Insights and Stories on Cattle

Klassen: Feeder market in consolidation mode

Jun. 7, 2021 at 9:39 pm CDT

Compared to last week, western Canadian feeder cattle prices were quite variable depending on the weight category. Replacement cattle weighing over 800 lbs. were steady to $4 lower while feeders weighing 700-800 lbs. traded steady to $4 higher on average. Feeder cattle under 600 lbs. were unchanged from seven days […]

U.S. livestock: Hog futures rise on strength in cash market

Jun. 7, 2021 at 5:55 pm CDT

By Mark Weinraub

U.S. livestock: CME feeder cattle slide on higher feed costs

Jun. 4, 2021 at 4:29 pm CDT

By Christopher Walljasper

U.S. livestock: CME feeder cattle gain on lower corn

Jun. 3, 2021 at 6:56 pm CDT

By Christopher Walljasper

U.S. livestock: CME cattle futures rise as JBS reopens plants

Jun. 2, 2021 at 4:15 pm CDT

By Mark Weinraub

U.S. livestock: Cattle futures fall on cyberattack at JBS

Jun. 1, 2021 at 6:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures tumbled on Tuesday after JBS stopped slaughtering at U.S. plants because of a cyberattack. Brazil’s JBS told the U.S. government that a ransomware attack on the company originated from a criminal organization likely based in Russia, according to the White […]

By Tom Polansek

U.S. livestock: Lean hogs up on firm demand, tight supplies

May. 28, 2021 at 7:33 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Friday as pork demand remained firm and supplies of market-ready hogs stayed low, analysts said. “At some point though, you would think the wholesale price would put a damper on demand, at some point in the summer,” said […]

By Christopher Walljasper

StatsCan shows 2020 farm income up significantly

May. 27, 2021 at 10:22 pm CDT

Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up $4.8 billion from 2019 — a 36.5 per cent increase. Another measure — realized net farm income (RNFI) — saw […]

By Allan Dawson

U.S. livestock: Live cattle, lean hogs firm on meat demand

May. 27, 2021 at 7:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures climbed on Thursday on firming cash beef and pork prices and strong weekly export sales data from the U.S. Department of Agriculture (USDA). Feeder cattle futures were lower, however, pressured by soaring corn feed prices. USDA data […]

By Karl Plume

U.S. livestock: Lean hogs ease on profit-taking

May. 26, 2021 at 6:12 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Wednesday, as investors took profits after some nearby contracts scaled the highest levels in years during the session on strong cash hog and pork prices. Cash hog prices remained firm while pork values hovered near the […]

By Karl Plume