Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures climbed on Wednesday, after being lower for two days, supported by a strong cash market, as analysts watch for market-ready hog numbers to begin seasonally moving higher. “The cash hog strength is impressive,” said Matthew Wiegand, Risk Management Consultant at FuturesOne. CME’s nearby August lean […] Read more
U.S. livestock: Hog futures gain as cash index climbs
U.S. livestock: Cattle futures ease as ranchers push forward marketing amid drought
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Tuesday, pressured by softening cash cattle prices as ranchers trim herds amid prolonged drought in the Southern U.S. Plains. “Marketing is getting pushed forward. Cows are being sent to market because of herd liquidation,” said Doug Houghton, technical analyst at Brock Capital Management. […] Read more
U.S. livestock: Gains in cattle futures limited by smaller cattle on feed placements
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Monday as drought conditions across the U.S. Southern Plains continue to degrade grazing land, though gains were limited by smaller-than-expected declines in feedlot placements, analysts said. Ranchers have been pushing cattle into feedlots at higher rates as parched grassland struggles to support herds, […] Read more
U.S. livestock: Cattle futures end higher on firm beef prices
Futures up before new USDA figures released
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Friday, supported by strong beef prices and positioning ahead of U.S. government reports released after the close of the market, traders said. CME August live cattle futures settled up 1.65 cents at 137.375 cents/lb. and most-active October ended up 2.025 cents at […] Read more
U.S. livestock: Hog futures end mixed
Cash markets lift August hogs; live cattle lower, feeder cattle up
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mixed on Thursday, with the front August contract gaining against back months as a heat wave in the Midwest and Plains helped support nearby cash hog prices, traders said. CME August lean hog futures settled up 1.425 cents at 116.3 cents/lb. while most-active October […] Read more
U.S. livestock: Hog futures climb, following cash markets
CME live cattle inch up in lacklustre trade
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday, supported by firm cash markets tied to tight supplies of hogs, traders said. Hot weather in the U.S. midsection added support, posing potential disruptions to the transport of animals. CME August lean hog futures settled 2.05 cents higher at 114.875 cents/lb. […] Read more
U.S. livestock: Rising wholesale meat prices lift futures
CME live cattle buck seasonal trends
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended higher on Tuesday as wholesale beef prices rose, bucking seasonal trends and spurring hopes for higher cash cattle prices this week, traders said. CME August live cattle futures settled up 0.1 cent at 135.725 cents/lb. and most-active October ended up 0.5 cent at 141.1 […] Read more
U.S. livestock: Cattle, hog futures up on hot spell, firm meat prices
Heat wave lowers animals' rate of gain
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday on spillover strength from outside markets including Wall Street, as well as firm wholesale beef prices and worries about hot weather stressing cattle in the Plains and Midwest, traders said. CME August live cattle futures settled up 0.7 cent at 135.625 cents/lb., […] Read more
U.S. livestock: Cattle futures weak, hogs slightly higher
Futures gain on the week
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell for the second day in a row on Friday, with expectations that supplies will outstrip demand in the coming months. The most-active August live cattle futures dropped 0.475 cent to settle at 134.925 cents/lb. (all figures US$). The contract fell below its 10-day moving average […] Read more
U.S. livestock: Cattle futures weaken on profit-taking
Hogs fall on technical setback
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Thursday on a round of profit-taking after three straight days of gains, traders said. Signs of weakness in the cash market also weighed on cattle futures. The front-month feeder cattle contract was setting back from its highest since November 2015. Hog futures fell on […] Read more
A message from April Stewart, Country Guide's Associate Editor
