(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Lower cash prices drop CME hogs to one-month low

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday slid to their lowest level in a month after downward-trending cash prices triggered sell orders, traders said. Fund selling developed after some contracts drifted below technical support areas. December hogs ended 2.325 cents/lb. lower at 59.975 cents, and below the 100-day moving average of […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle mostly lower as beef prices ease

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures were mostly lower on Monday, pressured by weaker beef prices and expectations that cash cattle at Plains feedlot markets would trade at lower prices this week, traders said. Chicago Mercantile Exchange December live cattle ended steady at 120.575 cents, while actively traded February futures fell for a […] Read more


U.S. livestock: Cattle, hog futures mixed on spreading, cash declines

Reading Time: 2 minutes Chicago | Reuters – U.S. livestock futures were widely mixed on Thursday, with nearby live cattle and lean hog contracts hitting multi-week lows in bear-spreading as traders moved into deferred positions. Worries of weaker prices in cash markets for cattle and hogs further weighed on front-month contracts while the third of the five-day Standard & […] Read more

Photo: Canada Beef Inc.

U.S. livestock: Live cattle futures slump 3rd straight session

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle lost ground for a third day in a row on Wednesday, led by lower early-week cash prices, traders said. Funds involved in CME livestock futures that track the Standard & Poor’s Goldman Sachs Commodity Index periodically sold, or “rolled,” December long positions mainly into deferred months. […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cash price unease weakens CME live cattle futures

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle on Tuesday settled lower, pressured by sell stops and caution in advance of cash prices later this week, traders said. Funds involved in CME livestock futures that track the Standard & Poor’s Goldman Sachs Commodity Index sold, or “rolled,” December long positions mainly into February and […] Read more

Photo: Canada Beef Inc.

U.S. livestock: Profit-taking undercuts CME live cattle futures

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle closed lower on Monday, hit by profit-taking after last week’s sharply higher cash prices drove some trading months up by their 3-cents per pound daily price limit on Friday. Funds “rolled” the December contract and simultaneously bought deferred ahead of similar moves on Tuesday. Tuesday is […] Read more


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U.S. livestock: Live cattle futures retreat from 5-month high

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle on Thursday settled lower, pressured by profit-taking after futures posted new highs for the contract and reached their highest level in almost five months, said traders. December futures led decliners after funds “rolled” that month and at the same time purchased deferred contracts ahead of similar […] Read more

U.S. livestock: CME live cattle retreat from five-month high

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday settled lower, pressured by profit-taking after futures posted new highs for the contract and reached their highest level in almost five months, said traders. December futures led decliners after funds “rolled” that month and at the same time purchased deferred contracts ahead of similar […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures rise again on cash hopes

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures bounded to life-of-contract highs for the third straight session on Wednesday, rising on expectations that beef packers will continue paying higher prices in Plains cash markets, traders said. About 1,500 cattle sold at the weekly Fed Cattle Exchange online auction at $120/cwt, which was up from feedlot […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle, hogs hit contract highs on fund buying

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures rose to life-of-contract highs on Tuesday, lifted by investment fund buying linked to optimism that meat prices will continue to rise, traders said. Speculative investors who already were holding massive net long positions in cattle and hog futures added to those bets, […] Read more