Insights and Stories on Pork

U.S. livestock: CME live cattle lower as beef prices cool

Sep. 2, 2021 at 8:19 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday, on softening wholesale beef prices and a lack of supportive news, traders said. CME October live cattle settled down 1.525 cents at 126.05 cents/lb. after hitting 125.875, near the contract’s 100-day moving average and its lowest price […]

U.S. livestock: CME live cattle end up off six-session skid

Sep. 1, 2021 at 8:10 pm CDT

By Julie Ingwersen

Striking Olymel workers accept new six-year deal

Aug. 31, 2021 at 7:48 pm CDT

By Dave Bedard

U.S. livestock: CME live cattle fall to lowest in three weeks

Aug. 31, 2021 at 5:22 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle follow boxed beef lower

Aug. 30, 2021 at 8:09 pm CDT

By Tom Polansek

Olymel, union reach second tentative deal to end strike

Aug. 30, 2021 at 2:42 am CDT

A second agreement in principle has been reached between meat packer Olymel and the union for one of its major Quebec hog slaughter and processing plants to end a months-long strike — this time under threat of layoffs. Olymel and the CSN-affliliated Syndicat des travailleurs de Olymel Vallee-Jonction (STOVJ) announced […]

By Dave Bedard

U.S. livestock: CME lean hogs rise, narrowing discount to cash market

Aug. 27, 2021 at 5:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed on Friday, led by the nearby October contract, in a technical and bargain-buying rally that narrowed the market’s sizeable discount to the exchange’s lean hog index, traders said. Actively traded October futures scaled to a 3-1/2 week peak and […]

By Karl Plume

Union rejects province’s call for arbitration in Olymel strike

Aug. 27, 2021 at 12:12 am CDT

A proposal from Quebec’s labour minister to end a four-month strike at a major hog slaughter plant, which has created a backlog of market-weight hogs on farms in Eastern Canada, has been rejected by the workers’ union. Provincial Labour Minister Jean Boulet, at a meeting Thursday morning, put out a […]

By Dave Bedard

U.S. livestock: CME cattle futures fall on lower cash cattle

Aug. 26, 2021 at 6:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third day on Thursday, as the softer cash market in the southern U.S. Plains weighed on futures, traders said. “This cash just continues to struggle,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. “We’ve […]

By Christopher Walljasper

U.S. seeks to protect pork exports if swine fever hits territories

Aug. 26, 2021 at 4:27 pm CDT

Chicago | Reuters — The United States said on Thursday it is seeking to avoid disruptions to pork exports if the territories of Puerto Rico or the U.S. Virgin Islands detect the fatal pig disease African swine fever. The risk for infections in the territories is higher after the Dominican […]

By Reuters