Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures ticked up on Wednesday as pork cutout values remained strong and a weaker dollar made U.S. exports more competitive, traders said.
Tag Archives CME
U.S. livestock: Hog futures up slightly on firm demand, weaker dollar
U.S. livestock: Cattle futures rise on strong stock market, retail sales
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle and feeder cattle futures edged up on Tuesday on stock market gains and strong economic data, traders said.
U.S. livestock: Live cattle futures slip on waning consumer demand
Reading Time: < 1 minute Chicago Mercantile Exchange live and feeder cattle futures slipped on Monday as boxed beef prices retreated and consumer demand fell, traders said.
U.S. livestock: Profit-taking pushes down CME cattle futures after gains
Reading Time: 2 minutes Traders booked profits ahead of the weekend, after the markets previously found support from gains in equities and improved processor margins that should boost demand for slaughter-ready cattle. Beef processors were earning $54.30 for each head of cattle they slaughtered, after losing money on each animal just a month ago, HedgersEdge.com data shows.
U.S. livestock: Live cattle futures end lower in consolidation
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce, while feeder cattle futures firmed as corn prices declined, signaling cheaper feed costs.
U.S. livestock: Cattle futures rally in turnaround from slide last week
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on short covering on Monday, analysts said, as the markets recovered from a slide last week.
U.S. livestock: CME cattle fall amid fears over labour market
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures fell on Friday on a dip in equities markets, slowing momentum in the labour market and a weak cash cattle trade, analysts said. Lean hog futures also fell as industry players anticipated a large supply of heavy hogs to hit the market […] Read more
U.S. livestock: CME cattle fall as consumers opt for cheaper meats
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Thursday on renewed worries over inflation-hit consumers’ ability to purchase pricy cuts of meat, traders said. Hog futures also fell on a seasonal lull in prices and a strong supply of heavy hogs. Beef and pork demand has eased […] Read more
U.S. livestock: CME cattle dip on weak cash market, rising corn prices
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures fell on Wednesday following recent weakness in cash prices and as corn prices sustained a small rally, traders said. Traders also monitored U.S. beef demand. Demand for beef typically weakens after Labor Day, which is considered the last major grilling holiday […] Read more
U.S. livestock: CME cattle, lean hog futures turn higher as wholesale prices firm
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, as wholesale prices firmed and the slaughter pace temporarily shrank as some plants shuttered over the holiday weekend, analysts said. Strong boxed beef prices continued to underpin cattle markets, traders said. Select boxed beef prices rose on Tuesday morning, with prices […] Read more