Daily Network News

More News →

Tag Archives cattle futures

(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cash price caution weakens CME live cattle, hogs

By
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures lost modest ground on Tuesday, weakened by profit-taking while investors awaited direction from the afternoon’s cash prices, traders said. The spot-October contract closed 0.15 cent/lb. lower at 66.125 cents, and December down 0.05 cent at 62.25 (all figures US$). Prices for market-ready (cash) hogs in […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market tenacious

By
Reading Time: 2 minutes Western Canadian feeder cattle prices appeared to shrug off all negative economic news and divorce from the fed cattle complex this past week. Volumes were once again quite thin, characterized by varying quality. Feedlot operators were active on all fronts, especially in southern Alberta where the barley harvest is in full swing. Heavier yearlings on […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Firm cash, pork prices lift CME hogs

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, supported by the morning’s cash and wholesale pork price gains, traders said. The spot-October contract closed 0.95 cent/lb. higher at 66.275, and December up 0.35 cent at 62.3 cents (all figures US$). Monday morning’s average cash hog price in the western […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle sag with initial cash prices

By
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Friday after traders pocketed profits following lower preliminary prices for market-ready (cash) cattle, traders said. Spot-August futures closed down 0.4 cent/lb. at 148.45 cents, and October one cent lower at 146.85 cents (all figures US$). Cash cattle traded lightly in Texas at […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle snap back from early session losses

By
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher on Thursday, fueled by short-covering and technical buying that turned back initial selling, traders said. October led the day’s rally as investors bought that contract and simultaneously sold August ahead of its expiration on Aug. 31. Spot-August futures closed up 0.15 cent/lb. at […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle slump on fund selling, cash unease

By
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle fell on Wednesday, hit by cash price caution and fund liquidation after drifting below key technical levels, traders said. Spot-August futures closed down 1.475 cents/lb. at 148.7 cents (all figures US$). October finished 2.55 cents lower at 146.6 cents, and under the 20-day moving average of […] Read more
(CMEGroup.com)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME lean hogs finish mixed

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished mixed on Tuesday, supported by futures’ discounts to CME’s recent hog index at US78.9 cents, but pressured by weak cash and wholesale pork values, traders said. Spot-August futures, which will expire on Aug. 14, closed up 0.075 cent/lb. at 76.725 cents, and most-active October 0.625 […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Softer fed cattle market weighs on feeder prices

By
Reading Time: 2 minutes Western Canadian feeder cattle traded at similar levels to seven days earlier on very light volumes and little buying interest. Most auction barns were closed and cattle buyers are on holidays, so drawing market information is like the young cowboy at the high school dance — his mind is anywhere but on the markets. Limited […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs down again as supply worries persist

By
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hogs extended losses into a fourth straight session on Monday as hefty supplies stifled cash and wholesale pork prices, traders said. Spot-August futures closed down 0.675 cent/lb. at 76.65 cents, and most-active October closed 1.15 cents lower at 62.975 (all figures US$). On Monday, packers processed 426,000 […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower cash prices drop hog futures

By
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hogs slumped for a third consecutive session on Friday as hefty supplies continued to drag down prices for market-ready (cash) hogs, traders said. Spot-August futures finished 0.75 cent/lb. lower at 77.325 cents, and most-active October down 0.325 cent at 64.125 cents. Friday morning’s average hog price in […] Read more

Latest Market News

More Market News →