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Tag Archives Beef


CME August 2023 live cattle with 20- and 50-day moving averages and October 2023 live cattle (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle down off contract highs on profit-taking

Hogs also down off early strength

By Julie Ingwersen July 13, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned lower on Wednesday on a round of profit-taking after most months climbed to life-of-contract highs, with a seasonal downturn […] Read more

JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets

Brazil’s JBS reboots plan to list shares in New York

International meat packer hopes for access to lower-cost capital

By Ana Mano, Roberto Samora July 12, 2023
Sao Paulo | Reuters — JBS SA, the world’s largest meat packer, on Wednesday proposed listing its shares in New York, hoping the move will bring its multiples closer to […] Read more

CME August 2023 lean hogs with 20- and 50-day moving averages and October 2023 lean hogs (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs rally as pork prices rise

August live cattle touch new contract high

By Julie Ingwersen July 12, 2023
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Tuesday, bouncing after a three-session slide as wholesale pork prices rose and cash hog prices firmed, traders […] Read more

(Geralyn Wichers photo)
Livestock, Markets

Klassen: Feeder market consolidates at historical highs

Higher borrowing costs offset lower feed prices

By Jerry Klassen July 11, 2023
For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. […] Read more

CME October 2023 live cattle with 20- and 100-day moving averages and August 2023 live cattle (dark red line). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle end higher on firm cash values

Hogs settle lower off recent highs

By Karl Plume July 11, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended modestly higher on Monday on follow-though buying from Friday and carry-over strength from last week’s strong cash cattle market. […] Read more


Might cultivated meat be serious competition for the real thing in the future?
News

Editorial: Cultivated meat no competition

By Kristy Nudds July 10, 2023
For the past several months, I’ve been following registered dietician Diana Rodgers on LinkedIn. She’s the executive director of Global Food Justice Alliance, an organization whose mandate is to advocate […] Read more

CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle climb on firmer cash market

Hogs down on technical selling

By Karl Plume July 7, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied on Friday on tight fed cattle supplies and higher cash market sales in the central U.S. Plains and western […] Read more

CME October 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle ease on weak cash market

Lean hog futures mostly higher

By Karl Plume July 6, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures declined on Thursday as a weak tone to the cash market and worries about slowing beef demand weighed on prices, […] Read more


CME August 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures turn lower

Current-year hog futures higher

By Dave Bedard July 6, 2023
Chicago Mercantile Exchange live cattle and feeder cattle futures took a turn lower in resumed trading Wednesday while near-month hogs turned higher. Most-active August live cattle came back off the […] Read more

CME August 2023 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME feeder cattle firm on choppy corn trade

Live cattle, lean hogs mixed

By P.J. Huffstutter July 3, 2023
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased and feeder cattle futures ticked up on Monday, as corn prices faced a choppy trading day at the start […] Read more

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