(File photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle, hog futures rise

Reading Time: < 1 minute Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures rose on Wednesday, supported by steady-to-higher early-week cash prices, traders said. Hogs drew support from higher cash and wholesale pork prices. Futures were further supported by lower week-over-week hog weights. It’s a “good sign that these weights are coming down,” said Dan Norcini, an independent […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle rise on strong packer margins

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Tuesday, bouncing back from Monday’s declines. Traders said good profit margins at packers supported the gains. April live cattle closed 0.9 cent/lb. higher at 118.05 cents (all figures US$). The contract hit its highest since March 21. June ended up 0.725 cent, to […] Read more


U.S. livestock: CME nearby live cattle firm, deferred months weak

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mostly weaker on Monday, with traders locking in profits after prices rose on Friday. Lingering concerns over a snowstorm that covered northern areas of the Midwest and Plains provided support to some nearby contracts, a trader said. But overall, supplies were expected to remain […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle settle mixed, hogs firmer

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle April futures on Friday drew support from late-week cash price strength, while profit-taking weighed on the June contract, said traders. Short-covering and technical buying underpinned deep-deferred trading months, they said. April live cattle closed 1.325 cents/lb. higher at 117.075 cents (all figures US$). June ended down […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle, hogs close higher

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle hit a two-week high Thursday, driven by short-covering and futures’ discounts to this week’s prices for slaughter-ready, or cash, cattle, said traders. Remaining cash prices in parts of the northern U.S. Plains might benefit from tight cattle supplies along with forecasts for heavy snow and high […] Read more

(Lisa Guenther photo)

U.S. livestock: CME live cattle, hogs end mostly firmer

Reading Time: 2 minutes Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed firmer on Wednesday as investors digested initial prices for slaughter-ready, or cash, cattle while bracing for hefty supplies ahead, said traders. Market participants are also monitoring forecasts for a weekend snowstorm in the northern U.S. Plains that could disrupt livestock production in the […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle end mixed as market weighs big supply

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Tuesday as the spot contract rose on its discount to the cash market while deferred months drifted lower under heavy supplies of cattle, traders said. CME April live cattle closed up 0.775 cent/lb. at 112.8 cents, edging up ahead of the contract’s […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME lean hogs jump on short-covering

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied more than three per cent on Monday in a short-covering and bargain-buying rebound from life-of-contract lows posted last week, traders said. Some contracts, including actively-traded June, rose by as much as the daily three-cent limit as a steady slide in prices over the past […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle stumble on profit-taking

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle turned lower on Friday after profit-taking and fund liquidation gave back some of the market’s gains over the past two days, said traders. U.S. stocks’ plunge over trade war fears unnerved CME livestock investors still digesting Monday’s Chinese tariff hike on U.S. pork, with similar plans […] Read more