Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle fell on Wednesday on technical liquidation, as livestock markets continue to wrestle with questions about consumer demand as food prices surge, traders said. Feeder cattle futures firmed on the day as feed prices fell, traders said. “Today’s live cattle futures trade has been choppy to weaker, […] Read more
U.S. livestock: CME feeder cattle rise as feed prices slip
June live cattle, April hogs lower
U.S. livestock: CME cattle up amid weak broader markets
Nearby hog futures see muted gains
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures climbed on Tuesday as investors looked for safety amid weaker broader markets. “With oil prices giving up gains the last couple days, the reverse happened in cattle,” said Altin Kalo, Economist at Steiner Consulting Group. CME’s most-active June live cattle added 1.1 cents to 136.8 cents/lb., […] Read more
Canada allows Brazilian beef and pork, Brazil ag minister says
Reading Time: < 1 minute Updated, March 15 — Reuters — Canada has approved the importation of beef and pork from Brazil, which had been blocked over health concerns, authorities from both countries said on Monday. “We are in Ottawa and have just left the Canadian Ministry of Agriculture with … great news: the opening up of the country’s pork […] Read more
U.S. livestock: CME hogs, cattle rise as grain markets stabilize
Bargain buying supports cattle
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday, supported by technical buying, traders said. Cattle futures also were firm, bouncing back from two days of declines on some end-of-week bargain hunting. Signs of stability in the grain and soy markets after wild volatility since Russia’s invasion of Ukraine added support to […] Read more
U.S. livestock: Cattle down on cash weakness, technical selling
Chicago lean hogs mixed
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Thursday, with weakness in the cash markets pressuring futures, traders said. Some follow-through selling in cattle also was noted after sharp declines on Wednesday, Pork futures were mixed, with the most-active April contract falling after a government report showed a sharp drop in exports […] Read more
U.S. man with transplanted GM pig heart dies, hospital says
Reading Time: 2 minutes Reuters — A 57-year-old man with terminal heart disease who made history as the first person to receive a genetically modified pig’s heart died Tuesday afternoon at the University of Maryland Medical Center (UMMC), the hospital said. David Bennett received the transplant on Jan 7. His condition began deteriorating several days ago, the hospital said […] Read more
U.S. livestock: CME futures slide on U.S., global economic fears
Inflation 'starting to spook' consumers
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures fell sharply on Wednesday, as Russia’s invasion of Ukraine continued to fuel worries about the health of global and domestic economies, traders said. The livestock market also followed a slump in grain and oilseed futures, which continued to be rattled by global […] Read more
U.S. livestock: CME cattle firm, hogs rebound
Hogs up off lowest since Feb. 4
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on a round of technical buying on Tuesday after snapping an eight-session losing streak on Monday, traders said. Hog futures rallied on a bargain-buying bounce after sinking to their lowest in more than a month and feeder cattle futures also were firm. CME April […] Read more
U.S. livestock: CME cattle bounce from multi-month lows
Chicago lean hogs extend declines
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange cattle futures rebounded from multi-month lows on Monday, while hog futures eased on follow-through selling after notching a limit-down decline on Friday. Live cattle futures snapped an eight-session losing streak that saw the April contract shed seven per cent of its value and drove prices to their lowest […] Read more
U.S. livestock: CME cattle hit multi-month lows
Hogs drop by daily limit
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped to a six-month low and feeder cattle hit a nine-month low on Friday, while lean hog futures sank by the daily exchange-imposed trading limit. Follow-through selling pushed down cattle contracts after a string of losses in the markets, brokers said. Recent weakness in wholesale […] Read more
A message from April Stewart, Country Guide's Associate Editor
