CME December lean hog futures hit a contract high of 84.675 cents per pound before settling down 0.575 cents at 83.8 cents per pound. December live cattle ended down 0.125 cents at 186.3 cents per ...
A little more than a decade ago, McDonald’s, America’s largest single buyer of ground beef, noticed that beef prices were surging far ahead of inflation. Earlier this month, McDonald’s filed what may ...
NEW YORK (AP) — McDonald’s has some beef with today’s largest meat packers. The fast food giant is suing the U.S. meat industry's “Big Four” — Tyson, JBS, Cargill and National Beef ...
CME December live cattle ended up 1.300 cents at 188.125 cents per pound, while November feeder cattle futures settled up 2.325 cents at 248.925 cents per pound. CME December lean hog futures rose ...
Strength in wholesale prices gave futures a boost, as well. The choice boxed beef cutout rose $1.10 to $323.96 per hundredweight, according to the U.S. Department of Agriculture on Tuesday afternoon.
Meanwhile, boxed beef prices remained strong amid enduring consumer demand, solid economic outlook and the beginnings of wholesaler buying ahead of Thanksgiving and Christmas. "Don't make too much ...