CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures extend setback on trade tensions

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures touched their lowest prices in about two months on Tuesday on concerns over elevated trade tensions between Washington and Beijing. Traders are worried that a resolution to the U.S.-China trade war may be farther off than previously expected, after U.S. President Donald Trump’s surprise statement on Sunday […] Read more


CME November 2019 feeder cattle with 20- and 50-day moving averages. (Barchart)

Klassen: Feeder cattle rally loses steam

Reading Time: 2 minutes Compared to last week, western Canadian yearlings traded $2-$5 lower while calves were solidly $3 to as much as $8 lower. There’s a limit how far the cash trade can divorce from the futures market. November feeder cattle futures have dropped $12 from contract highs and there is no sign that this slide is over; […] Read more

CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hog futures limit down on China trade fight, swine fever fears

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures plunged by the daily trading limit on Monday, and cattle was lower, amid worries about the spread of African swine fever and fears that President Donald Trump will follow through with threats to impose additional tariffs on China. The tariff threat, which sparked broad selling on equity […] Read more


CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle fall again on lower beef, cash prices

Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures fell on Friday, with the actively traded Chicago Mercantile Exchange (CME) June contract down for a 10th straight session on sinking beef and cash cattle prices, and long liquidation by managed commodity funds. Cattle futures have been susceptible to steep drops as commodity funds had recently built […] Read more

CME June 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. livestock: CME lean hogs mixed, nearbys up on export hopes

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures ended mixed on Thursday, with nearby futures contracts building on strong gains in the previous session on expectations that China would soon sharply accelerate imports of U.S. pork. Deferred contracts were pressed down by active spread trading that featured buying of June futures and selling of October […] Read more


CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs limit up on technical buying, export hopes

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rallied sharply on Wednesday with several contracts closing up the daily trading limit on technical buying and speculation that Chinese demand for U.S. pork is poised to grow. The U.S. Department of Agriculture (USDA) is due to release weekly export sales data early on Thursday and traders […] Read more

CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle sink on fund liquidation, technical selling

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell on Tuesday, with the actively traded June contract down for a seventh straight session, as fund long liquidation and technical selling pressured the market. Before the latest selloff in cattle began, commodity funds had built a record large net long position, and open interest in the […] Read more