Insights and Stories on Pork

U.S. livestock: Live cattle, hogs mostly weaker

Apr. 25, 2023 at 3:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures contracts were mostly weaker on Tuesday, with ample supplies weighing on prices. Traders also noted pressure from poor cash market values and concerns about demand due to worries about the global economy. “There probably is a little bit […]

U.S. livestock: Feeder cattle fall after USDA report

Apr. 24, 2023 at 6:23 pm CDT

By Reuters

U.S. livestock: CME cattle mixed, cash-futures spread remains wide

Apr. 21, 2023 at 8:15 pm CDT

By P.J. Huffstutter

U.S. livestock: Volatility roils CME cattle market

Apr. 20, 2023 at 6:16 pm CDT

By P.J. Huffstutter

U.S. livestock: CME lean hogs touch new lows on fat supplies

Apr. 19, 2023 at 4:49 pm CDT

By P.J. Huffstutter

U.S. livestock: CME feeder cattle hit new highs

Apr. 18, 2023 at 4:54 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange’s April and May feeder cattle futures hit fresh contract highs on Tuesday on tight supplies, as analysts said they expected cattle placements to continue to trend down, traders said. Meanwhile, CME May lean hogs hit a contract low of 78.5 cents/lb., before closing […]

By P.J. Huffstutter

U.S. livestock: CME feeder cattle hit new highs on supplies, cash market

Apr. 17, 2023 at 5:21 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures hit new all-time highs in the nearby contracts on Monday, as bidding wars continue to rally cash prices as more producers show interest in expanding their herds, traders said. The rally helped give a boost to the pork market, where […]

By P.J. Huffstutter

U.S. livestock: CME live cattle pull back from all-time highs

Apr. 14, 2023 at 7:06 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Friday after racing to all-time highs during the previous three sessions as tightening U.S. supplies rallied cash prices. Profit-taking and technical pressured futures following the surge, though the market could still post new highs moving forward, analysts said. […]

By Tom Polansek

Olymel to shut one Quebec hog slaughter plant

Apr. 14, 2023 at 1:34 pm CDT

Quebec-based meat packer Olymel’s bid to stem losses in its fresh pork business now includes closing down one of its five Canadian hog slaughter plants. Olymel, the protein arm of Sollio Co-operative, announced Friday it will wind down operations at its hog slaughter, cutting and deboning plant at Vallee-Jonction, Que. […]

By Dave Bedard

U.S. livestock: CME live cattle hit another record high

Apr. 13, 2023 at 6:24 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures set a record high for the third consecutive session on Thursday as producers held out for higher prices from meatpackers searching for supplies, brokers said. Strong cash prices and tightening supplies have pushed futures above a 2014 record for the […]

By Tom Polansek