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U.S. livestock: Nearby live cattle futures jump on short covering, positioning

Reading Time: < 1 minute Chicago | Reuters – Live cattle futures rallied on month-end short covering and position squaring on Wednesday, with the nearby contract hitting its highest price in almost eight months, traders said. Front-month CME October live cattle settled up 1.950 cent at 115.850 cents per pound and reached its highest price since March 6. Most-active December […] Read more

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U.S. livestock: Cattle futures fall on concerns over increasing supplies

Reading Time: 2 minutes Chicago | Reuters – Live cattle futures dropped to their lowest prices in more than a week on Tuesday and feeder cattle futures fell to seven-week lows on worries about increasing U.S. supplies, analysts said. Feedlots were offering to sell some 5,000 more cattle than a week ago, said Rich Nelson, chief strategist for Illinois-based […] Read more


PHOTO: Thinkstock

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

Reading Time: 2 minutes Chicago | Reuters – Lean hog futures on the Chicago Mercantile Exchange gained as much as 1.7 percent on Monday, rising on technical buying and calendar spreading despite weaker prices for hogs in U.S. cash markets, traders said. Live and feeder cattle futures each were narrowly mixed in spread trading amid a lack of fresh […] Read more

Photo: Canada Beef Inc.

U.S. livestock: Live cattle slip from 3-week high in technical setback

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures dropped on Thursday in a technical-selling and profit-taking setback after scaling to three-week highs the previous day. Strengthening cash beef prices and government data showing smaller-than-expected cattle supplies at feedlots had supported the market earlier this week. “Coming out of the cattle on feed report, […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Lean hogs end limit-up on African swine fever jitters

Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures surged on Wednesday as concerns about the spread of African swine fever, particularly in China, fueled buying that took some contracts up by as much as their daily trading limits. Additional support in actively traded December futures stemmed from the contract’s discount to cash hog […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle futures slip from two-week high; hog futures firm

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures eased on Tuesday, retreating from a two-week high hit on Monday on a round of profit taking, traders said. Hog futures were higher, supported by a U.S. government report released after the close on Monday that showed supplies were tighter than expected. The most active December […] Read more


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U.S. livestock: Cattle, hog futures rebound on supply reports

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures rose on Monday, bouncing back from Friday’s decline as traders digested government reports that showed supplies, while remaining abundant, were less than expected. Concerns about the spread of African swine fever in China added support. The U.S. Agriculture Department on Monday reported that beef in cold […] Read more

CME December 2018 live cattle with 20-day moving average. (Barchart)

U.S. livestock: Cattle futures ease ahead of USDA report

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Friday, with both live cattle and lean hogs easing on worries that U.S. supplies were growing faster than demand, traders and analysts said. Cattle futures declined ahead of the U.S. Department of Agriculture’s monthly Cattle on Feed report, which was released after the […] Read more


CME December 2018 lean hogs, with 50-day moving average. (Barchart)

U.S. livestock: Hogs extend slide, fall below seven-week lows

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slid for the third consecutive session on Thursday and touched their lowest prices in more than seven weeks on concerns about increasing supplies, traders said. The market has weakened since contracts set multi-month highs on Oct. 1 amid worries about meat supplies swelling due to […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs decline on heavier animals, technical selling

Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped for the second straight session on Wednesday, on technical selling and after government data showed heavier-weight U.S. hogs that pointed to larger supplies, traders said. Bear-spreading pressured front-month December hogs, which settled down 2.175 cents at 54.7 cents/lb., a decline of about four per […] Read more