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Tag Archives lean hog

CME August 2021 live cattle (candlesticks) with 20-day moving average (dark red line), CME July 2021 lean hogs (pink open/high/low/close) and CME lean hog index (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle up on bargain-buying

CME lean hogs mostly lower; feeder cattle down on corn's bounce

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures firmed on bargain-buying on Friday after a steep plunge a day earlier, with expectations of steady to higher cash cattle prices next week adding support, traders said. “The market is chopping around but it looks like it needs to go back to the upside to price in […] Read more
CME August 2021 live cattle with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle hit two-month high

CME lean hogs end mixed

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose more than two per cent on Tuesday, setting a two-month high as deferred prices for corn, the main feed grain for cattle, continued to fall, traders said. CME benchmark August live cattle futures settled up 2.625 cents at 123.9 cents/lb. after reaching 124.125 […] Read more
CME August 2021 live cattle (candlesticks) with 20- and 100-day moving averages (brown and black lines) and CME August 2021 lean hogs (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures climb as corn prices cool

Lean hogs end lower

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures rose on Monday, reaching a one-month top as falling prices for feed grains lifted feeder cattle futures, traders said. CME August live cattle futures settled up 1.25 cents at 121.275 cents/lb. after reaching 121.575 cents, the contract’s highest since May 13. August feeder cattle […] Read more
CME August 2021 live cattle (candlesticks) with 20- and 100-day moving averages (dark red and black lines) and CME July 2021 lean hogs (pink line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle gain on strong packer margins

Profit-taking sinks hogs

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures firmed on Friday on strong beef plant margins and good demand from packers for fed cattle, traders said. Cash beef prices have flattened after a prolonged run higher, but packers continue to make a large profit on each animal slaughtered. “We’re probably seeing that our […] Read more
CME July 2021 lean hogs (candlesticks) with June 2021 lean hogs (pink line), June 2021 live cattle (dark red line) and August 2021 live cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs end mostly higher

Cattle futures advance

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mostly higher on Thursday on elevated pork prices and strong demand, although profit-taking clipped some of the gains, traders said. Lightly traded June hog futures climbed to the highest for a spot month contract in nearly seven years. More actively traded nearby contracts […] Read more
CME July 2021 lean hogs (candlesticks) with 10- and 50-day moving averages (pink and black lines) and June 2021 lean hogs (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Front-month hogs hit seven-year high in thin trade

August live cattle up, feeders lower

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended mixed on Wednesday, with the thinly traded June contract rising to a seven-year high as strong domestic demand continues to underpin prices even as export prospects wane, traders said. The most-active hog futures contract eased on profit-taking but remained near the peak it […] Read more
CME July 2021 lean hogs (candlesticks) with August 2021 live cattle (dark red open/high/low/close). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: July hogs retreat after matching contract high

August live cattle up slightly, feeders down

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures ended mixed on Tuesday after matching a contract high because of tight U.S. supplies and firm cash markets, analysts said. The hog market has surged this year due to strong domestic demand and solid export sales to China, the world’s biggest pork consumer. Profit-taking […] Read more
CME July 2021 lean hogs with Bollinger bands (20,2) and August 2021 live cattle (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rise on strength in cash market

August live cattle slip, feeder cattle up

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures rose on Monday, with the market underpinned by tight supplies and firm cash markets, traders said. But technical selling kept the gains in check, with the front-month contract failing to take out the seven-year high it hit on Friday. CME July lean hog futures added […] Read more
CME August 2021 feeder cattle (candlesticks) with 20-day moving average (red line) and CBOT July 2021 corn (yellow line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle gain on lower corn

December live cattle, July hogs up

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) feeder cattle futures gained on Thursday, lifted by lower corn futures and firmer back-month live cattle. “From the feeder buyer’s perspective, you had higher cattle and lower corn, so that’s a good deal,” said Alan Brugler, president of Brugler Marketing. CME August feeder cattle closed 1.35 cents […] Read more
CME August 2021 live cattle (candlesticks) with 20-day moving average (red line) and July 2021 lean hogs (pink open/high/low/close). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures rise as JBS reopens plants

July hogs down off Tuesday's peak

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures firmed on Wednesday, bouncing back from Tuesday’s steep decline that stemmed from a shutdown of JBS SA’s beef operations due to a cyberattack. JBS employees were returning to U.S. meat plants on Wednesday, with a return to full capacity in the next couple of days. […] Read more

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