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U.S. livestock: Hogs rise on hopes for China trade talks
Livestock, Markets, Reuters

U.S. livestock: Hogs rise on hopes for China trade talks

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Reading Time: 2 minutes Chicago | Reuters — Hopes for progress in talks to resolve the U.S.-China trade war lifted Chicago Mercantile Exchange lean hog futures on Friday, traders said. Wall Street and commodities advanced after Bloomberg, citing people familiar with the matter, reported that China offered to go on a six-year buying spree to ramp up imports from […] Read more
U.S. livestock: Cattle ease on technical selling ahead of storm
Livestock, Markets, Reuters, Weather

U.S. livestock: Cattle ease on technical selling ahead of storm

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Thursday, with live cattle prices easing from recent contract highs on technical selling ahead of a major winter storm forecast to hit U.S. cattle country, traders said. Feeder cattle futures fell to a roughly 1-1/2 week low, pressured in part by rising corn […] Read more
U.S. livestock: Hog futures tumble to two-month low
Livestock, Markets, Reuters

U.S. livestock: Hog futures tumble to two-month low

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped as much as 3.7 per cent on Wednesday, skidding to the lowest levels in two months on pressure from chart-based selling and ample U.S. hog supplies, traders said. Hog prices on Tuesday had dipped below their closely watched 200-day moving average and on Wednesday […] Read more
U.S. livestock: Live cattle hit contract highs on storm forecast
Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle hit contract highs on storm forecast

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Reading Time: 2 minutes Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Fed cattle market lifts feeder prices

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $4 on either side of unchanged. Early in the week, the market was rather sluggish but a fortuitous bounce in the live cattle futures quickly spilled over into the feeder complex. Yearlings and heavier calves ended the week $2 to $4 higher. Feeding margins are […] Read more
U.S. livestock: CME hogs slip on weaker cash
Livestock, Markets, Reuters

U.S. livestock: CME hogs slip on weaker cash

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Friday, following softening cash hog prices, traders said. CME February hog futures settled down 1.425 cents at 62.65 cents/lb., halting a three-session advance (all figures US$). Traders noted that hogs in the top cash market of Iowa and southern Minnesota traded […] Read more
CME February 2019 lean hogs with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs, cattle rise as export hopes remain

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog and cattle futures closed mostly higher, supported by hopes for improved exports in the coming weeks, traders said. Technical buying also helped cattle futures, which were still trading close to contract highs hit earlier in the week. Traders also noted strength in the cash markets as […] Read more
CME March 2019 feeder cattle with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle ease after rally

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures rose 2.1 per cent to their highest in more than three weeks on Wednesday. Cattle futures were weaker, pressured by profit-taking after the front-month February live-cattle contract hit an all-time high on Tuesday. “There was no fundamental line item to go with it yesterday so […] Read more

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