Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday on expectations of higher cash cattle prices next week and position-squaring ahead of a long U.S. holiday weekend, traders said. Benchmark CME October live cattle futures settled up 1.75 cents at 144.55 cents/lb., with December up 1.675 cents at 150.25 cents […] Read more
U.S. livestock: CME live cattle climb on cash market optimism
CME lean hogs slip on cash market pessimism
U.S. livestock: Cattle futures up as corn prices sag
CME lean hogs end mixed
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled mostly higher on Thursday as lower grain prices propped up feeder cattle futures, signaling cheaper feed costs, traders said. Benchmark CME October live cattle futures settled up 0.225 cent at 142.8 cents/lb., a day after dipping to a four-week low (all figures US$). CME […] Read more
U.S. livestock: CME lean hog futures follow cash hogs lower
Live cattle down, feeder cattle mixed
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on profit-taking after a two-session climb and pressure from softening cash hog prices, traders said. CME benchmark October lean hogs settled down 2.075 cents at 91.525 cents/lb. and December hogs ended down 1.625 cents at 83.875 cents/lb. The CME Lean Hog Index, […] Read more
U.S. livestock: Cattle futures climb on bargain-buying
CME lean hogs also higher
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Tuesday on bargain-buying, a day after the October contract hit a 3-1/2 week low, traders said. A setback in prices for corn, a key feedgrain, added support. But rallies were capped by broad declines in commodities, including crude oil, and Wall Street equity […] Read more
U.S. livestock: CME cattle futures soften amid recession fears
CME lean hogs close higher
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder cattle futures weakened on Monday amid spillover pressure from weakness in equity markets, analysts said. U.S. stocks closed lower, adding to sharp losses last week, on nagging concerns about the Federal Reserve’s determination to hike interest rates to fight inflation even as the economy […] Read more
U.S. livestock: CME feeder cattle weaken as grain prices climb
Chicago lean hogs end mixed
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange feeder cattle futures declined on Friday as a spike in crop prices signaled higher costs for livestock feed, brokers said. Grain and soybean futures rallied at the Chicago Board of Trade on concerns that unfavourable heat and dryness in the U.S. Midwest will limit yields in the upcoming […] Read more
U.S. livestock: Hog futures up off lowest since February
Chicago cattle futures mixed
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures on Thursday edged up from a 6-1/2-month low on a round of short-covering after posting losses in four of the previous five sessions, traders said. But the hog market remained under pressure from a seasonal slowdown in demand as the grilling season nears its end. Cattle […] Read more
U.S. livestock: Hogs hit 6-1/2-month low on slowing demand
Live cattle dip below 20-day moving average
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures fell to a 6-1/2-month low on Wednesday with demand for pork fading as the traditional U.S. grilling season nears its close. Cattle futures were mixed, with live cattle contracts sagging on weakness in the cash markets while feeder cattle contracts closed higher. Hog futures have fallen […] Read more
Klassen: Stronger fed market supports feeder complex
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $2-$4 higher on average. Heavier calves over 700 lbs. continued to climb, notching gains of $2-$4. Calves weighing 500-700 lbs. were $4 to as much as $7 higher. This past week, there was a light test of calves under 500 lbs.. Prices were near historical highs […] Read more
U.S. livestock: Hog futures firm after hitting six-week low
Chicago cattle futures weak
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures edged higher on Monday, with the market recovering after hitting its lowest in nearly six weeks on Friday, traders said. But gains were kept in check by poor exports and ample supplies of pork. Cattle futures were weaker as the market digested a report released late […] Read more
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