CME February 2021 lean hogs with 20-, 30- and 50-day moving averages. (Barchart)

U.S. livestock: Hog, live cattle futures mixed on feed cost concerns

Bargain buying lifts March feeders

Reading Time: < 1 minute Chicago | Reuters — Nearby U.S. hog and live cattle futures weakened on Wednesday, weighed down by prospects for rising feed costs due to higher prices for corn, soybeans and wheat. But the livestock futures market was strong for many deferred contracts as traders expressed concerns about supplies tightening by the end of the year. […] Read more

CME February 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hog futures rise as corn surge seen squeezing supply

Cash prices pressure nearby live cattle futures

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures firmed Tuesday on higher cash hog prices and improving pork packer margins and as soaring feed costs stoked concerns about tighter hog supplies. Corn futures prices surged more than five per cent on Tuesday after the U.S. Department of Agriculture (USDA) slashed its 2020 harvest estimate, with […] Read more


CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle sink on profit-taking, technical selling

Lean hogs, feeder cattle mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures fell on Monday in a profit-taking and technical-selling setback amid concerns about weaker demand for cattle and beef, traders said. Position rolling by funds, as they closed out long positions in the spot month and bought deferred contracts on the second day of the five-session “Goldman roll” period, […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures drift lower on technical selling

Back months in hogs, cattle draw speculators' interest

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed lower on Friday on light technical selling, with the spot February contract pressured as speculators rolled long positions into forward months, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled down 0.5 cent at 114.475 cents/lb. (all figures US$). Friday was the first day of […] Read more


CME March 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle end mixed, feeders firm

Cattle take cues from pause in corn rally

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed narrowly mixed on Thursday with the spot February contract drifting lower in rangebound trade, awaiting direction from cash markets, while back months firmed on optimism about the U.S. economy, traders said. Feeder cattle futures rose as prices for corn, the main feed grain for cattle, retreated from […] Read more

CME February 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs trim as packers work through holiday backlogs

CME cattle futures pressured lower

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell on Wednesday as packers work through backlogs caused by holiday shutdowns, analysts said. Daily hog slaughter regained from holiday pace, with 495,000 head processed compared to 472,000 head the week prior, according to U.S. Department of Agriculture data, but was still short of prior year pace. […] Read more


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

U.S. livestock: Live cattle rally on fund-driven buying

CME lean hogs end narrowly mixed

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rose two per cent on Tuesday, bouncing back from a sell-off a day earlier, lifted by speculative buying and broad strength in commodities as investors seek a hedge against inflation, analysts said. Chicago Mercantile Exchange (CME) February live cattle futures settled up 2.75 cents at 115.05 cents/lb. […] Read more

CME February 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle sag as Wall Street retreats, grain prices rise

Wholesale ham prices supportive for hogs

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell more than two per cent on Monday, pressured by ample beef supplies and fund-driven selling as Wall Street equities declined, analysts said. Feeder cattle futures fell even harder, dropping by three per cent as U.S. corn futures rose to almost $5 a bushel for the first […] Read more


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U.S. livestock: Live cattle futures ease as corn prices soar, raising feed costs

Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures declined on Wednesday for a second session as surging corn prices signaled rising feed costs and pressured feeder cattle futures, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled down 0.125 cent at 114.450 cents per pound, while CME March feeder cattle tumbled 1.475 cents […] Read more

U.S. livestock: Live cattle futures retreat as Wall Street dips, feed costs rise

Reading Time: < 1 minute Chicago | Reuters – U.S. cattle futures retreated on Tuesday after hitting a near three-month high in the previous session as rising feed costs and a downturn in equities markets triggered selling. Cattle futures have firmed in recent days as hopes for an economic stimulus deal in Washington overshadowed worries about restaurant closures and travel […] Read more