Insights and Stories on Pork

Olymel gets home province’s backing for plant upgrades

May. 21, 2021 at 9:31 am CDT

Pork and poultry producer and packer Olymel has picked up equity investments from its home province to support a total of $315 million in plant upgrades. The Quebec government announced Tuesday it would invest $74 million in Olymel through its economy and innovation ministry’s Fonds pour la croissance des entreprises […]

U.S. livestock: Cattle, hog futures up with cash markets

May. 19, 2021 at 7:19 pm CDT

By Mark Weinraub

U.S. livestock: Hog futures rally on technical bounce

May. 18, 2021 at 4:55 pm CDT

By Mark Weinraub

U.S. livestock: Live cattle futures close to unchanged

May. 17, 2021 at 4:02 pm CDT

By Mark Weinraub

U.S. livestock: Live cattle down, feeders up with corn

May. 14, 2021 at 6:00 pm CDT

By Tom Polansek

U.S. livestock: Live cattle futures fall on long liquidation

May. 13, 2021 at 6:52 pm CDT

Chicago | Reuters — U.S. live cattle futures fell 2.5 per cent on Thursday, following broad declines in grain and livestock markets that analysts attributed to fund-driven long liquidation and technical selling after recent highs. “It seems it was a risk-off day all across the board… It was more of […]

By Julie Ingwersen

JBS able to pass on higher grain costs in North America

May. 13, 2021 at 3:14 pm CDT

Sao Paulo | Reuters — JBS SA, the world’s largest meatpacker, has been able to pass higher grain costs on to consumer prices because food demand is strong in markets such as the U.S. and Canada, executives said in an earnings call Thursday. In Brazil, where higher feed prices have […]

By Reuters

U.S. livestock: Live cattle futures end mixed

May. 12, 2021 at 9:36 pm CDT

Chicago | Reuters — U.S. live cattle futures closed mixed on Wednesday, with the benchmark June contract easing in a light round of profit-taking while robust beef prices continued to underpin the market, traders said. Chicago Mercantile Exchange June live cattle futures settled down 0.025 cent at 118.6 cents/lb., retreating […]

By Julie Ingwersen

U.S. livestock: CME live cattle extend rally as beef prices climb

May. 11, 2021 at 7:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday for a fifth straight session, led by high-flying wholesale beef prices, analysts said. Feeder cattle futures also advanced but gains were muted as corn futures rallied, signaling higher costs to bring cattle up to market-ready weight. CME […]

By Julie Ingwersen

U.S. livestock: CME cattle gain as demand remains strong

May. 10, 2021 at 5:05 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures gained on Monday as cattle processing picked up, led by strong beef prices, while feed cattle gained on tight supplies and a lower corn trade, analysts said. CME June live cattle futures added 2.2 cents to 118.225 cents/lb., while August feeder […]

By Christopher Walljasper