Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by expectations of rising supplies as improving weather conditions in the southern U.S. Plains will allow meat processors to increase their slaughter, traders said. A deep freeze last week across Texas and the southern U.S. Plains caused power failures that shut down meat […] Read more
U.S. livestock: Live cattle futures fall as supplies seen rising
April lean hogs up from Friday
U.S. livestock: Live cattle end week lower
Hogs down on Olymel's plan to ship Canadian hogs south
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose on Friday, but failed to end the week higher as a cold snap across the U.S. Plains and into Texas hampered slaughterhouses and backed up cattle, traders said. “There’s still a big mess,” said Dennis Smith, commodity broker at Archer Financial. “The good news is, the […] Read more
U.S. livestock: Live cattle futures dip on slaughter delays
Lower supply expectations support hog futures
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell on Thursday as short-term processing delays caused by power outages and frigid weather backed up cattle and softened cash prices, traders said. Chicago Mercantile Exchange April live cattle futures settled down 1.225 cents at 122.925 cents/lb., while the spot February contract ended 0.175 cents lower at […] Read more
U.S. livestock: Cattle, hog futures sag as weather stalls slaughter pace
Reading Time: < 1 minute Chicago | Reuters — U.S. cattle and hog futures declined on Wednesday as wintry weather and power outages hampered meat-packing operations, slowing the pace of slaughter and reducing demand for market-ready animals, traders said. Chicago Mercantile Exchange April live cattle futures settled down 1.65 cents at 124.15 cents/lb., while the spot February contract ended down […] Read more
U.S. livestock: Live cattle futures mostly firm on wintry Plains weather
April hogs stay within Friday's range
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed mostly higher on Tuesday as frigid conditions gripped the U.S. Plains and Midwest, limiting the movement of animals into meat plants and threatening to reduce cattle weights, traders said. However, rallies were limited as wintry weather and power outages prompted meat-packing plants to slow the slaughter […] Read more
U.S. livestock: Cattle futures rally
Cold U.S. weather in focus
Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures rallied on Friday, supported by cold weather in the United States that was making it hard to put weight on animals. “Weather remains front and center for cattle producers, bitter cold temps will be with us through the weekend and also some sizable snow totals in the southeast […] Read more
U.S. livestock: Hogs rise to four-month high on supply woes
February live cattle down, April up
Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures rose for the seventh time in eight sessions on Thursday, hitting a four-month high on concerns about tight supplies, traders said. “There are a lot of empty barns out here,” Don Roose, president of U.S. Commodities in West Des Moines, Iowa said. Live cattle futures were mixed, with […] Read more
U.S. livestock: Live cattle down on profit taking
Cash markets support CME lean hogs
Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures dropped on a profit-taking setback on Wednesday, a day after rallying to their highest in nearly a year, but worries about a cold snap across production regions of the Plains kept declines in check. Hog futures rebounded after closing mixed on Tuesday as strong cash markets led […] Read more
U.S. livestock: CME lean hogs end mixed after five-session rally
Feeder cattle up on corn supply projection
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures ended mixed on Tuesday following five straight sessions of contract highs that triggered technical and speculative selling and profit taking in some futures months. The market, however, remained underpinned by strong cash hog prices, robust export demand and profitable pork packer margins, as well as Tuesday’s downturn […] Read more
U.S. livestock: CME lean hogs rise on China disease worries
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures rallied to new contract highs on Monday on rising concerns about the spread of a deadly pig disease in China, the world’s largest hog and pork market, and as wintry weather in the U.S. Midwest threatened to disrupt hog movement. The gains followed a surge in hog […] Read more
A message from April Stewart, Country Guide's Associate Editor
