CME December 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME cattle drop as fire closes JBS plant

Lean hogs extend slump

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell to their lowest prices since June on Monday on concerns that U.S. ranchers could temporarily lose a place to deliver their livestock for slaughter after a fire damaged a JBS USA beef plant. JBS, owned by Brazilian firm JBS SA, halted production at the plant […] Read more

(JBSS.infoinvest.com.br)

JBS plans to reopen Nebraska beef plant damaged in fire

'Primary production areas' not hit

Chicago | Reuters — JBS USA on Monday halted production at a Nebraska beef plant that slaughters about five per cent of U.S. cattle due to a fire, but said the company expects to resume operations on Tuesday. The temporary closure highlighted concerns among lawmakers and ranchers that the U.S. is vulnerable to supply disruptions […] Read more


CME October 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog cash index (blue line, left column). (Barchart)

U.S. livestock: CME hog futures fall as pork demand softens

CME cattle down despite firmer cash trade

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the sixth consecutive day on Friday, pressured by lower pork demand coinciding with larger hog supplies, analysts said. The hog market also felt the effects of investment funds liquidating long positions, traders said. “We saw a fair amount of weakness. This market has been […] Read more

online feedback

… Survey says?

Research on the Record with Reynold Bergen

In last February’s column, I encouraged you to fill out our online beef research survey to help the Beef Cattle Research Council and other industry and government funders develop a clear set of priorities to guide our funding decisions over the next five years. Thanks for responding — we had nearly twice as many responses […] Read more


CME October 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME hogs hit lowest in more than six months

Cash market bearish on cattle futures

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the fifth day in a row on Thursday, with the front-month contract hitting its lowest since March 2 on a continuous basis. The hog market was under pressure from long liquidation by investment funds, traders said. Cattle futures were mixed, with live cattle edging […] Read more



CME October 2021 live cattle (candlesticks) with 20-, 100- and 200-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME live cattle touch three-month lows

Demand from packers softening

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slid to three-month lows on Tuesday, as beef demand slows, leaving cattle producers with ample supply as packer demand softens, traders said. “Packers are bought for a long ways out — have a lot of inventory,” said Scott Varilek, broker at Kooima Kooima Varilek Trading […] Read more

CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME live cattle lower as beef prices cool

Lean hogs close mostly lower

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Thursday, on softening wholesale beef prices and a lack of supportive news, traders said. CME October live cattle settled down 1.525 cents at 126.05 cents/lb. after hitting 125.875, near the contract’s 100-day moving average and its lowest price since Aug. 6 (all figures […] Read more


CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME live cattle end up off six-session skid

Hogs up but still rangebound

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher Wednesday on short-covering after a six-session decline and expectations of firming cash cattle prices, traders said. However, the rally was capped by falling wholesale beef prices, with the U.S. grilling season poised to wind down after Monday’s Labour Day holiday. CME October live […] Read more

A Western blot analysis, used to detect specific proteins in tissue samples, is used to confirm BSE in cattle. (Peggy Greb photo courtesy ARS/USDA)

Brazil’s ag ministry investigating suspected BSE case

Evidence suggests 'atypical' BSE, source says

Sao Paulo | Reuters — Brazil’s agriculture ministry said Wednesday it was investigating a suspected case of bovine spongiform encephalopathy (BSE) in the country, according to a statement. An industry source told Reuters, on condition of anonymity, that the suspected case occurred in the southeastern state of Minas Gerais. The ministry said such investigations are […] Read more