CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle rise on higher beef prices, grilling demand

CME October hogs also settle higher

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to advance Friday, supported by increasing beef prices and expectations of continued meat demand going into the Labour Day weekend, traders said. Beef prices usually rise heading into the September holiday, when consumers often barbecue either at home or with family and friends. Beef […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle set five-month high, beef prices rise more

USDA cuts pork production forecast

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures leapt to a five-month high on Wednesday and feeder cattle futures neared a six-month peak as boxed beef prices continued to rise. Meatpackers are paying more for cattle due to the strength of the beef market, traders said. Prices typically rise heading into Labour Day, […] Read more


CME September 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures rise with U.S. beef prices

Chicago lean hogs retreat

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures advanced on Tuesday, supported by increasing beef prices, traders said. Beef prices usually rise heading into Labour Day, and there is a feeling the market has bottomed after recent volatility, said Don Roose, president of Iowa-based broker U.S. Commodities. Prices for choice cuts of boxed […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle up on cash market strength

Lean hog weights 'coming down a little bit'

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Monday, as the cash market strengthened and packers looked to pickup slaughter rates, brokers said. Feeder cattle also gained, while lean hog futures added as producers looked to offload market-weight animals early to reduce feed costs. CME October live cattle added 0.7 cent […] Read more


CME October 2020 lean hogs with 20- and 50-day moving averages and Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hog futures rise on good cash market demand

October live cattle close lower

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures rose on Friday on signs of strength in the cash market after prices had stagnated, traders said. “Recent price weakness uncovered fresh demand, triggering buying on the board this morning that tripped buy stops, accelerating gains,” StoneX chief commodities economist Arlan Suderman wrote in a note […] Read more

CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures steady as investors eye supplies

October lean hogs close higher

Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures steadied on Wednesday, with investors unwilling to push the market above recent highs due to plentiful supplies. Some producer hedging also was noted, traders said. “Everybody is a little too bulled up,” said Larry Hicks at Cattlehedging.com. “Everybody thinks we have worked through the supplies and we have […] Read more


CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures snap winning streak on profit-taking

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures weakened on Tuesday, snapping a five-session streak of gains, as traders took some risk off the table. Hog futures were slightly firmer. Investors shrugged off signs of strength in the cash cattle markets, concerned that the streak that pushed the October contract to a five-month high had […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures extend winning streak

Big supplies hinder hog market

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures firmed on Monday, with fund buying sparking the gains due to expected strength in the cash markets, traders said. “The trade continues to feel that the cash market has bottomed,” said Don Roose of U.S. Commodities. “It continues to feel that the cash market will trade from […] Read more


CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Live cattle futures gain, fall short on the week

Lean hogs slip after three days' gains

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures gained on Friday, after four consecutive days of declines, as traders anticipated the U.S. Department of Agriculture’s monthly Cattle on Feed report. Chicago Mercantile Exchange (CME) August live cattle futures settled up 0.475 cent at 101.325 cents/lb. and October live cattle added 0.5 cent to close at […] Read more

CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle futures ease, demand picture foggy

Hogs up on firmer cash, pork prices

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell again Thursday, the fourth consecutive step back after reaching a high not seen since early March. “The rally last week was kind of counter-seasonal. You typically don’t rally the cattle in late July, early August, in the dog days of summer,” said Jeff French, an analyst […] Read more