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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures rebound on supply reports

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Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures rose on Monday, bouncing back from Friday’s decline as traders digested government reports that showed supplies, while remaining abundant, were less than expected. Concerns about the spread of African swine fever in China added support. The U.S. Agriculture Department on Monday reported that beef in cold […] Read more
CME December 2018 live cattle with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures ease ahead of USDA report

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Friday, with both live cattle and lean hogs easing on worries that U.S. supplies were growing faster than demand, traders and analysts said. Cattle futures declined ahead of the U.S. Department of Agriculture’s monthly Cattle on Feed report, which was released after the […] Read more
CME December 2018 lean hogs, with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs extend slide, fall below seven-week lows

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slid for the third consecutive session on Thursday and touched their lowest prices in more than seven weeks on concerns about increasing supplies, traders said. The market has weakened since contracts set multi-month highs on Oct. 1 amid worries about meat supplies swelling due to […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs decline on heavier animals, technical selling

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped for the second straight session on Wednesday, on technical selling and after government data showed heavier-weight U.S. hogs that pointed to larger supplies, traders said. Bear-spreading pressured front-month December hogs, which settled down 2.175 cents at 54.7 cents/lb., a decline of about four per […] Read more
Klassen: Stronger demand supports feeder market
Beef Cattle, Finishers, Livestock, Markets

Klassen: Stronger demand supports feeder market

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Reading Time: 2 minutes Western Canadian feeder cattle markets jumped $2-$5 last week, after adverse weather caused buyers to shy away earlier in October. Major feedlot operators were very aggressive on quality yearling packages and heavier weaned vaccinated calves. Many operations have limited ownership at this time of year because wet, cold weather conditions delayed purchases. The market appeared […] Read more
CME February 2019 live cattle, with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures mostly lower on technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures were mostly lower on Tuesday while lean hogs pared gains late in the session, with each pressured in part by technical selling and profit-taking, traders and analysts said. Some traders were liquidating positions in Chicago Mercantile Exchange cattle futures ahead of a monthly U.S. Department of Agriculture supply […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures drop on plentiful supplies, demand concerns

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures fell on Friday, pressured by ample supplies and rising concerns about demand amid weakness in global equities markets, traders said. Flat cash markets also cast a bearish tone on the markets. Cash cattle have traded at $111/cwt for five weeks in a row (all figures US$). Most-active CME […] Read more

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