Insights and Stories on Pork

U.S. livestock: CME cattle futures up on beef prices, demand

May. 7, 2021 at 8:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Friday on strong beef prices and demand for red meat that also catapulted margins for beef processors. Meat demand is high as federal stimulus checks have increased incomes and prompted consumers to spend more at supermarkets and restaurants, analysts […]

U.S. livestock: Cattle, hog futures rise with wholesale meat prices

May. 6, 2021 at 7:36 pm CDT

By Tom Polansek

U.S. livestock: Hogs rally again on pork prices, supply woes

May. 5, 2021 at 8:20 pm CDT

By Tom Polansek

U.S. livestock: Hog futures extend rally on cash prices, tight supply

May. 4, 2021 at 7:06 pm CDT

By Tom Polansek

U.S. livestock: Hogs set life-of-contract highs on tightening supplies

May. 3, 2021 at 8:03 pm CDT

By Tom Polansek

Workers call strike at Olymel hog plant in Quebec

Apr. 30, 2021 at 9:50 pm CDT

Talks toward a new contract for unionized employees at meat packer Olymel’s hog slaughter and processing plant in Quebec’s Beauce region have ended in a strike. The Syndicat des travailleurs d’Olymel Vallee-Jonction-CSN, which represents over 1,000 staff at Vallee-Jonction, about 60 km southeast of Quebec City, called an “indefinite” strike […]

By Dave Bedard

U.S. livestock: Lean hogs climb on tightening hog supply

Apr. 30, 2021 at 7:04 pm CDT

Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange gained on Friday on continued tight hog supplies that threaten to shrink available pork at a time when consumer demand remains strong. “Hog supplies are still shrinking seasonally. Pork supplies are figuring to tighten up as well,” […]

By Christopher Walljasper

U.S. livestock: Live cattle gain on grain market uncertainty

Apr. 29, 2021 at 5:29 pm CDT

Chicago | Reuters — U.S. live cattle futures gained on Thursday, as mixed grain trade offered some relief for feed costs, while strong beef demand continued to support prices, traders said. CME’s June live cattle futures added 0.6 cent to 116.05 cents/lb., while August feeder cattle futures gained 0.975 cents […]

By Christopher Walljasper

U.S. livestock: Hog futures gain as supply outlook wanes

Apr. 28, 2021 at 6:09 pm CDT

Chicago | Reuters — U.S. lean hog futures climbed on Wednesday, supported by tight supplies and low inventory of available young hogs for producers as summer demand ramps up, traders said. CME most-active June lean hogs added 2.45 cents, to 109.125 cents/lb., with all contract months but June notching life-of-contract […]

By Christopher Walljasper

U.S. livestock: Live cattle ease on higher grain costs

Apr. 27, 2021 at 7:00 pm CDT

Chicago | Reuters — U.S. live cattle futures eased on Tuesday, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs, traders said. “You’ve got your cost of gains climbing and climbing,” said Scott Varilek, broker at Kooima Kooima Varilek […]

By Christopher Walljasper