Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures rose on Thursday, snapping a three-session losing streak that pushed prices to their lowest since March 7 on some mild bargain buying, traders said. But the gains were kept in check by concerns that the growth of the Chinese herd could slow buying demand from the world’s […] Read more
U.S. livestock: CME hog futures up off three days of losses
Chicago live cattle down, feeder cattle firm
U.S. livestock: CME cattle, hog futures weak as feeding costs rise
Corn's 'unending rally' drags on feeder cattle
Reading Time: < 1 minute Chicago | Reuters — CME cattle futures fell on Wednesday as traders assessed higher feeding costs due to a sharp gains in corn. Hog futures were also weak, falling for the sixth time in seven sessions, with prospects for more COVID-19 lockdowns in China further chilling the already weak export demand from the world’s top […] Read more
U.S. livestock: CME hog futures fall to lowest since early March
June live cattle up on bargain buying
Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures fell to their lowest in more than seven weeks on Tuesday, pressured by follow-through selling after dropping in four of the previous five sessions with supplies in focus as kill rates were expected to rise. Concerns about lower pork consumption in China due to COVID-19-related lockdowns in […] Read more
U.S. livestock: CME live cattle retreat off two-month high
U.S. cattle on feed up two per cent; Chicago lean hogs end higher
Reading Time: 2 minutes Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange ended lower on Friday in a profit-taking setback from two-month highs amid worries about inflation curbing consumer demand for beef, traders said. Larger-than-expected numbers of U.S. cattle on feed announced by the U.S. Department of Agriculture after the CME close could pressure futures […] Read more
U.S. livestock: CME live cattle hit two-month peak
Rising cash markets support cattle; hogs down for third straight session
Reading Time: 2 minutes Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange jumped to a two-month high on Thursday, led by firming cash cattle markets and optimism about a seasonal climb in U.S. beef demand as the summer grilling season nears, traders said. CME June live cattle futures settled up 1.275 cents at 139.9 cents/lb. […] Read more
U.S. livestock: CME live cattle near two-month high
Cash cattle market firms; hog futures lower
Reading Time: 2 minutes Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange hit their highest in nearly two months on Wednesday, led by firming prices for market-ready cattle in the cash market, traders said. Live cattle traded as high as $146 per hundredweight (cwt) in eastern Nebraska cash markets, traders said, while dressed cattle in […] Read more
U.S. livestock: CME hog futures backpedal off April high
Chicago cattle futures up
Reading Time: 2 minutes Chicago | Reuters — Profit-taking weighed on Chicago Mercantile Exchange lean hog futures on Tuesday after prices leapt to their highest price this month, traders said. Most-active June lean hogs settled down 1.075 cents at 121.325 cents/lb. (all figures US$). The contract is up eight per cent since nearing a one-month low on April 5 […] Read more
U.S. livestock: CME hog futures top two-week high
Chicago cattle futures ease
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied to their highest price in more than two weeks on Monday, while live cattle and feeder cattle futures weakened. Hopes for increased domestic demand from summertime grilling and cookouts helped lift hog futures, analysts said. They added that surging grain and soybean futures raised […] Read more
U.S. livestock: CME cattle futures end lower, hogs higher
Cattle end up off session lows
Reading Time: 2 minutes Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange fell on Thursday as traders booked profits after a three-session climb and ahead of a long holiday weekend, traders said. U.S. markets, including the CME, will be closed for Good Friday. But cattle futures came off their session lows and hog futures […] Read more
CEOs of four large U.S. meatpackers to testify in Congressional hearing
Beef prices up for consumers, down for ranchers
Reading Time: < 1 minute Washington | Reuters — The chief executives of U.S. meatpackers Cargill, Tyson Foods, JBS and National Beef Packing have agreed to testify at a Congressional hearing discussing cattle markets and price increases for consumers, House agriculture committee chairman David Scott said Wednesday. “It is very important, very vital, and very urgent that we hear the […] Read more
A message from April Stewart, Country Guide's Associate Editor
