(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures close higher on strong export data

Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures closed higher on Thursday for a third straight day, buoyed by strong weekly beef export sales and signs of firming cash cattle prices, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.275 cent at 101.725 cents per pound while most-active October rose 0.700 […] Read more

Photo: ARS/USDA

U.S. livestock: Live cattle futures close higher; lean hogs decline

Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures closed higher on Wednesday for a second session on firm cash cattle prices and a softer dollar, traders said. Cash cattle traded in the Texas Panhandle and Kansas at $97 per cwt, mostly $1 higher than last week, the U.S. Department of Agriculture said in a daily note. A […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle futures firm on expectations of firm cash

Reading Time: < 1 minute Chicago | Reuters – U.S. live cattle futures rose on Tuesday, supported by expectations of higher prices this week in the cash market for slaughter-ready cattle, traders said. “Cash could be steady to $1 to $2 (per cwt) better this week. Some of the show lists are smaller than last week, and that has (led […] Read more

Photo: File

U.S. livestock: Live cattle futures retreat on supply concerns

Reading Time: < 1 minute Chicago | Reuters – U.S. live cattle futures opened firm on Monday but retreated from session highs on technical selling and lingering concerns about cattle supply backups in the wake of recent packing plant closures due to coronavirus infections among workers. Prices climbed at Monday’s open in reaction to Friday’s U.S. Department of Agriculture (USDA) cattle on […] Read more


CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle futures gain, fall short on the week

Lean hogs slip after three days' gains

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures gained on Friday, after four consecutive days of declines, as traders anticipated the U.S. Department of Agriculture’s monthly Cattle on Feed report. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.475 cent at 101.325 cents/lb. and October live cattle added 0.5 cent to close at […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures ease, demand picture foggy

Hogs up on firmer cash, pork prices

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell again Thursday, the fourth consecutive step back after reaching a high not seen since early March. “The rally last week was kind of counter-seasonal. You typically don’t rally the cattle in late July, early August, in the dog days of summer,” said Jeff French, an analyst […] Read more


CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle continue lower on unclear outlook

'Hard hill to climb' expected for lean hogs

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed lower on Wednesday as uncertainty about demand lingers, while dry conditions in the U.S. West have analysts worried about an influx of market-ready cattle in the coming weeks. “You look at pasture range and it is deteriorating very quickly,” said Ted Seifried, chief ag market strategist […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle pull back on demand uncertainty

CME lean hogs strengthen

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures closed lower on Tuesday for a second consecutive session after key contracts reached more-than-four-month highs last week as processors continued to cut into a surplus of market-ready cattle, traders said. Concerns about a piecemeal economic reopening as coronavirus cases flare up across the United States have traders […] Read more


CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle backslide amid cautious slaughter improvements

Lean hogs down on supply backlog

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed lower on Monday, pulling back after a rally last week on signs that meatpackers may be working through backlogs of market-ready cattle, traders said. Although slaughter rates have returned to pre-coronavirus levels, cattle remain heavier after backing up in feedlots when processing plants closed this spring […] Read more

CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle end steady to firmer

Lean hogs dip after weekly advances

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed steady to firm on Friday, stabilizing after a two-session rally attributed to speculative buying and signs that meat packers may have worked through much of a backlog of market-ready cattle, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled unchanged at 103.275 cents/lb. and […] Read more