Workers use knives to butcher cattle carcasses at a new Hertzog Meat Co. beef plant at Butler, Missouri on June 14.

Stung by pandemic and JBS cyberattack, U.S. ranchers build new beef plants

CATTLE | A number of new operators are entering the fray, albeit at relatively small volumes

U.S. cattle ranchers and investors are sinking hundreds of millions of dollars into new beef plants after temporary closures of massive slaughterhouses at the start of the COVID-19 pandemic left farmers with nowhere to send animals. A cyberattack against the U.S. unit of Brazilian meatpacking giant JBS SA that idled nearly a quarter of America’s


Dry conditions generate slaughter cow traffic

Dry conditions generate slaughter cow traffic

AUCTIONS | Solid demand remains supportive for prices

While the seasonal slowdown is in effect, activity at Manitoba’s cattle auction yards was still busier than usual for late June, as concerns over pasture conditions and forage availability saw large numbers of slaughter cattle move through the rings. “Drought conditions are pushing slaughter cows to the marketplace,” said cattle buyer Rick Wright of Heartland



CME August 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and August 2021 live cattle (dark red line). (Barchart)

U.S. livestock: Lean hogs retreat from one-week high

CME August live cattle up, feeders lower

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended lower on Wednesday in a retreat from early gains in which the most-active contract topped a one-week high. Traders watched a rally in grain prices that makes it more expensive to feed livestock. Corn and soy futures soared at the Chicago Board of Trade

CME August 2021 lean hogs (candlesticks) with 20- and 100-day moving averages (pink and brown lines) and August 2021 live cattle (dark red line). (Barchart)

U.S. livestock: Lean hog futures touch one-week high

CME August live cattle up

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures touched a one-week high on Tuesday in a rebound from recent losses, while live cattle futures were mixed. The hog market is recovering after dropping last week to a nine-week low, traders said. Hopes for improved export demand helped support prices, traders said. CME August



CME August 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines) and August 2021 live cattle (dark red open/high/low/close). (Barchart)

U.S. livestock: Hog futures rally as China buys pork

Cattle futures, beef cutout values lower

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose three per cent on Monday, supported by rising demand as China moved to buy pork for its reserves to shore up the domestic market, traders said. China’s state planner said on Monday that central and local governments will start buying pork for state reserves to