Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firm on Friday, underpinned by tight supplies and as harsh winter weather in recent weeks lowered cattle slaughter weights and limited beef production, traders said. Live cattle futures prices remained bound in a recent trading range as cash cattle prices at Plains feedlot […] Read more
U.S. livestock: CME live cattle end firm on tight supplies, lower weights
Hogs mixed on weak cash prices, higher cutout
U.S. livestock: CME lean hogs end mixed, cattle mostly lower
Corn's rally put pressure on feeder cattle futures
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mixed on Thursday, with actively traded nearby months down on weak pork prices and dull demand, while deferred contracts rose on expectations for tighter supplies in coming months, traders said. The February hog contract was down for the 10th time in 11 sessions and […] Read more
U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low
Cattle futures also follow beef values lower
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell on […] Read more
U.S. livestock: CME hogs sink to three-month low on weak pork prices
Live cattle steady to higher
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Tuesday for the eighth time in nine sessions on concerns about pork demand and slumping pork prices, traders said. The actively traded February lean hog contract dropped to a three-month low as packer margins eroded and the pork cutout price slid to the […] Read more
U.S. livestock: CME hogs up off three-month low on bargain buying
Chicago cattle futures also gain
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures bounced from a three-month low on Monday and settled higher for the first time in eight sessions in a technical and bargain-buying rally to start the first full trading week of the year. Cattle futures also gained on improved packer demand following recent weeks of […] Read more
U.S. livestock: CME lean hogs extend slide to three-month low
Cattle also lower; "no urgency in this market right now"
Reading Time: 2 minutes Chicago | Reuters — CME lean hog futures sank to a three-month low and closed weaker for the seventh consecutive session on Friday on concerns about weak demand, brokers said. An increase in hog weights also hung over the market, after recent winter storms delayed processing and backed up livestock on farms, brokers said. Pork […] Read more
U.S. livestock: CME lean hogs touch three-week low
Most live cattle futures settle lower
Reading Time: < 1 minute Chicago | Reuters — CME lean hog futures set a three-week low on Thursday, under pressure from losses in broader markets and following recent weakness in cash hog prices, analysts said. Feeder cattle futures also ended lower as the market pulled back one day after hitting a September high. Livestock markets took signals from a […] Read more
U.S. livestock: CME hogs weaken, cattle rise as winter storms hit
Hogs touch lowest since Dec. 16
Reading Time: 2 minutes Chicago | Reuters — CME lean hog futures fell to their lowest price in more than two weeks on Wednesday and live cattle futures strengthened as snowstorms continued to disrupt livestock operations. Feeder cattle futures reached their highest price since September. Wintry weather in the northern U.S. Plains has delayed livestock shipments, reduced cattle weights […] Read more
U.S. livestock: CME cattle, hog futures near two-week lows in broad selloff
Boxed beef values limit losses in cattle
Reading Time: < 1 minute Chicago | Reuters — CME Group livestock futures hit their lowest prices in about two weeks on Tuesday on profit-taking and widespread selling that dragged down commodity and financial markets, analysts said. Traders booked profit in live cattle after the most-active contract reached a fresh high on Thursday, brokers said. Benchmark CME February live cattle […] Read more
U.S. livestock: CME futures ease on profit-taking, feed prices
Smaller cattle supplies remain a concern
Reading Time: 2 minutes Chicago | Reuters — CME livestock futures eased back on Friday, as traders sought profits after cattle futures hit new contract highs in the previous session and on pressure from a run-up in grains, traders said. U.S. livestock markets will be closed Monday for the New Year holiday. On Tuesday, the markets will pre-open at […] Read more
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