 8, 2021 at 9:33 pm CST

Compared to last week, western Canadian yearling markets traded $5 lower to $3 higher while calves under 600 lbs. were $2 to as much as $7 higher. Yearlings were somewhat sluggish in the eastern Prairie regions, as feedlot operators in Alberta focused on local cattle. Fleshier backgrounded cattle are coming […]

By Jerry Klassen

U.S. livestock: Cattle, hogs firm as U.S. stimulus plan fuels optimism

Mar. 8, 2021 at 7:23 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures firmed on Monday, recovering from a seven-week low hit last week, on optimism that the US$1.9 trillion COVID-19 relief bill will spur the U.S. economy and bolster demand for meat, traders said. CME April live cattle futures settled up […]

By Julie Ingwersen

U.S. livestock: Hog futures take a breather

Mar. 5, 2021 at 7:09 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures consolidated on Friday as the market caught its breath after pulling back from contract highs reached last week. Strong demand for U.S. pork from China recently supported hog futures, as China is battling the fatal pig disease African swine […]

By Tom Polansek