U.S. livestock: Hog futures set two-week peak on pork price hopes

U.S. livestock: Hog futures set two-week peak on pork price hopes

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures jumped to two-week highs on Tuesday amid hopes for increased pork prices, which have been under pressure from large supplies and weakened demand from China. Wholesale pork prices, known as the cutout, rose by $1.01 on Monday to $62.93/cwt for carcasses, according to U.S. Department of Agriculture […] Read more

U.S. livestock: CME live cattle retreat on profit-taking

U.S. livestock: CME live cattle retreat on profit-taking

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed lower on Monday as investors booked profits after contract highs hit on Friday, traders said. Managed funds hold a large net long position in Chicago Mercantile Exchange live cattle futures, leaving the market vulnerable to bouts of long liquidation. The funds expanded their net long in […] Read more



U.S. livestock: Cattle end mixed, June sets new high

U.S. livestock: Cattle end mixed, June sets new high

Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures finished mixed after touching a new contract high on Thursday, as concerns about cold weather tightening supplies underpinned prices. Forecasts for more cold, snowy weather in the middle of the country kept traders on edge after recent storms slowed transportation and weight gain in herds. Cattle typically […] Read more


U.S. livestock: Cattle futures reach new contract highs again

U.S. livestock: Cattle futures reach new contract highs again

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures notched new contract highs for the third consecutive session on Wednesday before the rally fizzled out. Traders were searching for fresh news to push up prices after factoring in concerns about cold weather and snow in the central U.S. slowing weight gain in herds and disrupting shipments […] Read more

U.S. livestock: Cattle set contract highs on winter weather

U.S. livestock: Cattle set contract highs on winter weather

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures jumped to contract highs on Tuesday as traders worried about snow and cold temperatures slowing shipments of livestock to processing plants. Lean hog futures also rose in a turnaround from a slide to contract lows last week. Traders focused on the wintry weather as forecasters predicted more […] Read more



U.S. livestock: Cattle set one-year high on weather, supply concerns

U.S. livestock: Cattle set one-year high on weather, supply concerns

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures reached a one-year high on Friday on concerns that cold, snowy weather next week may tighten supplies by slowing weight gain and transportation of livestock. Snowfall is expected to increase across the U.S. Plains, where the temperature outlook also is trending colder, according to weather forecaster Radiant Solutions. […] Read more