Insights and Stories on Packers

Klassen: Feeder cattle market searching for direction

Jul. 7, 2020 at 10:35 am CDT

Western Canadian feeder cattle prices continue to trade in a sideways pattern. Compared to last week, prices were quoted $2-$3 on either side of unchanged. Most auction barns were on holidays last week and arenas that did hold sales experienced limited volumes. Therefore, the market was hard to define. U.S. […]

U.S. meatpacking workers often absent after plants ordered to reopen

Jun. 15, 2020 at 8:38 pm CDT

By Andy Sullivan Tom Polansek

U.S. livestock: Live cattle futures lower on profit-taking

May. 11, 2020 at 7:58 pm CDT

By Julie Ingwersen

U.S. livestock: Cash cattle, futures up on beef packer scrutiny

May. 8, 2020 at 7:27 pm CDT

By Tom Polansek

Trump asks U.S. Justice Department to look into meat price disparities

May. 7, 2020 at 1:51 am CDT

By Reuters

U.S. livestock: Futures surge on technical buying as plants reopen

May. 6, 2020 at 4:34 pm CDT

Chicago | Reuters — U.S. cattle and hog futures rose on Wednesday amid a flurry of technical buying — with some live and feeder cattle futures surging to daily trading limits — as investors said they were keeping a close eye on signs of packing plants reopening in the wake […]

By P.J. Huffstutter

U.S. livestock: Cattle, hogs slide after three days of gains

May. 5, 2020 at 6:34 pm CDT

Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures […]

By Christopher Walljasper

U.S. grains: Soy rises on stronger Brazilian currency

Apr. 29, 2020 at 7:44 pm CDT

Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as plans to ease lockdown measures and a move by U.S. President Donald Trump to keep meat factories open tempered fears about demand destruction caused by the coronavirus epidemic. Wheat futures slid, hitting a one-month low as rains […]

By Christopher Walljasper

U.S. livestock: Hogs limit up on fears of tightening supplies

Apr. 27, 2020 at 7:42 pm CDT

Chicago | Reuters — U.S. lean hog futures rose their daily limit on Monday on fears of tightening domestic pork supplies as the coronavirus pandemic forces slowdowns at slaughterhouses, analysts said. June lean hog futures on the Chicago Mercantile Exchange settled up the daily maximum of 3.75 cents at 55.275 […]

By Julie Ingwersen

Pig farmers seek aid of $20 per hog against market crash

Apr. 23, 2020 at 12:24 pm CDT

Canada’s hog producers seek an immediate federal cash injection equivalent to $20 per hog against a market crash that’s expected to cost their sector about $675 million overall. Officials with the Canadian Pork Council on Thursday called for Ottawa to provide further aid to hog farmers who are now expecting […]

By Dave Bedard

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