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Cattle Industry News By Category: Slaughter

03 June 2021
JBS plants across North America and Australia reopen
JBS SA employees started returning to work at meat plants on 2 June, a day after the company's beef operations stopped following a ransomware attack, disrupting meat production in North America and Australia....
02 June 2021
US says ransomware attack on JBS likely came from Russia
Brazil's JBS SA told the U.S. government that a ransomware attack on the company that disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia, the White House said on 1 June....
01 June 2021
Cyber attack hits JBS meat plants in Australia and North America
Australian and North American units of the world's largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil's JBS SA said in a statement....
31 May 2021
JBS Australia suffers cyber attack
Australia’s largest meat processing facility, operated by Brazil’s JBA SA, was hit by a major cyber attack over the weekend....
19 May 2021
CME update: live cattle futures jump while feeders drop
US June live cattle futures rose on 18 May, with traders saying that the market remains oversold after plunging 2.5 percent on 13 May....
US NFU and leading cattle producer organizations hold historic talks to tackle marketplace issues
National Farmers Union (NFU) recently joined with five other organizations that represent cattle producers to agree to work jointly on issues in the cattle marketplace....
18 May 2021
CME update: live cattle futures close to unchanged
US live cattle futures ended close to unchanged on 17 May, with attempts at a bargain buying rally fizzling out after hitting some key resistance points....
14 May 2021
CME update: live cattle futures tumble 2.5% on long liquidation
US live cattle futures fell 2.5% on 13 May, following broad declines in grain and livestock markets that analysts attributed to fund-driven long liquidation and technical selling after recent highs....
13 May 2021
CME update: live cattle futures end mixed and feeders rise as corn prices falter
US live cattle futures closed mixed on 12 May, with the benchmark June contract easing in a light round of profit-taking....
12 May 2021
CME update: live cattle futures extend their rally as beef prices climb
US live cattle futures rose on 11 May for a fifth straight session, following high-flying wholesale beef prices....
Tyson Foods warns that rising costs will erode profits despite lifting its revenue outlook
American meat processing giant Tyson Foods expects that rising costs will hit profits in later quarters of 2021, even though the company raised its full-year revenue forecast due to higher meat prices and improving consumer demand....
11 May 2021
CME update: cattle futures rise again as demand remains strong
US live cattle futures gained on 10 May as cattle processing picked up, led by strong beef prices....
10 May 2021
CME update: cattle futures rise on improved US beef prices and an upswing in demand
US cattle futures rose on 7 May as strong beef prices and demand for red meat that catapulted margins for beef processors....
07 May 2021
CME update: cattle futures rise with wholesale meat prices
US live cattle futures climbed on 6 May as US wholesale prices increased....
06 May 2021
Ontario's meat processors get a boost from Canadian Agricultural Partnership
The $7 million investment will help improve production and safety measures in Ontario's slaughterhouses....
05 May 2021
CME update: cattle futures end lower as supplies rise
US live cattle futures sank on 4 May as traders contended with ample supplies of cattle and a steady slaughter pace....
04 May 2021
CME update: cattle futures end mixed as traders brace for weak cash prices
Despite strong export demand and climbing packer margins, traders reported a mixed day on 3 May....
03 May 2021
CME update: live cattle futures gain ground while feeder cattle continue their decline
US live cattle futures rose on 30 April while feeder cattle futures continued to fall as climbing corn futures translated into higher feed costs....
29 April 2021
CME update: cattle futures ease on pressure from feed prices
US live cattle futures settled lower on 28 April, as higher grain prices push producers to sell cattle early to avoid feed costs, creating a surplus of market-ready cattle....
28 April 2021
CME update: US cattle futures ease as grain costs rise
US live cattle futures fell on 27 April, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs....
27 April 2021
CME update: cattle futures climb on monthly report
US live cattle futures gained on 26 April, supported by Friday’s monthly Cattle on Feed report that showed smaller-than-expected placements....
26 April 2021
CME update: cattle futures close narrowly mixed ahead of Cattle on Feed report
US live cattle futures ended narrowly mixed on 23 April, with nearby contracts pressured by lackluster cash cattle trade and position-squaring ahead of the monthly Cattle on Feed report....
23 April 2021
CME update: cattle futures extend their slide as corn prices surge higher
US cattle futures closed lower on 22 April for the tenth time in the last eleven sessions, pressured by fund-driven long liquidation and soaring corn prices that threaten cattle feeders’ profits....
22 April 2021
CME update: cattle futures sag on technical selling
US cattle futures closed lower on 21 April on lackluster cash markets, soaring feed costs and technical selling....
21 April 2021
CME update: cattle futures bounce after eight-session losing streak
US live cattle futures closed higher on 20 April for the first time in nine sessions as brisk demand for beef prompted a round of bargain-buying....
20 April 2021
CME update: live cattle futures extend their slide
US live cattle futures fell on 19 April, extending their slight to eight straight sessions on long liquidation and signs that surging wholesale beef prices may have reached a seasonal top....
JBS invests $301 million to upgrade meat plants in Brazil
Meat packing giant JBS SA will invest $301 million (1.7 billion reais) between 2021 and 2023 to update seven meat processing plants in Southern Brazil....
19 April 2021
CME update: cattle futures fall on demand concerns
US cattle futures ended weaker on 16 April, with the June live contract notching its seventh straight losing session....
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