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U.S. livestock: Hog futures tumble to two-month low
Livestock, Markets, Reuters

U.S. livestock: Hog futures tumble to two-month low

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped as much as 3.7 per cent on Wednesday, skidding to the lowest levels in two months on pressure from chart-based selling and ample U.S. hog supplies, traders said. Hog prices on Tuesday had dipped below their closely watched 200-day moving average and on Wednesday […] Read more
U.S. livestock: Live cattle hit contract highs on storm forecast
Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle hit contract highs on storm forecast

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Reading Time: 2 minutes Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more
U.S. livestock: CME hogs slip on weaker cash
Livestock, Markets, Reuters

U.S. livestock: CME hogs slip on weaker cash

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Friday, following softening cash hog prices, traders said. CME February hog futures settled down 1.425 cents at 62.65 cents/lb., halting a three-session advance (all figures US$). Traders noted that hogs in the top cash market of Iowa and southern Minnesota traded […] Read more
CME February 2019 lean hogs with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs, cattle rise as export hopes remain

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog and cattle futures closed mostly higher, supported by hopes for improved exports in the coming weeks, traders said. Technical buying also helped cattle futures, which were still trading close to contract highs hit earlier in the week. Traders also noted strength in the cash markets as […] Read more
CME March 2019 feeder cattle with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle ease after rally

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures rose 2.1 per cent to their highest in more than three weeks on Wednesday. Cattle futures were weaker, pressured by profit-taking after the front-month February live-cattle contract hit an all-time high on Tuesday. “There was no fundamental line item to go with it yesterday so […] Read more
CME February 2019 lean hogs with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs rise on China hopes

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures were mostly higher on Tuesday, supported by prospects for improving export demand, traders said. The market was waiting for a pickup in deals from China due to the spread of African swine fever there. “That hope is still out there, but it’s elusive, and it’s up […] Read more
CME February 2019 live cattle with 20-dat moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle break losing streak on bargain buying

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose 1.2 per cent on Monday, rebounding from five straight sessions of declines on a round of bargain buying. Feeder cattle futures also closed higher after sinking to a one-month low during the session while lean hog futures eased. Cattle also received support from news […] Read more
U.S. livestock: Cattle ease on technical selling after steady cash sales
Livestock, Markets, Reuters

U.S. livestock: Cattle ease on technical selling after steady cash sales

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures eased as much as one per cent on Thursday, weighed down by technical selling and steady deals in cash markets in the southern Plains, traders and analysts said. Live cattle futures weakened for the fourth straight session on the Chicago Mercantile Exchange. The market had climbed to life-of-contract […] Read more

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