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CME February 2019 live cattle, with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures mostly lower on technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures were mostly lower on Tuesday while lean hogs pared gains late in the session, with each pressured in part by technical selling and profit-taking, traders and analysts said. Some traders were liquidating positions in Chicago Mercantile Exchange cattle futures ahead of a monthly U.S. Department of Agriculture supply […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures drop on plentiful supplies, demand concerns

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures fell on Friday, pressured by ample supplies and rising concerns about demand amid weakness in global equities markets, traders said. Flat cash markets also cast a bearish tone on the markets. Cash cattle have traded at $111/cwt for five weeks in a row (all figures US$). Most-active CME […] Read more
CME lean hogs: October 2018 in black, December 2018 in pink. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures slump on ample supplies

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Tuesday, weighed down by technical selling and expectations that supply will increase, traders said. Cattle futures were only slightly lower on the Chicago Mercantile Exchange, staying within the narrow range that has defined the trade for weeks. CME December hogs, […] Read more
CME October 2018 lean hogs, with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs extend recovery, near six-month high

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to their highest prices in about six months on Friday on technical buying. CME October hogs reached a session high of 68.825 cents/lb., the contract’s highest price since April 19, before paring gains (all figures US$). It ended up 0.7 cent/lb., at 68.2 cents. […] Read more
Sides of pork in cold storage. Tariffs on U.S. pork in China and Mexico have curtailed U.S. exports, resulting in price-depressing oversupply. (Agnormark/iStock/Getty Images)
Hogs, Livestock, Markets

Hog producers continue struggle toward profitability

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Reading Time: 4 minutes CNS Canada — Hog prices might have regained some value in recent days, but many producers are still a long way from profitability, according to the chair of Manitoba Pork. That’s why lenders such as Farm Credit Canada, who show they understand the needs of producers who are dependent on commodity markets, are appreciated, said […] Read more
(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Hog, cattle contracts end mixed

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly lower on Thursday, with deferred contracts setting back on a round of profit-taking. The front-month October hogs contract ended slightly higher, but closed below session peaks, in thin trading. Live cattle contracts followed a similar pattern to the hogs, with the front-month contract […] Read more

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