Insights and Stories on Packer Margins

U.S. livestock: CME cattle rise on hopes for cash prices

Oct. 31, 2023 at 6:50 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange livestock futures crept higher on Tuesday as the cattle markets continued to rebound from multi-month lows reached last week. Expectations for higher cash prices this week and beyond helped to underpin futures, analysts said. Cash prices improved on Friday, compared to the middle […]

U.S. livestock: CME cattle sag on packer margins, beef export sales

Oct. 19, 2023 at 4:47 pm CDT

By Tom Polansek

U.S. livestock: CME cattle futures rise on supply concerns

Oct. 17, 2023 at 4:53 pm CDT

By P.J. Huffstutter

U.S. livestock: Cattle retreat as energy rally dents beef demand outlook

Oct. 13, 2023 at 7:16 pm CDT

By Karl Plume

U.S. livestock: CME feeder cattle, deferred live cattle set highs on tight supply

Sep. 8, 2023 at 5:41 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle ease, heat impacts in focus

Aug. 22, 2023 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a […]

By Christopher Walljasper

JBS posts quarterly loss on tight U.S. beef margins

Aug. 14, 2023 at 7:43 pm CDT

Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 […]

By Reuters

U.S. livestock: Cattle futures fall as packers’ profit margins in red

Aug. 11, 2023 at 7:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday, as cash cattle prices eased and packers continued to hemorrhage profits and remained reluctant to pay more for animals, analysts and traders said. Meanwhile, lean hog futures firmed as profit margins improved for pork processors. Limited cattle supplies […]

By P.J. Huffstutter

U.S. livestock: Cattle futures rise, hogs fall

Jun. 22, 2023 at 5:31 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures firmed on Thursday, rebounding from a sharp decline a day earlier on support from weakness in the corn market. Live cattle futures also closed higher but hog contracts weakened, extending a sell-off that started on Wednesday as traders said the […]

By Mark Weinraub

U.S. livestock: Hogs rally to nine-month high; cattle ease

Jun. 20, 2023 at 6:43 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose to a nine-month high as a recent slowdown in the pace of slaughter limited the amount of retail supplies. Cattle futures were weaker on an expected seasonal slowdown and a round of profit-taking, traders said. CME July hogs jumped three […]