U.S. livestock: Cattle futures jump on snowstorm

U.S. livestock: Cattle futures jump on snowstorm

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures approached a one-year high on Tuesday on concerns that wintry weather in the middle of the country will temporarily tighten supplies. Snow in states such as Kansas, Nebraska and Iowa this week is expected to slow the transportation of cattle to processing plants run by companies such as […] Read more

U.S. livestock: Lean hogs bounce on short-covering, technical buying

U.S. livestock: Lean hogs bounce on short-covering, technical buying

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures ended higher for the first time in three sessions on Friday on short covering and technical buying ahead of the extended Presidents Day holiday weekend, traders and analysts said. Futures had been technically oversold after sinking to seven-month lows early this week under pressure from large hog […] Read more



U.S. livestock: Cattle sink on lower beef, slowing demand

U.S. livestock: Cattle sink on lower beef, slowing demand

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures declined for a second straight session on Wednesday as lower beef prices and seasonally slowing demand for the red meat triggered profit-taking and technical selling, traders and analysts said. Traders are awaiting the next wave of cattle sales at U.S. Plains feedlot markets, but cash market bids […] Read more








U.S. livestock: Hog futures drop on weak pork prices

U.S. livestock: Hog futures drop on weak pork prices

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell to the lowest levels since mid-August on Wednesday, declining for the second straight session as weaker prices for pork pointed to abundant supplies, traders and analysts said. Cattle futures also eased on the Chicago Mercantile Exchange but prices stayed within recent trading ranges as investors waited […] Read more

U.S. livestock: Hogs fall on technical selling, live cattle up

U.S. livestock: Hogs fall on technical selling, live cattle up

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined more than one per cent on Tuesday, giving back a portion of gains notched on Monday in a technical setback, traders said. Hogs on Monday surged from a multimonth low, boosted in part by technically oversold conditions. But the market remained anchored by abundant […] Read more