Insights and Stories on Cattle

U.S. livestock: CME cattle sink to November lows

Jan. 24, 2022 at 6:52 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled on Monday as investors reduced risk and after the U.S. Department of Agriculture (USDA) last week confirmed producers placed more animals into feedlots in December, analysts said. USDA said cattle producers placed 1.96 million head in feedlots last month, up […]

U.S. livestock: Hog futures surge to highest in over three months

Jan. 21, 2022 at 7:05 pm CST

By Reuters

U.S. livestock: Hog futures touch highest since mid-October

Jan. 20, 2022 at 3:58 pm CST

By Reuters

U.S. livestock: Cattle and hog futures firm

Jan. 19, 2022 at 5:15 pm CST

By Reuters

U.S. livestock: CME cattle futures weak

Jan. 18, 2022 at 4:24 pm CST

By Reuters

Klassen: Feeder market remains firm

Jan. 17, 2022 at 9:39 pm CST

Compared to last week, western Canadian yearling prices were steady to $3 lower on average; calves were relatively unchanged but limited numbers were on offer. Strength in the Canadian dollar appeared to temper demand from south of the border in the 750-plus-lb. weight categories. Last week was the first full […]

By Jerry Klassen

U.S. livestock: Hog futures rebound, slaughter pace still weak

Jan. 14, 2022 at 7:21 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced back on Friday, though analysts said U.S. staffing shortages caused by COVID-19 infections continued to limit meat production. Most actively traded February lean hogs touched a one-week high and ended 3.05 cents stronger at 80.9 cents/lb. (all figures US$). […]

By Tom Polansek

U.S. livestock: Hogs dip on concern over slower slaughter, heavier pigs

Jan. 13, 2022 at 6:36 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Thursday amid concerns that a reduced pace of slaughtering is limiting demand for pigs that are growing heavier, analysts said. Slow slaughtering has weighed on hog and cattle futures because livestock back up on farms when they cannot […]

By Tom Polansek

U.S. livestock: Hog slaughter hits five-month low on Omicron spread

Jan. 12, 2022 at 6:23 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on bargain buying on Wednesday, traders said, though U.S. pig slaughtering sank to its lowest level since August as rising cases of the Omicron coronavirus variant hit meat plants. Live cattle and feeder cattle futures slumped as traders remain […]

By Tom Polansek

U.S. livestock: CME cattle futures end higher in short-covering bounce

Jan. 11, 2022 at 6:53 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, on a technical bounce a day after falling to three-week lows, with optimism about a slight improvement in the U.S. slaughter pace lending support, traders said. But worries about slowdowns at packing plants due to worker […]

By Julie Ingwersen