Insights and Stories on Hogs

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 […]

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

May. 28, 2021 at 7:33 pm CDT

By Christopher Walljasper

StatsCan shows 2020 farm income up significantly

May. 27, 2021 at 10:22 pm CDT

By Allan Dawson

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

May. 27, 2021 at 7:29 pm CDT

By Karl Plume

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

May. 26, 2021 at 6:12 pm CDT

By Karl Plume

U.S. livestock: Lean hogs up as pork prices rise, corn tumbles

May. 25, 2021 at 5:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded from the prior day’s losses on Tuesday on stronger cash pork prices and a weaker dollar, and as corn feed values fell sharply. Feeder cattle contracts also posted strong gains as benchmark corn futures on the Chicago Board of […]

By Karl Plume

U.S. livestock: Cattle futures sink as on-feed supply tops estimates

May. 24, 2021 at 7:53 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Monday after U.S. government data showed supplies in feedlots above trade expectations and as some traders worried about demand for beef. The U.S. Department of Agriculture (USDA) said late on Friday that May 1 on-feed cattle supplies stood […]

By Karl Plume

U.S. livestock: Hog futures rally to highest since August 2014

May. 21, 2021 at 7:51 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday to their highest in nearly seven years, with strong demand outstripping supplies on hand as restaurants around the U.S. have been reopening after COVID-19 shutdowns, traders said. “We are seeing strong retail demand, with the food service trying […]

By Mark Weinraub

Olymel gets home province’s backing for plant upgrades

May. 21, 2021 at 9:31 am CDT

Pork and poultry producer and packer Olymel has picked up equity investments from its home province to support a total of $315 million in plant upgrades. The Quebec government announced Tuesday it would invest $74 million in Olymel through its economy and innovation ministry’s Fonds pour la croissance des entreprises […]

By Dave Bedard

U.S. livestock: Cattle, hog futures up with cash markets

May. 19, 2021 at 7:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose on Wednesday, with the market underpinned by strength in the cash markets. Prices for the cattle contracts hit their highest in nearly a week, but closed off their session peaks as the corn market recovered from sharp declines. […]

By Mark Weinraub