Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Tuesday on technical selling as the market moved closer to values in the cash market, traders said. Cattle contracts also were lower, with traders noting pressure from strength in corn futures. Recent declines in both cattle and hogs have done little to spur a […] Read more
U.S. livestock: Hog, cattle futures fall on technical selling
Cattle trade sees pressure from rising corn futures
U.S. livestock: Hog futures drop to contract lows on demand woes
CME cattle futures also lower
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures sank to contract lows on Monday, with the market under pressure from plentiful supplies and weak demand for pork at grocery stores and on the export market. “The story remains one of a slow-to-move product market,” brokerage StoneX said in a note to clients. Cattle futures […] Read more
U.S. livestock: Cattle futures rally
Hog futures slide to new lows; USDA cattle report seen as neutral
Reading Time: < 1 minute Chicago | Reuters –– Chicago Mercantile Exchange cattle futures rose on Friday in a bout of technical trading, as cash prices remained relatively steady and investors positioned themselves ahead of the monthly U.S. Department of Agriculture (USDA) report, traders said. On the pork side, a second day of volatile trading across lean hog futures resulted […] Read more
U.S. livestock: Cattle futures up ahead of USDA feedlot data
Hog futures mixed; U.S. pork export sales up on week
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Thursday on technical buying and position-squaring ahead of a monthly U.S. Department of Agriculture (USDA) report that is expected to show fewer cattle in U.S. feedlots compared to a year ago, traders said. CME June live cattle settled up 0.7 cent at 165.525 […] Read more
U.S. livestock: Lean hogs pressured by cheap cash prices, softer pork prices
Nearby live cattle higher, feeder cattle down
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined on Wednesday, snapping a three-session advance, pressured by a discounted cash hog market and declining wholesale pork prices, traders said. CME June lean hog futures settled down 2.325 cents at 84.875 cents/lb. and the July contract fell 2.575 cents to end at 85.55 cents […] Read more
U.S. livestock: Live cattle inch lower, nearby hogs end higher
'Cutouts slowly start to lose ground here'
Reading Time: < 1 minute Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange slipped on Tuesday, pressured by softening wholesale beef prices and a lack of bullish news, traders said. Cash cattle trade was quiet, leaving some traders to focus on beef prices. The U.S. Department of Agriculture (USDA) priced choice cuts of beef on Tuesday […] Read more
U.S. livestock: Lean hogs up two per cent on firm cash markets, short-covering
June live cattle down, later months up
Reading Time: 2 minutes Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange rose more than two per cent on Monday on signs of firming cash hog values, rising wholesale pork prices and short-covering. CME June lean hog futures settled up 2.05 cents at 86.15 cents/lb., with the July contract up 2.175 cents at 87.5 cents […] Read more
U.S. livestock: Cattle futures rise on falling corn prices
Chicago lean hogs also firm
Reading Time: < 1 minute Chicago | Reuters — CME Group cattle futures contracts rallied on Friday as a government forecast for a record-large U.S. corn harvest raised expectations that feeding costs will weaken as the supply base rises. Hog futures ended firm on signs of improving values in the cash market, traders said. Most actively traded June lean hog […] Read more
U.S. livestock: Hog futures fall on weak export data
CME cattle futures mixed
Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures fell on Thursday on poor export demand for pork, traders said. Cattle futures were mixed, with live cattle easing on weakening trades in the cash market. Feeder cattle contracts were supported by falling corn prices. The U.S. Agriculture Department said on Thursday morning that beef export sales […] Read more
U.S. livestock: Hog, cattle futures fall on poor fundamental outlook
Corn prices expected to remain weak
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Wednesday, as poor demand for pork smothered any bargain-buying attempts to pull prices away from contract lows hit earlier this week. Cattle contracts also were lower, but the declines were kept in check by expectations that corn prices will remain weak and keep feeding […] Read more
A message from April Stewart, Country Guide's Associate Editor
