Insights and Stories on Pork

U.S. livestock: December live cattle down off 7-1/2-year high

Dec. 14, 2022 at 4:25 pm CST

Chicago | Reuters — CME Group live cattle futures dropped on a round of profit taking after the front-month contract rose to its highest since June 2015 early in the session. Concerns about a winter storm damaging herds in the U.S. Plains provided support to cattle futures overnight. While supply […]

U.S. livestock: Hog futures rise on short-covering

Dec. 13, 2022 at 5:32 pm CST

By Mark Weinraub

U.S. livestock: CME February hogs hit two-month low

Dec. 12, 2022 at 7:43 pm CST

By Mark Weinraub

U.S. livestock: CME live cattle firm on cash resiliency

Dec. 9, 2022 at 7:55 pm CST

By Christopher Walljasper

U.S. livestock: Cattle futures firm despite softer cash cattle

Dec. 8, 2022 at 6:50 pm CST

By Christopher Walljasper

U.S. livestock: CME live cattle ease on seasonal retail softness

Dec. 7, 2022 at 5:38 pm CST

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange dipped on Wednesday, as easing post-holiday retail demand, combined with strong cash cattle prices, eats into processor profitability. “This week specifically is when we transition to buying for a lower-demand period, post-holidays,” said Rich Nelson, chief strategist at […]

By Christopher Walljasper

U.S. livestock: CME live cattle fall on wholesale beef weakness

Dec. 6, 2022 at 6:03 pm CST

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange slid on Tuesday, pressured by falling wholesale beef prices. “We had a really disappointing box beef value fall off to start the week yesterday, and a little follow through today,” said Matthew Wiegand, risk management consultant at FuturesOne. […]

By Christopher Walljasper

U.S. livestock: CME feeder cattle firm as corn inputs slide

Dec. 5, 2022 at 7:07 pm CST

Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange firmed for the fifth consecutive session, as corn, a significant input for producers, continues to fall, traders said. “The feeders have sort of been hobbled for a long time because of the elevated feed price,” said Dennis Smith, […]

By Christopher Walljasper

U.S. livestock: CME feeder, live cattle firm as trade eyes supplies

Dec. 2, 2022 at 5:26 pm CST

Chicago | Reuters — Feeder cattle futures on the Chicago Mercantile Exchange firmed on Friday, supported by lower feed grain costs and resilient live cattle futures, traders said. “The market has held together well, so there’s optimism there. Then you’ve got the grain market down double digits today, and down […]

By Christopher Walljasper

U.S. livestock: CME lean hogs firm with supplies in focus

Dec. 1, 2022 at 6:07 pm CST

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange firmed on Thursday, erasing the week’s earlier losses as smaller supplies of market-ready hogs offset seasonal pressure. “Fundamentally, we know we’re fairly tight on supplies. We’re not getting expansion,” said Alan Brugler, president of Brugler Marketing. The CME […]

By Christopher Walljasper