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

U.S. livestock: Live cattle jump as beef stocks tighten, funds buy

Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures scaled to their highest point in 5-1/2 months on Wednesday as tighter-than-expected beef stocks and rising cash beef prices triggered active fund buying that took prices through key technical resistance levels. Actively traded contracts posted their strongest gains in nearly a month, breaking out of a narrow […] Read more



CME February 2020 lean hogs, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs end mostly higher

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed mostly higher on Monday as hopes for rising demand for U.S. pork exports, particularly from China, more than offset near-term pressure from plentiful hog supplies. Investor caution kept hog futures in a narrow trading range following a roller-coaster session on Friday in which the market surged […] Read more





CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle climb on hopes for higher cash trade

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed modestly higher on Wednesday, extending a five-week rally tied to expectations of strong prices this week for cattle in the cash market, traders said. “Cash is $1-$2 higher every week, better than what people anticipated,” said Scott Varilek, a broker at Kooima and Kaemingk Commodities Inc. […] Read more



CME December 2019 live cattle with 20-, 100- and 200-day moving averages. (Barchart)

U.S. livestock: Live cattle futures climb, led by firm cash trade

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose more than one per cent on Monday, with the benchmark December contract touching a 2-1/2-month top after cash cattle traded late last week about US$2/cwt higher than the previous week, traders said. The five-area average price for cash cattle last week was just above $109/cwt, according […] Read more