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Beef Cattle

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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs fall on anticipated larger supplies

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures slipped on Thursday as traders look ahead to increased supplies of hogs heading into the fall and producers hedge against the possibility of future price declines, traders said. CME August lean hog futures closed unchanged at 109.475 cents per pound, while benchmark October hogs lost […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on scarce supply and firmer cash markets

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday as cash trade firmed and wholesale beef prices march higher, traders said. “We have some tighter market-ready cattle supplies right now. The outlook is for supplies to tighten further later in the year and into next year,” said Doug Houghton, technical analyst […] Read more
Loblaw is expanding its initial purchase of certified sustainable beef.
Beef Cattle, Markets, News

Canada Beef Market Intelligence Update: Global survey pinpoints beef consumer priorities

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An online survey commissioned by Canada Beef revealed beef consumers share common priorities across nearly all borders when buying fresh beef or selecting a beef brand.  Consumers in the nine countries surveyed most commonly cited product freshness, quality certification or grade, price and product origin as top considerations when purchasing fresh beef. While selecting a […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more
Canada Beef Market Intelligence Update: Imports rise in Japan
Beef Cattle, Markets, News

Canada Beef Market Intelligence Update: Imports rise in Japan

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Japan’s imports of Canadian beef rose this spring, buoyed by increasing retail demand and expectations that American beef imports would be curbed. Japanese beef consumption remains relatively steady compared to last year’s levels, with foodservice sales anticipated to remain weak for the first half of 2021. Japan’s total beef import volumes in March were 54,200 […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs end mixed as traders eye Dominican hog disease

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mixed on Thursday as pressure from news of a deadly hog disease in the Dominican Republic offset support from strong export sales and firm cash hog prices, traders said. CME August lean hog futures settled up 0.600 cent at 106.300 cents per pound, while […] Read more
Photo: iStock/Getty Images
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Profit-taking drags down CME livestock futures

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Tuesday after rising to their highest price in more than three weeks, while feeder cattle pulled back from contract highs on Monday. Lean hog futures also weakened as traders took money off the table after recent gains. Traders said profit-taking hit cattle markets […] Read more

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