GFM Network News


CME August 2021 live cattle (candlesticks) with 20- and 100-day moving averages (brown and black lines) and CME August 2021 lean hogs (pink line). (Barchart)

U.S. livestock: Cattle futures climb as corn prices cool

Lean hogs end lower

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose on Monday, reaching a one-month top as falling prices for feed grains lifted feeder cattle futures, traders said. CME August live cattle futures settled up 1.25 cents at 121.275 cents/lb. after reaching 121.575 cents, the contract’s highest since May 13. August feeder cattle […] Read more

CME August 2021 live cattle (candlesticks) with 20- and 100-day moving averages (dark red and black lines) and CME July 2021 lean hogs (pink line). (Barchart)

U.S. livestock: Cattle gain on strong packer margins

Profit-taking sinks hogs

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures firmed on Friday on strong beef plant margins and good demand from packers for fed cattle, traders said. Cash beef prices have flattened after a prolonged run higher, but packers continue to make a large profit on each animal slaughtered. “We’re probably seeing that our […] Read more


CME July 2021 lean hogs (candlesticks) with June 2021 lean hogs (pink line), June 2021 live cattle (dark red line) and August 2021 live cattle (black line). (Barchart)

U.S. livestock: Lean hogs end mostly higher

Cattle futures advance

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mostly higher on Thursday on elevated pork prices and strong demand, although profit-taking clipped some of the gains, traders said. Lightly traded June hog futures climbed to the highest for a spot month contract in nearly seven years. More actively traded nearby contracts […] Read more

CME July 2021 lean hogs with Bollinger bands (20,2) and August 2021 live cattle (dark red line). (Barchart)

U.S. livestock: Hog futures rise on strength in cash market

August live cattle slip, feeder cattle up

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures rose on Monday, with the market underpinned by tight supplies and firm cash markets, traders said. But technical selling kept the gains in check, with the front-month contract failing to take out the seven-year high it hit on Friday. CME July lean hog futures added […] Read more


CME July 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Lean hogs up as pork prices rise, corn tumbles

Corn's decline also feeder cattle's gain

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rebounded from the prior day’s losses on Tuesday on stronger cash pork prices and a weaker dollar, and as corn feed values fell sharply. Feeder cattle contracts also posted strong gains as benchmark corn futures on the Chicago Board of Trade plunged more than five […] Read more

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, black lines). (Barchart)

U.S. livestock: CME cattle gain as demand remains strong

Lean hogs down for second session

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures gained on Monday as cattle processing picked up, led by strong beef prices, while feed cattle gained on tight supplies and a lower corn trade, analysts said. CME June live cattle futures added 2.2 cents to 118.225 cents/lb., while August feeder cattle futures finished 4.425 cents […] Read more


CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Lean hog futures rise as cash market firms

Rally pauses in CME cattle futures

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rose on Tuesday, with the benchmark June contract setting a life-of-contract high on firm cash hog prices and signs of tightening supplies at a time of robust demand for pork, analysts said. On the Chicago Mercantile Exchange, most-active June lean hog futures settled up 0.8 cent at […] Read more

CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs climb to 6-1/2-year high

Cattle futures follow hogs higher

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied for a second straight session on Wednesday and the spot contract rose to the highest in 6-1/2 years on elevated pork prices and expectations for continued strong pork export sales. Pork prices have been rising, led by higher pork belly values, as retailers and […] Read more


CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs up on tightening hog supplies, strong pork demand

CME live cattle futures mixed

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Tuesday on lofty pork prices, tightening hog supplies and hopes for improved meat demand as economies begin to fully re-open after coronavirus pandemic shutdowns. Hog supplies have tightened following liquidation of the U.S. sow herd last year and some disease-related U.S. […] Read more

CME June 2021 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures rise, hog futures weaken

Demand expected to rise on re-openings

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose on Monday supported by expectations of souped-up demand as economies begin to fully re-open after shutdowns related to COVID-19. “Cattle futures continue to price in better days ahead and the technical picture looks improved as well,” brokerage StoneX said in a statement. The most-active June […] Read more