Insights and Stories on Pork

U.S. livestock: CME live cattle exceed two-week highs in rebound

Mar. 27, 2023 at 7:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed stronger and touched their highest prices in more than two weeks on Monday as livestock markets recovered from recent losses, analysts said. The Dow and S+P 500 also ended higher, after turmoil in the banking sector recently weighed on […]

U.S. livestock: CME hogs slide to new contract lows, finish mixed

Mar. 23, 2023 at 7:45 pm CDT

By Tom Polansek

U.S. livestock: CME hogs fall to contract lows on demand worries

Mar. 22, 2023 at 4:51 pm CDT

By Tom Polansek

U.S. livestock: CME lean hogs hit contract lows on follow-through selling

Mar. 21, 2023 at 6:19 pm CDT

By Tom Polansek

U.S. livestock: June live cattle, hogs continue lower

Mar. 20, 2023 at 8:04 pm CDT

By Dave Bedard

U.S. livestock: Nearby CME lean hogs recover slightly from slide

Mar. 17, 2023 at 7:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended slightly higher in the nearby contract on Friday in a rebound from steep declines this week, though deferred contracts extended losses, traders said. Lower cutout values continue to hang over the futures market, along with broader pressure from market […]

By Tom Polansek

U.S. livestock: Hogs limit down on disease chatter

Mar. 16, 2023 at 5:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank by the maximum daily trading limit on Thursday on rumours about a potential outbreak of a fatal pig disease which the U.S. government later said were untrue. Unsubstantiated chatter about a U.S. case of African swine fever swirled in […]

By Tom Polansek

U.S. livestock: CME cattle set multi-week lows as bank selloff hits Wall Street

Mar. 15, 2023 at 7:58 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled to multi-week lows on Wednesday as losses in U.S. stocks and fears about a banking crisis spilled into livestock markets, analysts said. The Dow and S+P 500 closed lower as problems at Credit Suisse piled more pressure on the banking […]

By Tom Polansek

U.S. livestock: CME cattle, hogs decline amid demand worries

Mar. 14, 2023 at 6:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange livestock markets ended lower again on Tuesday, with cattle and hog futures easing on demand concerns, analysts said. Front-month feeder cattle futures hit their lowest price since March 3, extending a retreat from a 2015 high reached last week. Front-month live cattle, meanwhile, […]

By Tom Polansek

Maple Leaf sees ‘inflection point’ beyond red ink of 2022

Mar. 14, 2023 at 3:25 am CDT

Another of Canada’s major pork and poultry packers has reported significant net losses in its 2022 ledger, but sees “green shoots” suggesting a return to normal pork markets and stable supply chains this year. Maple Leaf Foods on Thursday reported a net loss of $311.89 million on $4.739 billion in […]

By Dave Bedard