beef prices Archives - Page 6 of 21

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures drop as pandemic roils markets

Technical buying lifts hogs, feeder cattle

By GFM Network News April 6, 2020

Chicago | Reuters — U.S. live cattle futures plunged to their daily trading limit on Monday — with prices for the front-month contract hitting the lowest seen since December 2009 — as beef inventories remain robust with much of the U.S. restaurant industry shuttered due to the pandemic. April live cattle were down the 4.5-cent […] Read more

CME April 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Hog futures hit 17-1/2-year low

Cattle also sink as virus measures disrupt markets

By GFM Network News April 4, 2020

Chicago | Reuters — U.S. hog futures fell on Friday to the lowest point since late 2002 on tumbling pork prices and slowing slaughter rates as measures to control the COVID-19 coronavirus pandemic shuttered schools and restaurants and sent U.S. unemployment rates soaring. Cattle futures also dropped as wholesale beef and cash feedlot cattle prices […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle futures jump in end-of-month, -quarter rebound

Lean hog futures up in most months

By GFM Network News April 1, 2020

Chicago | Reuters — U.S. live cattle futures rallied by as much as the daily three-cent trading limit on Tuesday in an end-of-month and end-of-quarter profit-taking bounce following a steep drop fueled by concerns about the fast-spreading coronavirus and its economic impact. The recent dive in prices as governments imposed stay-at-home orders and restrictions on […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market experiences fortuitous bounce

By Jerry Klassen, GFM Network News March 31, 2020

Last week, the feeder market started on a very sluggish tone. Buyers were sitting back waiting for the market to establish direction. By Friday, yearling prices were up $2-$4 compared to seven days earlier, while calves were trading $4 to as much as $8 above week-ago levels. Cow-calf producers and backgrounding operators have been holding […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle futures end mostly lower

Hogs also ease as rally pauses

By GFM Network News March 25, 2020

Chicago | Reuters — Benchmark June live cattle futures on the Chicago Mercantile Exchange closed lower on Wednesday for the first time in five sessions as the market paused after a sharp rally driven by soaring retail beef prices. Wholesale beef prices jumped and packer profit margins skyrocketed this week as the COVID-19 coronavirus pandemic […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle futures limit up as beef prices surge

Hog futures also limit up, following cattle higher

By GFM Network News March 24, 2020

Chicago | Reuters — U.S. live cattle futures rose their daily limit on Monday, lifted by strong packer margins, rising wholesale beef prices and expectations of higher cash cattle prices this week after Tyson Foods said it would pay producers a one-time premium, traders said. Benchmark June live cattle futures on the Chicago Mercantile Exchange […] Read more

CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Plentiful supply pressures CME hogs

By GFM Network News December 9, 2019

Chicago | Reuters — U.S. hog futures fell on Monday in a turnaround from a two-week high last week, as large inventories pressured prices. Meat packers slaughtered an estimated 496,000 pigs, up from 475,000 a year ago, putting extra pork on the market. U.S. hog supplies are large after farmers expanded their herds to supply […] Read more

Livestock, Reuters

Cargill’s quarterly profit up on beef, egg demand

By GFM Network News September 26, 2019

Chicago | Reuters — Global commodities trader Cargill reported a three per cent increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in North America and growth in its animal nutrition businesses. Cargill, the largest privately held U.S. company, said its adjusted operating earnings rose to $908 million in […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle slide as traders eye weak cash prices

By Tom Polansek, GFM Network News August 31, 2019

Chicago | Reuters — U.S. cattle futures fell on Friday on weakness in the cash market, while hog futures ended mixed. Cattle futures and cash prices have tumbled since a fire at a Tyson Foods slaughterhouse at Holcomb, Kansas, this month removed a key buyer from the market. Some farmers have tried to delay cattle […] Read more

Workers sit outside the Tyson Fresh Meats processing plant at Holcomb, Kan. on Aug. 12, 2019, three days after a fire heavily damaged the facility. (Photo: Reuters/Adam Shrimplin)

Beef Cattle, Livestock, Markets, Reuters

USDA to probe beef market after Tyson plant fire

By GFM Network News August 28, 2019

Chicago | Reuters — U.S. Agriculture Secretary Sonny Perdue ordered an investigation into widening prices between cattle and beef on Wednesday after a recent fire at a Tyson Foods slaughterhouse in Holcomb, Kansas, shut the plant. Cattle prices have tanked because the fire temporarily eliminated a key buyer of livestock. Producers have worried that meat […] Read more

GFM Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

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Tag Archives beef prices

U.S. livestock: Live cattle futures drop as pandemic roils markets

U.S. livestock: Hog futures hit 17-1/2-year low

U.S. livestock: Cattle futures jump in end-of-month, -quarter rebound

Klassen: Feeder market experiences fortuitous bounce

U.S. livestock: Cattle futures end mostly lower

U.S. livestock: Cattle futures limit up as beef prices surge

U.S. livestock: Plentiful supply pressures CME hogs

Cargill’s quarterly profit up on beef, egg demand

U.S. livestock: Cattle slide as traders eye weak cash prices

USDA to probe beef market after Tyson plant fire

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