(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures hit six-week high; hog futures ease after rally

Reading Time: < 1 minute Chicago | Reuters – U.S. cattle futures rose for the sixth time in seven sessions on Thursday, hitting a six-week high on signs of strength in the cash market, traders said. Hog futures eased after four straight days of gains pushed the front-month contract to its highest in nearly two months on Wednesday. Volumes were […] Read more

Photo: File

U.S. livestock: Hog futures rise to highest since late October; cattle firms

Reading Time: < 1 minute Chicago | Reuters – U.S. hog futures rose to their highest in nearly two months on Wednesday, supported by a round of technical buying and tight pork supplies. After the market closed on Tuesday, the U.S. government released a report that showed that domestic frozen pork belly stocks as of Nov. 30 stood at 23.111 […] Read more


Photo: File

U.S. livestock: Cattle futures drop on fund selling

Reading Time: < 1 minute Chicago | Reuters – U.S. cattle futures fell on Tuesday, with traders noting pressure from fund selling. Hog futures were slightly firmer as investors squared positions ahead of a key government supply report. Chicago Mercantile Exchange (CME) February live cattle futures dropped 1.2 cents to settle at 113.45 cents per pound. The contract found support […] Read more

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

U.S. livestock: Cattle futures weaken on technical setback

Hog futures up ahead of USDA data

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures eased on Monday, setting back on some mild technical selling after three days of gains, while hog futures edged higher, traders said. Chicago Mercantile Exchange (CME) February live cattle futures settled 0.2 cent lower at 114.65 cents/lb. (all figures US$). The contract hit its highest since Nov. […] Read more


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

U.S. livestock: Cattle futures firm as cash market rebound seen

Hog report expected to show smaller herd

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rose for the third day in a row on Friday, on expectations that the cash market would rebound from recent lows in the coming days. Traders also viewed a government report that showed cattle placements during November were down sharply from a year earlier as bullish. “The […] Read more

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

U.S. livestock: Cattle futures firm despite weak cash markets

Hogs down on technical selling

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures firmed on Wednesday, shrugging off weakness in the cash market in anticipation of tightening supplies in the coming months, traders said. Hog futures eased on a round of technical selling. Traders were expecting a U.S. Department of Agriculture (USDA) report on Friday to show an 8.6 per cent […] Read more


CME February 2021 lean hogs with 20-, 30-, 40- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures rally on technical buying

CME cattle futures lower

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures rose slightly on Tuesday on follow-through buying from a rally on Monday, traders said. Cattle futures eased, pressured by recent weakness in the cash markets as well as some technical sales. Chicago Mercantile Exchange (CME) February lean hogs rose 0.775 cent to settle at 66.45 cents/lb. (all […] Read more

CME February 2021 lean hogs with 100-day moving average and Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hog futures rally on technical buying

February live cattle futures lower

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures rose 3.8 per cent on Monday, notching their biggest daily gain since September, in a technical bounce from the three-week low they hit on Friday, traders said. “We hit the bottom end of the range so we are just bouncing back,” said Don Roose, president of brokerage […] Read more


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

U.S. livestock: Cattle rise on technical and bargain buying

CME lean hog futures sink

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures advanced for a third straight session on Friday supported by technical and bargain buying and as strong packer margins were seen potentially keeping a floor under cash cattle prices. Futures rose despite some demand concerns as soaring U.S. coronavirus rates triggered lockdowns that impact restaurant traffic, and […] Read more

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

U.S. livestock: Live cattle advance in bargain-buying bounce

CME lean hogs drop

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures firmed for a second straight day on Thursday on bargain buying and speculative buying after prices hit 2-1/2 week lows earlier this week. Futures firmed despite lower cash cattle prices and tumbling beef prices as packer demand held stable and processing margins remained profitable. “With the early […] Read more