
Tag Archives beef

U.S. livestock: CME hog futures up off three days of losses
Chicago live cattle down, feeder cattle firm
Chicago | Reuters — CME Group hog futures rose on Thursday, snapping a three-session losing streak that pushed prices to their lowest since March 7 on some mild bargain buying, traders said. But the gains were kept in check by concerns that the growth of the Chinese herd could slow buying demand from the world’s […] Read more

U.S. produces highest-quality beef
Prime Cuts with Steve Kay
It has taken several decades to reach this point but the U.S. beef industry is now producing the highest-quality beef in its history. This comes from improved genetics in the beef cow herd, innovations and advances in all aspects of cattle feeding, encouragement of packer premiums through grid pricing and growing consumer demand for higher-quality […] Read more

U.S. livestock: CME cattle, hog futures weak as feeding costs rise
Corn's 'unending rally' drags on feeder cattle
Chicago | Reuters — CME cattle futures fell on Wednesday as traders assessed higher feeding costs due to a sharp gains in corn. Hog futures were also weak, falling for the sixth time in seven sessions, with prospects for more COVID-19 lockdowns in China further chilling the already weak export demand from the world’s top […] Read more

U.S. livestock: CME hog futures fall to lowest since early March
June live cattle up on bargain buying
Chicago | Reuters — CME Group hog futures fell to their lowest in more than seven weeks on Tuesday, pressured by follow-through selling after dropping in four of the previous five sessions with supplies in focus as kill rates were expected to rise. Concerns about lower pork consumption in China due to COVID-19-related lockdowns in […] Read more

CARVE beefs up its offerings
While the pandemic has presented challenges, the people behind this made-in-Ontario beef brand are confident about its future prospects
Despite serious setbacks from the pandemic, an innovative beef branding program is on track to make even greater gains that benefit consumers and beef producers. CARVE Premium Ontario Beef is a brand launched by Flanagan Foodservice in 2017. Flanagan’s is a food distributor with 8,000 customers across the province, including restaurants, health care institutions, caterers, […] Read more

U.S. livestock: CME live cattle retreat off two-month high
U.S. cattle on feed up two per cent; Chicago lean hogs end higher
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange ended lower on Friday in a profit-taking setback from two-month highs amid worries about inflation curbing consumer demand for beef, traders said. Larger-than-expected numbers of U.S. cattle on feed announced by the U.S. Department of Agriculture after the CME close could pressure futures […] Read more

U.S. livestock: CME live cattle hit two-month peak
Rising cash markets support cattle; hogs down for third straight session
Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange jumped to a two-month high on Thursday, led by firming cash cattle markets and optimism about a seasonal climb in U.S. beef demand as the summer grilling season nears, traders said. CME June live cattle futures settled up 1.275 cents at 139.9 cents/lb. […] Read more

U.S. livestock: CME live cattle near two-month high
Cash cattle market firms; hog futures lower
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange hit their highest in nearly two months on Wednesday, led by firming prices for market-ready cattle in the cash market, traders said. Live cattle traded as high as $146 per hundredweight (cwt) in eastern Nebraska cash markets, traders said, while dressed cattle in […] Read more

U.S. livestock: CME hog futures backpedal off April high
Chicago cattle futures up
Chicago | Reuters — Profit-taking weighed on Chicago Mercantile Exchange lean hog futures on Tuesday after prices leapt to their highest price this month, traders said. Most-active June lean hogs settled down 1.075 cents at 121.325 cents/lb. (all figures US$). The contract is up eight per cent since nearing a one-month low on April 5 […] Read more

U.S. livestock: CME hog futures top two-week high
Chicago cattle futures ease
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied to their highest price in more than two weeks on Monday, while live cattle and feeder cattle futures weakened. Hopes for increased domestic demand from summertime grilling and cookouts helped lift hog futures, analysts said. They added that surging grain and soybean futures raised […] Read more