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Tag Archives hog futures

(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle climb on beef prices, cash optimism

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle posted significant gains on Monday, led by strong wholesale beef prices and anticipation of steady or better cash prices this week, traders said. December closed 1.75 cents per pound higher at 166.5 cents, and February up 2.525 cents at 165 cents (all figures US$). Monday morning’s […] Read more
Markets

U.S. livestock: Live cattle contracts fall in choppy trade

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Reading Time: 2 minutes Chicago / Reuters – Most Chicago Mercantile Exchange live cattle contracts settled weaker in choppy action on Wednesday after investors squared positions on Christmas Eve, traders said. CME livestock markets will resume trading on Friday after closing early on Wednesday for Thursday’s Christmas holiday. December finished 0.650 cent per lb higher at 162.500 cents, February […] Read more
Markets

U.S. livestock: Hogs climb on short-covering before USDA report

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Reading Time: 2 minutes Chicago / Reuters – Chicago Mercantile Exchange lean hogs closed higher on Tuesday on short-covering ahead of the Christmas holiday and before the U.S. Department of Agriculture’s quarterly hog report at 2 p.m. CST (2000 GMT), traders said. Analysts expect the report, which will be released while Globex hog futures are trading, to show herd […] Read more
Markets

U.S. livestock: CME live cattle up 3rd straight day; hogs slide

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Reading Time: 2 minutes Chicago Mercantile Exchange live cattle rose for a third day in a row Monday on short-covering and positioning before the Christmas holiday, traders said. CME live cattle drew more support from buy stops and fund buying after February and April surpassed their respective 10-day moving averages of 160.64 cents and 160.18 cents. December closed 1.100 […] Read more
Markets

U.S. livestock: Feeder cattle climb before USDA report

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Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures closed higher on Friday, on short-covering and positioning before the U.S. Department of Agriculture’s monthly Cattle-On-Feed report at 2 p.m. CST (2000 GMT). Analysts expect the data to show high-priced calves prompted feedlots to buy fewer of them for fattening. Sluggish wholesale beef demand and uncertainty regarding prices for […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Expanded limits break CME feeder cattle losing streak

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange feeder cattle surged Thursday on short covering in volatile action after the exchange expanded futures trading limits, following three-cent-per-pound limit-down settlements five days in a row. CME took emergency steps on Wednesday to stem the plunge in feeder cattle contracts by increasing its limit to 4.5 cents/lb. from […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle extend limit-down string to fifth day

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Reading Time: 2 minutes Chicago | Reuters — Thinly traded Chicago Mercantile Exchange feeder cattle futures settled down their three cents per pound daily price limit for a fifth straight day on Wednesday, led by the recent plunge in cash feeder cattle prices, traders said. January and March closed at 216.6 cents and 212.25 cents, respectively (all figures US$). […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle drop limit fourth straight session

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Reading Time: 2 minutes Chicago | Reuters — Lightly-traded Chicago Mercantile Exchange feeder cattle futures finished down their three cents per pound daily price limit on Tuesday for a fourth day in a row following sharply lower cash prices, traders said. Fund selling, sell stops and CME live cattle’s subsequent limit-down settlement further pressured feeder cattle contracts. The inability […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME live cattle end lower

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures ended lower on Monday on fund liquidation and bearish fundamentals, traders said. December ended down 0.075 cent per pound at 161.975 cents and February ended 0.425 cent/lb. lower at 161.75 cents (all figures US$). Even though the overall supply of U.S. cattle is the lowest […] Read more

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