GFM Network News


U.S. livestock: Cattle up on beef demand, cash market optimism

Chicago hogs down on profit-taking

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose on Tuesday, with the December contract reaching its highest in a month on signs of strong demand for beef and expectations of firm cash cattle trade this week, analysts said. Also, commodity funds appeared to be adjusting positions ahead of the end of the month and […] Read more

U.S. livestock: Hog futures rise on export hopes

CME cattle futures weaken

Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures rose 1.7 per cent on Friday, with the market shrugging off bearish supply data on hopes that exports would remain strong, traders said. “At a time when we are nearing our fourth-quarter peak in supply, the market is highly focused on the belief that export sales are running […] Read more


U.S. livestock: Cattle futures rise on supply concerns

CME lean hog futures down

Reading Time: < 1 minute Chicago | Reuters — Live cattle futures rose to their highest in more than a month on Thursday, supported by signs of a stabilizing cash market and concerns about tight supplies in the coming months, traders said. “The feedlots believe… that we have a marketing hole for most of October into December,” Don Roose, president […] Read more

U.S. livestock: Live cattle futures up ahead of USDA report

Hogs also up ahead of separate USDA data

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures gained on Wednesday, as traders weighed continued strong slaughter rates against expectations for higher placements in the U.S. Department of Agriculture’s end-of-week Cattle on Feed report. “The beef market looks like it’s possibly stabilizing, and that should be supportive for cattle prices in the near term,” said […] Read more


U.S. livestock: Hog futures gain on export optimism

CME cattle down ahead of USDA report

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures markets climbed on Tuesday on optimism over China’s continued purchases of U.S. grains, traders said. Exporters sold 266,000 tonnes of U.S. soybeans to China and 264,000 tonnes to unknown destinations, the U.S. Department of Agriculture reported on Tuesday, marking the 13th consecutive business day of sales to […] Read more

U.S. livestock: Cattle, hog futures fall with other commodities

Traders watching Germany's swine fever findings

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle and hog futures markets fell on Monday, following a broad-based commodity sell-off in the absence of any fresh bullish news, traders said. “It is just kind of risk-off trade,” said Matthew Wiegand, broker at FuturesOne. “Livestock was for the most part happy to follow along.” Chicago Mercantile Exchange October […] Read more


U.S. livestock: CME cattle futures end up on firm cash trade

Lean hog futures close mixed

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed modestly higher on Friday, supported by strength in cash cattle markets this week, but uncertainty about beef demand in the coming months capped rallies, analysts said. Chicago Mercantile Exchange October live cattle futures settled up 0.575 cent at 107.35 cents/lb. and December rose 0.525 cent to […] Read more

U.S. livestock: CME hogs up on another swine fever case in Germany

Cash cattle values firming

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures rose on Thursday as Germany confirmed one more case of African swine fever in a wild boar, fueling market hopes that China will boost U.S. pork imports. The new case follows six others confirmed in wild boars, not farm animals, in the past week. While no farm animals […] Read more


U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were […] Read more

U.S. livestock: CME lean hogs fall, cattle up on technical trading, profit-taking

Hogs 'stretched out technically last week'

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures slid on Monday on technical selling and profit-taking, as the trade began to question whether Chinese demand for U.S. pork will boom after rival supplier Germany confirmed a single case of African swine fever in a wild boar. U.S. pork packer margins eased but still were solid, […] Read more