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U.S. livestock: Live cattle hit contract highs on weather woes
Livestock, Markets, Reuters

U.S. livestock: Live cattle hit contract highs on weather woes

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose Tuesday, with the benchmark June contract hitting a high as poor feedlot conditions in portions of the U.S. Plains raised concerns about beef supplies, traders said. Lean hogs closed lower in a profit-taking setback from contract highs set a day earlier. Fat cattle futures […] Read more
U.S. livestock: Hog futures rise on pork export optimism
Livestock, Markets, Reuters

U.S. livestock: Hog futures rise on pork export optimism

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Reading Time: 2 minutes Chicago | Reuters — U.S. front-month hog futures surged on Monday, extending last week’s advances on expectations of additional export sales to China, where African swine fever has decimated the world’s largest hog herd, traders said. “We had that huge sale of pork to China last week, and the market is anticipating more sales,” said […] Read more
U.S. livestock: Hogs limit up as swine fever cuts Chinese herd
Livestock, Markets, Reuters

U.S. livestock: Hogs limit up as swine fever cuts Chinese herd

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Reading Time: < 1 minute Chicago | Reuters –– U.S. hog futures rallied to a five-month high on Friday, closing at their daily trading limit on improving export prospects due to a sharp reduction in China’s domestic supplies, traders said. China’s pig herd slid 16.6 per cent in February from the previous year, as African swine fever swept the country, […] Read more
U.S. livestock: Hog futures mixed after hitting three-month high
Livestock, Markets, Reuters

U.S. livestock: Hog futures mixed after hitting three-month high

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures were mixed on Wednesday, with the front-month contract easing on profit-taking after rallying to a three-month high while deferred contracts rose on expectations of tight supplies, traders said. Live cattle contracts were firm following two straight days of declines with concerns about a massive U.S. storm system […] Read more
U.S. livestock: Hogs extend win streak on short-covering, firm cash
Livestock, Markets, Reuters

U.S. livestock: Hogs extend win streak on short-covering, firm cash

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures rallied to two-month high on Tuesday, their third straight day of gains, as investors scrambled to cover shorts amid concerns about supplies and signs of cash market strength, traders said. Live cattle futures were weaker, with abundant supplies continuing to weigh on the market. Concerns about African […] Read more
U.S. livestock: Hog futures rally for second day
Livestock, Markets, Reuters

U.S. livestock: Hog futures rally for second day

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Reading Time: 2 minutes Chicago | Reuters –– U.S. lean hog futures rallied 3.7 per cent on Monday to their highest level since January, with strength in the cash market leading the way, traders said. But cattle futures weakened, setting back from Friday’s gains amid plentiful supplies. Chicago Mercantile Exchange April lean hogs settled 2.3 cents higher at 62.85 […] Read more
U.S. livestock: Hogs dip from two-week high, await trade news
Livestock, Markets, Reuters

U.S. livestock: Hogs dip from two-week high, await trade news

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures retreated on Wednesday after four straight sessions of gains in a technical and profit-taking setback from two-week highs as investors awaited new developments in U.S.-China trade negotiations. Cattle futures also fell broadly, although worries about a late-winter snowstorm forecast for the beef cattle-producing U.S. Plains underpinned the […] Read more

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