Insights and Stories on Cattle

U.S. livestock: CME live cattle retreat on profit-taking

Feb. 11, 2022 at 7:02 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures weakened on Friday as the market retreated from contract highs hit this week. Profit-taking weighed on futures prices, though the market remains supported by strong demand for cattle from meatpackers, traders said. Packers such as Tyson Foods and JBS slaughtered […]

U.S. livestock: CME live cattle lower, strong slaughter data supportive

Feb. 10, 2022 at 6:49 pm CST

By Christopher Walljasper

U.S. livestock: CME live cattle, lean hogs set contract highs

Feb. 9, 2022 at 6:53 pm CST

By Tom Polansek

U.S. livestock: CME hogs up as processors seek market-ready supply

Feb. 8, 2022 at 6:23 pm CST

By Christopher Walljasper

Pandemic border protests strand cattle and car parts

Feb. 8, 2022 at 5:20 pm CST

By Julie Gordon Rod Nickel

U.S. livestock: CME lean hogs firm on tight hog supplies

Feb. 7, 2022 at 6:07 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Monday, supported by fewer market-ready hogs and diminished pork supplies, analysts said. “There just isn’t much extra pork laying around,” said Alan Brugler, president of Brugler Marketing. CME April lean hogs settled 1.2 cents higher at 101.275 cents/lb., […]

By Christopher Walljasper

U.S. livestock: CME lean hogs up on tight supplies, good demand

Feb. 4, 2022 at 6:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday as tight hog supplies and strong demand fueled gains for the fifth time in six sessions. The market shrugged off negative technical signals following a lower close in actively traded April futures on Thursday after posting a […]

By Karl Plume

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

Feb. 3, 2022 at 8:10 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures closed lower on Thursday, retreating as traders paused to book profits after the benchmark contracts in both markets climbed to life-of-contract highs. CME April lean hogs settled down 0.75 cent at 98.375 cents/lb., easing after notching a contract high […]

By Julie Ingwersen

JBS reaches ‘icebreaker’ settlement of beef price-fixing claims

Feb. 2, 2022 at 9:49 pm CST

Reuters — JBS has agreed to pay US$52.5 million to settle litigation accusing meatpacking companies of conspiring to limit supply in the $63 billion-a-year U.S. beef market in order to inflate prices and boost profit. The preliminary settlement by the Brazilian company and its U.S. units with so-called direct purchasers […]

By jonathan-stempel

U.S. livestock: Cash prices, slaughter pace support CME live cattle

Feb. 2, 2022 at 6:22 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to fresh contract highs on Wednesday on strong cash market prices and rising slaughter rates amid seasonally tightening cattle supplies. A winter storm moving across the central U.S. on Wednesday did not noticeably impact cattle and beef production, although […]

By Karl Plume