U.S. livestock: Cattle sink on lower beef, slowing demand

U.S. livestock: Cattle sink on lower beef, slowing demand

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures declined for a second straight session on Wednesday as lower beef prices and seasonally slowing demand for the red meat triggered profit-taking and technical selling, traders and analysts said. Traders are awaiting the next wave of cattle sales at U.S. Plains feedlot markets, but cash market bids […] Read more









U.S. livestock: Hog futures drop on weak pork prices

U.S. livestock: Hog futures drop on weak pork prices

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell to the lowest levels since mid-August on Wednesday, declining for the second straight session as weaker prices for pork pointed to abundant supplies, traders and analysts said. Cattle futures also eased on the Chicago Mercantile Exchange but prices stayed within recent trading ranges as investors waited […] Read more


U.S. livestock: Hogs fall on technical selling, live cattle up

U.S. livestock: Hogs fall on technical selling, live cattle up

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined more than one per cent on Tuesday, giving back a portion of gains notched on Monday in a technical setback, traders said. Hogs on Monday surged from a multimonth low, boosted in part by technically oversold conditions. But the market remained anchored by abundant […] Read more