Insights and Stories on Cattle

U.S. livestock: CME cattle futures extend slump

Oct. 1, 2021 at 7:16 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures closed lower on Friday, extending their slide for a sixth session on lacklustre cash cattle trade and falling wholesale beef prices, traders said. CME October live cattle futures settled down 0.175 cent on Friday at 120.4 cents/lb. while the […]

U.S. livestock: CME hog futures rise on sustained buying

Sep. 30, 2021 at 3:52 pm CDT

By P.J. Huffstutter

U.S. livestock: CME hog futures pause after rally

Sep. 29, 2021 at 6:39 pm CDT

By Julie Ingwersen

Argentina to restart beef exports to China after caps lifted

Sep. 29, 2021 at 1:43 am CDT

By Maximilian Heath Walter Bianchi

U.S. livestock: CME hog futures extend rally on USDA data

Sep. 28, 2021 at 7:04 pm CDT

By Julie Ingwersen

Klassen: Feeder market holds value

Sep. 28, 2021 at 8:42 am CDT

Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged; calf prices held value, but there were pockets like Lethbridge where values were $2-$4 higher. Alberta packers were buying fed cattle on a live basis in the range of $156-$158. If an Alberta feedlot booked […]

By Jerry Klassen

U.S. livestock: CME hogs surge on bullish USDA data

Sep. 27, 2021 at 7:14 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures soared on Monday, with the most-active December contract rising its daily limit after a quarterly U.S. Department of Agriculture report showed a smaller-than-expected U.S. hog herd. CME October lean hogs settled up 2.975 cents at 90.25 cents/lb., and the […]

By Julie Ingwersen

U.S. livestock: CME hogs rise, live cattle slip ahead of USDA reports

Sep. 24, 2021 at 5:31 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures climbed on Friday, largely supported by positioning ahead of a key hog inventory report issued by the U.S. Department of Agriculture (USDA) after the close, analysts said. Higher cash pork prices and the still-wide discount of futures to cash […]

By Karl Plume

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 […]

By Christopher Walljasper

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

Sep. 21, 2021 at 6:54 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, pressured by weak cash cattle trade as packer demand remains light, analysts said. “The lack of bids is daunting,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. Kooima noted packers have enough cattle purchased […]

By Christopher Walljasper