Insights and Stories on Pork

U.S. livestock: Hogs limit down on new China stats

Jun. 16, 2021 at 6:22 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell their daily three-U.S.-cent limit on Wednesday, pressured by falling U.S. wholesale prices for pork products and news of increasing hog numbers in China, traders said. China’s pig herd rose 23.5 per cent in May from a year earlier, […]

U.S. livestock: Live cattle hit two-month high

Jun. 15, 2021 at 7:12 pm CDT

By Julie Ingwersen

U.S. livestock: Cattle futures climb as corn prices cool

Jun. 14, 2021 at 7:16 pm CDT

By Julie Ingwersen

U.S. livestock: Cattle gain on strong packer margins

Jun. 11, 2021 at 6:53 pm CDT

By Karl Plume

U.S. livestock: Lean hogs end mostly higher

Jun. 10, 2021 at 6:37 pm CDT

By Karl Plume

JBS says it paid US$11 million in bitcoin for ransom

Jun. 10, 2021 at 3:58 pm CDT

Reuters — Meatpacker JBS USA paid a ransom equivalent to US$11 million (C$13.3 million) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement Wednesday. The subsidiary of Brazilian firm JBS halted cattle slaughtering at all of its U.S. plants and its […]

By Reuters

U.S. livestock: Front-month hogs hit seven-year high in thin trade

Jun. 9, 2021 at 5:14 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended mixed on Wednesday, with the thinly traded June contract rising to a seven-year high as strong domestic demand continues to underpin prices even as export prospects wane, traders said. The most-active hog futures contract eased on profit-taking but […]

By Mark Weinraub

U.S. livestock: July hogs retreat after matching contract high

Jun. 8, 2021 at 7:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended mixed on Tuesday after matching a contract high because of tight U.S. supplies and firm cash markets, analysts said. The hog market has surged this year due to strong domestic demand and solid export sales to China, the […]

By Tom Polansek

U.S. livestock: Hog futures rise on strength in cash market

Jun. 7, 2021 at 5:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures rose on Monday, with the market underpinned by tight supplies and firm cash markets, traders said. But technical selling kept the gains in check, with the front-month contract failing to take out the seven-year high it hit on Friday. CME […]

By Mark Weinraub

U.S. livestock: CME feeder cattle slide on higher feed costs

Jun. 4, 2021 at 4:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures slipped on Friday, weighing on live cattle as rising corn futures pushed feed prices higher. “I think the downturn in feeders certainly was a factor,” said Altin Kalo, economist at Steiner Consulting Group. “I don’t see any other fundamental […]

By Christopher Walljasper