Daily Network News

More News →

Tag Archives lean hog

CME December 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs to face bigger-than-expected herd

CME cattle futures turn higher

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose to a one-week high on Thursday but face pressure from a U.S. government report that showed a larger-than-expected domestic herd, analysts said. The U.S. Department of Agriculture, in a quarterly report issued after trading ended, said the inventory of all hogs and pigs on […] Read more
CME October 2023 feeder cattle with 20- and 50-day moving averages and most-active November 2023 feeder cattle (black line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle dip to three-week low

Live cattle also drop, hogs mixed ahead of USDA report

By
Reading Time: 2 minutes Chicago | Reuters — Chart-based and fund selling dragged Chicago Mercantile Exchange live cattle futures to their lowest level in more than a week on Tuesday while feeder cattle hit a three-week low, traders said. Most-active lean hog futures also came under pressure. Steep losses on Wall Street set a negative tone for cattle futures, […] Read more
CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle slip, but stay near recent highs

December hogs up off three-week low

By
Reading Time: < 1 minute Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange eased on Monday as the market pulled back slightly from life-of-contract highs set last week. The markets remain near their peaks as tight U.S. cattle supplies continue to fuel supply concerns. CME October live cattle futures settled 0.1 cent down at 186.975 cents/lb., […] Read more
CME December 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle end firm, consolidate below recent highs

Hogs up on discount to cash price index

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday as the market consolidated just below life-of-contract highs touched a day earlier. Tightening U.S. cattle supplies remain a supportive backdrop to the market, but fresh bullish news was lacking, traders said. Wholesale beef prices fell, extending a seasonal slide dating from […] Read more
CME October 2023 lean hogs with 10-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Chicago hogs turn upward

Cattle futures down on day

By
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) lean hog futures turned solidly upward Tuesday, a day after most trading months except October booked declines. October lean hogs closed Tuesday at 84.85 cents/lb., up 1.6 cents from Monday, while December closed at 76.25 cents, up 1.825 cents on the day (all figures US$). October hogs had dipped below 82 […] Read more
CME October 2023 live cattle, with December 2023 live cattle (dark red O/H/L/C). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle touch contract highs on cash prices, tight supplies

Lean hogs mixed in technical trading

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures scaled to life-of-contract highs on Friday on firmer cash market prices and tight supplies of market-ready animals, traders said. Feeder cattle futures also posted contract highs across the board, drawing additional support from weaker feed corn prices. Feedlot cattle in the central and southern U.S. […] Read more
CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Tight supply drives CME live cattle to new highs

Hogs down off Wednesday's one-month high

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures galloped to new highs on Thursday on short-covering combined with continued concerns about U.S. tight supplies, brokers said. October live cattle futures ended up 2.325 cents at 185.475 cents/lb. after setting a contract high of 185.775 cents/lb. (all figures US$). December live cattle settled 2.5 […] Read more
CME October 2023 live cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures ease in technical setback after highs

Nearby lean hogs also down on technical selling

By
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures retreated on Wednesday in a technical selling and profit-taking setback after hitting highs earlier in the week, traders said. Higher feed corn prices and a weak tone to the cash beef market added pressure, they said. “This is technical after feeder cattle hit […] Read more
CME October 2023 live cattle with 20-day moving average and December 2023 live cattle (dark red line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures end mixed after hitting new highs

CME lean hogs mostly higher

By
Reading Time: 2 minutes Chicago | Reuters — Most of the Chicago Mercantile Exchange feeder and live cattle futures hit new contract highs again on Tuesday, as tight U.S. supplies and forecast of a strong cash market added fuel to a bull rally, traders said. But by the end of the session, both live and feeder cattle futures were […] Read more
CME October 2023 feeder cattle with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME feeder cattle, deferred live cattle hit new highs

October lean hogs also close higher

By
Reading Time: 2 minutes Chicago | Reuters — U.S. feeder cattle futures and deferred live cattle futures hit new contract highs on Monday, as tight U.S. supplies going into next year continued to fuel the bull market, traders said. Even Chicago Mercantile Exchange’s October and December live cattle futures surged within $1 of their contract highs, fueled by optimism […] Read more

Latest Market News

More Market News →