Insights and Stories on Slaughter

U.S. livestock: Hog futures firm, cattle mixed

Feb. 16, 2022 at 5:31 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog futures firmed on Wednesday, with concerns about processing margins seen limiting supplies in the coming months. “High feed costs and low prices there have production margins as poor as they’ve been in at least eight years,” brokerage StoneX said in a note […]

U.S. livestock: CME lean hogs climb as tight supplies persist

Feb. 15, 2022 at 8:12 pm CST

By Christopher Walljasper

U.S. livestock: CME live cattle retreat on profit-taking

Feb. 11, 2022 at 7:02 pm CST

By Tom Polansek

U.S. livestock: CME live cattle lower, strong slaughter data supportive

Feb. 10, 2022 at 6:49 pm CST

By Christopher Walljasper

U.S. livestock: CME live cattle, lean hogs set contract highs

Feb. 9, 2022 at 6:53 pm CST

By Tom Polansek

U.S. livestock: CME hogs up as processors seek market-ready supply

Feb. 8, 2022 at 6:23 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Tuesday, supported by cash prices as packers attempted to pull market-ready hogs forward to slaughter, analysts said. “Packers are clearly chasing hogs. The supply of butcher hogs is not enough to meet demand,” said Dennis Smith, commodity broker […]

By Christopher Walljasper

Pork industry looks ahead from turbulent 2021

Feb. 4, 2022 at 8:00 pm CST

MarketsFarm — Labour shortages caused by the COVID-19 pandemic, high feed costs and lower prices posed constant threats to Canada’s hog industry in 2021. Nevertheless, pork appears to be in a good spot entering 2022, according to two analysts. “2021 was not the best, but not the worst,” said Tyler […]

By Adam Peleshaty

U.S. livestock: CME lean hogs up on tight supplies, good demand

Feb. 4, 2022 at 6:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday as tight hog supplies and strong demand fueled gains for the fifth time in six sessions. The market shrugged off negative technical signals following a lower close in actively traded April futures on Thursday after posting a […]

By Karl Plume

U.S. livestock: CME hog, cattle futures end lower

Feb. 3, 2022 at 8:10 pm CST

Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures closed lower on Thursday, retreating as traders paused to book profits after the benchmark contracts in both markets climbed to life-of-contract highs. CME April lean hogs settled down 0.75 cent at 98.375 cents/lb., easing after notching a contract high […]

By Julie Ingwersen

JBS reaches ‘icebreaker’ settlement of beef price-fixing claims

Feb. 2, 2022 at 9:49 pm CST

Reuters — JBS has agreed to pay US$52.5 million to settle litigation accusing meatpacking companies of conspiring to limit supply in the $63 billion-a-year U.S. beef market in order to inflate prices and boost profit. The preliminary settlement by the Brazilian company and its U.S. units with so-called direct purchasers […]

By jonathan-stempel