CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle futures ease as beef prices cool

Lean hog index still at premium to futures

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Wednesday, as beef prices eased ahead of the Labour Day holiday, traditionally a big beef consumption holiday, traders said. “We’re getting into that lull period ahead of the Labour Day holiday, where the retailers have already got their product purchased from the packers,” […] Read more

CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and brown lines). (Barchart)

U.S. livestock: CME cattle futures post new highs, end mixed

Hogs down on supply outlook

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rallied to contract highs on Tuesday but ended mixed, with nearby contracts pressured by ideas that beef prices are topping out after a surge to nearly 15-month highs, traders said. Deferred live cattle contracts, however, were higher on the day on concerns about tight cattle […] Read more


CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle rebound on improving cash markets, beef prices

CME lean hogs also up off Thursday losses

Reading Time: < 1 minute Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange rebounded from prior-session losses on Friday, supported by signs of improving cash cattle prices and firming wholesale beef values, traders said. Prices, however, continued to struggle to break out of their recent trading range as concerns about slowing global economic growth and rising […] Read more

CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: CME cattle, hogs drop in broader commodities sell-off

Investors take 'risk-off' approach, U.S. dollar surges

Reading Time: 2 minutes Chicago | Reuters — Cattle and hog futures on the Chicago Mercantile Exchange fell on Thursday, tracking broader market pressure amid worries about global growth and despite rising prices for beef and pork, traders said. Crude oil fell to its lowest levels since May and the U.S. dollar surged to a nine-month high, as rising […] Read more


CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: CME cattle up on firm cash market, beef prices

Speculative buying, cash pork prices lift lean hogs

Reading Time: < 1 minute Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange firmed on Wednesday on higher cash cattle and beef prices, while feeder cattle gained as rains were forecast to hit drought-parched grazing pastures in the western Midwest and northern Plains, traders said. The U.S. Department of Agriculture (USDA) reported moderately active cattle sales […] Read more

CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

U.S. livestock: Lean hogs, live cattle end lower on uncertain demand

'Labour availability' still an issue for packers

Reading Time: 2 minutes Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange ended lower on Tuesday on long liquidation and uncertainty about demand for various cuts of pork, traders said. Benchmark CME October lean hogs settled down 1.1 cents, or 1.2 per cent, at 87.9 cents/lb., retreating from Monday’s nearly three per cent rise (all […] Read more


CME October 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)

U.S. livestock: CME lean hogs climb on strong cash

Live cattle also higher

Reading Time: 2 minutes Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange rose nearly three per cent on Monday on technical buying and relatively strong cash hog markets, analysts said. CME’s benchmark October hog contract settled up 2.475 cents, or 2.9 per cent, at 89 cents/lb., pushing just above chart resistance at the contract’s 100-day […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle end mostly lower; hog futures narrowly mixed

Reading Time: < 1 minute Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed mostly lower on Friday on technical selling and lackluster cash cattle trade this week, traders said. CME benchmark October live cattle settled down 0.375 cent at 128.125 cents per pound, and September feeder cattle futures ended down 0.475 cent at 163.075 cents […] Read more


Photo: File

U.S. livestock: CME cattle futures rise after U.S. cuts beef production forecasts

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures rose on Thursday as the U.S. Department of Agriculture reduced its forecasts for domestic beef production. The agency, in a monthly report, trimmed its estimate for 2021 U.S. beef production by 0.1 percent from July to 26.965 billion pounds due to lighter expected carcass weights. The production forecast […] Read more

(Darcy Maulsby/iStock/Getty Images)

U.S. livestock: CME hogs end mostly higher on bargain buying, cattle drift lower

Reading Time: 2 minutes Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange closed mostly higher on Wednesday as bargain-buying and firmer wholesale pork prices helped the benchmark October contract rebound from a one-month low set a day earlier. CME October lean hogs settled up 1.975 cents at 85.850 cents per pound and December hogs rose […] Read more