GFM Network News


U.S. livestock: Cattle futures end mostly lower

Hogs also ease as rally pauses

Reading Time: 2 minutes 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

U.S. livestock: Cattle limit up on beef demand, strong packer margins

Cash hog prices up, pork cutout down

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures settled up their expanded daily limit on Tuesday as traders continued to react to soaring profit margins for beef packers that should lift prices in the cash cattle market this week. Retail demand for meat has surged as fears of the COVID-19 coronavirus prompt consumers to stock […] Read more



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

Hog futures also limit up, following cattle higher

Reading Time: 2 minutes 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



U.S. livestock: Cattle, hogs rebound with grocery demand in focus

Reading Time: < 1 minute Chicago | Reuters — U.S. livestock futures rose on Thursday, part of a broad recovery in the agriculture markets stemming from a rebound in crude oil prices and export hopes, traders said. Strong demand for meat in the retail sector underpinned the gains as the industry scrambled to restock grocery stores as the coronavirus pandemic […] Read more


U.S. livestock: Cattle, hogs fall on demand uncertainty

Reading Time: < 1 minute Chicago | Reuters — U.S. livestock futures fell on Wednesday, pressured by sharp declines in the equities markets and uncertainty about demand due to the COVID-19 coronavirus pandemic. The cattle and hog markets surged on Tuesday because of strength in the cash market after consumers cleared out grocery store shelves in anticipation of being homebound […] Read more

U.S. livestock: Cattle, hogs rally after grocery stores depleted

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle and hog futures surged on Tuesday, fueled by strength in the cash market as the grocery sector looked to restock shelves following heavy buying during the weekend. Bargain buying also helped support the livestock market. Both live cattle and feeder cattle futures were recovering from near 10-year lows hit […] Read more



U.S. livestock: Cattle futures hit 10-year lows

Coronavirus stokes demand uncertainty

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures plunged on Monday to their lowest in nearly a decade, with traders citing uncertainty about what the coronavirus pandemic will mean for long-term demand. Hog futures also were sharply lower, sinking to their lowest since October 2018. All fed cattle contracts and most hog contracts settled down the […] Read more