Insights and Stories on Cattle

U.S. livestock: CME lean hogs firm on China’s herd restrictions

Sep. 23, 2021 at 6:32 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures firmed on Thursday, after China lowered its sow herd targets in an effort to ensure supply and stabilize prices. China’s ministry of agriculture and rural affairs said the target for its sow herd was now around 41 million head […]

U.S. livestock: CME live cattle follow packer demand down

Sep. 21, 2021 at 6:54 pm CDT

By Christopher Walljasper

U.S. livestock: CME live cattle end mixed, hogs lower

Sep. 20, 2021 at 6:05 pm CDT

By Karl Plume

U.S. livestock: CME hogs extend gains in recovery from slide

Sep. 17, 2021 at 4:27 pm CDT

By Tom Polansek

U.S. livestock: CME lean hog futures rise from February low

Sep. 16, 2021 at 6:32 pm CDT

By Tom Polansek

U.S. livestock: Nearby hogs up in rebound off six-month low

Sep. 15, 2021 at 7:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended higher in nearby contract months on Wednesday, as the market rebounded from a drop to its lowest prices in more than six months. Most-active December hogs recovered after dropping 12.5 per cent since the start of the month on […]

By Tom Polansek

Klassen: Lower beef production supports cash feeder market

Sep. 15, 2021 at 5:22 pm CDT

Compared to last week, western Canadian yearling prices were relatively unchanged; calf prices traded $2 on either side of week-ago levels. December and February live cattle futures have dropped $8-$10 off the highs while feed grain values have remained firm. Buyers were on the defensive this past week, given the […]

By Jerry Klassen

U.S. livestock: CME hogs hit six-month lows

Sep. 14, 2021 at 5:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest prices in more than six months on Tuesday, while cattle futures recovered a day after hitting June lows on concerns about a fire at a major Nebraska beef plant. The hog market extended recent losses under […]

By Tom Polansek

U.S. livestock: CME cattle drop as fire closes JBS plant

Sep. 13, 2021 at 6:27 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell to their lowest prices since June on Monday on concerns that U.S. ranchers could temporarily lose a place to deliver their livestock for slaughter after a fire damaged a JBS USA beef plant. JBS, owned by Brazilian firm JBS SA, […]

By Tom Polansek

JBS plans to reopen Nebraska beef plant damaged in fire

Sep. 13, 2021 at 6:14 pm CDT

Chicago | Reuters — JBS USA on Monday halted production at a Nebraska beef plant that slaughters about five per cent of U.S. cattle due to a fire, but said the company expects to resume operations on Tuesday. The temporary closure highlighted concerns among lawmakers and ranchers that the U.S. […]

By Tom Polansek