Insights and Stories on Pork

U.S. livestock: Cattle, hogs rally on strong outside markets

Mar. 3, 2023 at 8:33 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose sharply on Friday, as gains in outside markets bolstered optimism about the economy and consumer demand for beef and pork, traders said. Concerns that a late winter storm forecast for the U.S. Midwest this weekend could disrupt supply […]

U.S. livestock: Cattle, hogs ease on weak exports

Mar. 2, 2023 at 6:03 pm CST

By Mark Weinraub

U.S. livestock: Cattle, hog futures drop but declines limited

Mar. 1, 2023 at 6:08 pm CST

By Mark Weinraub

U.S. livestock: Cattle futures strong

Feb. 28, 2023 at 4:41 pm CST

By Mark Weinraub

U.S. livestock: Cattle futures dip on profit-taking

Feb. 27, 2023 at 6:47 pm CST

By Mark Weinraub

U.S. livestock: CME live cattle consolidate after hitting new contract high

Feb. 24, 2023 at 7:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures consolidated on Friday after setting a string on contract highs recently, while lean hog futures eased. The cattle market looks ripe for a correction after futures rose this month on tightening U.S. supplies, brokers said. However, cattle inventories look even […]

By Tom Polansek

U.S. livestock: CME cattle set high on Brazil halting beef exports to China

Feb. 23, 2023 at 5:19 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures reached a contract high on Thursday amid hopes that Chinese importers will buy more U.S. beef after rival supplier Brazil suspended shipments to China, analysts said. Brazil said it would halt beef exports to China, the main destination for its […]

By Tom Polansek

U.S. livestock: CME hog futures sag as pork prices retreat

Feb. 22, 2023 at 7:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Wednesday, retreating from six-week highs set a day earlier as wholesale pork prices backed down after spiking higher early in the week. Live cattle futures closed mixed, underpinned by surging beef prices. At the CME, April hogs […]

By Julie Ingwersen

U.S. livestock: Cattle, hog futures climb

Feb. 21, 2023 at 8:13 pm CST

Chicago Mercantile Exchange (CME) cattle and hog futures came out of their U.S. Presidents Day break trading higher, with front-month live cattle posting eight-year highs. CME February 2023 live cattle touched 164.975 cents/lb. in Tuesday’s trade before closing at 164.75 cents, up 1.175 cents from Friday’s close and the highest […]

By Dave Bedard

U.S. livestock: CME live cattle post near-eight-year highs

Feb. 17, 2023 at 6:28 pm CST

Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange set life-of-contract highs on Friday and the front contract hit its highest since 2015 as shrinking cattle supplies lifted cash prices, traders said. Market-ready cattle traded in southern Plains cash markets at $160-$162 per hundredweight (cwt), traders […]

By Julie Ingwersen