Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday dropped to their lowest prices since July amid uncertainty about how much U.S. demand will decline as the summer grilling season draws to a close. Beef and cattle prices are often weak this time of year as demand weakens. This year, closures of […] Read more
U.S. livestock: Live cattle touch late-July lows on demand jitters
U.S. pork export data due out Thursday
U.S. livestock: Live cattle consolidate up off one-month low
CME hogs up as trade watches China
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rose for a second consecutive session as the market consolidated after touching a one-month low on Monday, brokers said. Weakness in the cash market for U.S. cattle has hung over futures prices recently, but some traders said they hope the markets will not […] Read more
U.S. livestock: Live cattle futures snap losing streak
Large supplies pressure CME hog futures
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures jumped on Monday in a rebound off a run of losses, while lean hog futures closed weaker. Live cattle were due for a rebound after falling last week amid pressure from weakness in the cash market, traders said. Short covering helped lift prices, they said. […] Read more
U.S. livestock: Cattle futures down again
CME lean hog futures also weaker
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures weakened on Friday in anticipation of a seasonal demand slowdown following the Labour Day holiday, traders said. The losses in the futures market stemmed from weekly declines in the cash markets. CME benchmark October live cattle fell 1.25 cents to close at 104.9 cents/lb., […] Read more
U.S. livestock: Cattle futures extend losing streak
Hog futures edge higher
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle dropped for the sixth day in a row on Thursday, with weakness in the cash market that stemmed from a glut of supplies spilling over into futures prices, traders said. Traders shrugged off signs of rising demand from China, which made its largest weekly U.S. beef purchases […] Read more
U.S. livestock: Cattle, hog futures drop as supplies assessed
'Maybe the cash cattle market is stalling out here'
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures fell on Wednesday. The cattle market faced pressure from weakness in the cash market that stemmed from the ample supplies reflected in the U.S. Agriculture Department’s Cattle on Feed report issued on Friday. “It is the belief that maybe the cash cattle market is […] Read more
U.S. livestock: Hog futures rise as pork supplies shrink
Texas cash cattle prices down on week
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures rose to their highest level in nearly three months on Tuesday after government data showed that the reopening of pork plants after a rash of COVID-19 shutdowns had not boosted supplies. Cattle futures were lower, pressured by signs of weakness in the cash markets, traders said. […] Read more
U.S. livestock: Cattle futures fall as supplies grow more than expected
U.S. frozen pork inventory at nine-year low
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Monday, with the market under pressure from a government report that showed supplies were bigger than expected. The U.S. Agriculture Department’s monthly Cattle on Feed report on Friday afternoon showed July placements at 111 per cent of a year ago, above the average estimate […] Read more
U.S. livestock: Live cattle slide ahead of USDA report
Lean hogs pull back from gains
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on profit-taking and positioning ahead of the U.S. Department of Agriculture’s Cattle on Feed report, released after the markets closed. CME lean hog futures also ended lower, correcting after two days of positive movement, as optimism over rising hog slaughter rates strengthened […] Read more
U.S. livestock: Lean hogs up as slaughter pace reaches pre-COVID levels
Pre-Labour Day buying winds down
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained on Thursday as slaughter rates returned to levels not seen since processing plants closed from COVID-19 outbreaks among workers this spring. Live cattle futures fell as pre-Labour Day buying wound down and the industry awaited Friday’s monthly Cattle on Feed report from the U.S. […] Read more
A message from April Stewart, Country Guide's Associate Editor
