Insights and Stories on Cutout

Nov. 17, 2020 at 8:02 pm CST

Chicago | Reuters — U.S. live cattle futures rose for a second straight session on Tuesday, lifted by higher cash beef prices and signs that cash cattle at feedlot auctions would trade at steady to higher prices this week. Consumer demand for beef has remained solid despite rising coronavirus infection […]

By Karl Plume

Oct. 5, 2020 at 5:29 pm CDT

Chicago | Reuters — U.S. live cattle and lean hog futures advanced on Monday on expectations that cash prices will remain firm, analysts said. Cash cattle prices are expected to rise $1-$2/cwt this week as packers ramp up slaughtering, said Brian Hoops, president of broker Midwest Market Solutions (all figures […]

By Tom Polansek

Oct. 2, 2020 at 6:10 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Friday, following as global financial markets fell after U.S. President Donald Trump tested positive for the coronavirus, adding to investor uncertainty. Disappointing U.S. job growth numbers heightened worries about consumer demand for beef, at a time […]

By Julie Ingwersen

Feb. 4, 2020 at 6:56 pm CST

Chicago | Reuters — U.S. hog futures closed mostly lower on Tuesday on concerns about a heavy slaughter pace coupled with uncertainty about export demand from China, the world’s biggest pork consumer, traders said. The weak tone underscored fears that the coronavirus outbreak in China could reduce export demand for […]

By Julie Ingwersen

Feb. 3, 2020 at 7:22 pm CST

Chicago | Reuters — U.S. hog futures closed mostly higher on Monday, with the benchmark April contract rebounding from a life-of-contract low on slightly firmer cash markets, traders said. Rallies were capped by continued uncertainty about the impact of the coronavirus on demand for commodities in China, the world’s top […]

By Julie Ingwersen