Reading Time: 2 minutes Naperville, Ill. | Reuters – China is on track to be the leading international buyer of U.S. agricultural products for a third consecutive year, as the total value of exported goods reached record levels in the first half of 2022. Some of that can be explained by increased trade volumes of certain items, particularly beef, but […] Read more
China’s U.S. ag imports soar to new highs in 2022, but volumes vary
U.S. livestock: Cattle futures end higher on firm beef prices
Futures up before new USDA figures released
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Friday, supported by strong beef prices and positioning ahead of U.S. government reports released after the close of the market, traders said. CME August live cattle futures settled up 1.65 cents at 137.375 cents/lb. and most-active October ended up 2.025 cents at […] Read more
U.S. livestock: Hog futures end mixed
Cash markets lift August hogs; live cattle lower, feeder cattle up
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mixed on Thursday, with the front August contract gaining against back months as a heat wave in the Midwest and Plains helped support nearby cash hog prices, traders said. CME August lean hog futures settled up 1.425 cents at 116.3 cents/lb. while most-active October […] Read more
U.S. livestock: Hog futures climb, following cash markets
CME live cattle inch up in lacklustre trade
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday, supported by firm cash markets tied to tight supplies of hogs, traders said. Hot weather in the U.S. midsection added support, posing potential disruptions to the transport of animals. CME August lean hog futures settled 2.05 cents higher at 114.875 cents/lb. […] Read more
U.S. livestock: Rising wholesale meat prices lift futures
CME live cattle buck seasonal trends
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended higher on Tuesday as wholesale beef prices rose, bucking seasonal trends and spurring hopes for higher cash cattle prices this week, traders said. CME August live cattle futures settled up 0.1 cent at 135.725 cents/lb. and most-active October ended up 0.5 cent at 141.1 […] Read more
U.S. livestock: Cattle, hog futures up on hot spell, firm meat prices
Heat wave lowers animals' rate of gain
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday on spillover strength from outside markets including Wall Street, as well as firm wholesale beef prices and worries about hot weather stressing cattle in the Plains and Midwest, traders said. CME August live cattle futures settled up 0.7 cent at 135.625 cents/lb., […] Read more
U.S. livestock: Cattle futures weak, hogs slightly higher
Futures gain on the week
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell for the second day in a row on Friday, with expectations that supplies will outstrip demand in the coming months. The most-active August live cattle futures dropped 0.475 cent to settle at 134.925 cents/lb. (all figures US$). The contract fell below its 10-day moving average […] Read more
U.S. livestock: Cattle futures weaken on profit-taking
Hogs fall on technical setback
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Thursday on a round of profit-taking after three straight days of gains, traders said. Signs of weakness in the cash market also weighed on cattle futures. The front-month feeder cattle contract was setting back from its highest since November 2015. Hog futures fell on […] Read more
U.S. livestock: CME feeder cattle rally to highest since November 2015
August live cattle, lean hogs also up
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile exchange cattle futures extended gains on Wednesday on follow-through technical buying after rallying in the previous two sessions. Tight supplies remained in focus as the front-month feeder cattle contract hit its highest on a continuous basis since November 2015. “Big picture, the U.S. Agriculture Department still has sharply reduced […] Read more
U.S. livestock: CME live cattle reach three-week peak
Lean hogs mixed; U.S. Plains heat wave looms
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a three-week high on Tuesday on sinking corn feed prices and concerns that hot, dry weather at central and southern Plains feedlots will continue to shrink livestock supplies, traders said. Technical buying further fueled the gains as cattle markets advanced despite broad-based selling across […] Read more
A message from April Stewart, Country Guide's Associate Editor
