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

U.S. livestock: Live cattle jump to two-month high

Lean hogs up on bargain buying

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures on Monday reached a two-month high on follow-through buying from last week, while lean hog futures edged up on bargain buying, traders said. Cattle futures are extending a recovery after recently regaining a premium over cash prices, traders said. Technical buying helped support the futures market even […] Read more

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

U.S. livestock: Cattle futures rise as corn prices ease

Hog futures up slightly on improved exports

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures rose on Thursday with feeder cattle leading the pack, as corn prices eased on profit taking ahead of the long holiday weekend, analysts said. Thursday’s feeder cattle rally was due in part to a slump in corn futures, traders said. Earlier this week, the most-active contract surged amid […] Read more


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

U.S. livestock: Cattle futures drift lower as corn prices soar

Wholesale beef prices show signs of stabilizing

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed modestly lower on Tuesday, pressured by a surge in Chicago Board of Trade (CBOT) corn futures that is likely to squeeze profit margins for livestock producers, traders said. “The rise in feed costs changes the dynamics in the industry. It cuts into profits — or in the […] Read more

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

U.S. livestock: Cattle, hogs end firm on light recovery bounce

Ramped-up slaughter pace keeps lid on rallies

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed modestly higher on Monday, shaking off early declines and firming on technical buying ahead the end of the month and quarter, after a three-session slide last week, traders said. A firmer close in Wall Street equity markets lent support as optimism about the U.S. economy could […] Read more


U.S. livestock: Hogs mostly higher ahead of USDA inventory data

U.S. livestock: Hogs mostly higher ahead of USDA inventory data

CME feeder cattle firm up on lower corn prices

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures were mostly higher on Thursday, lifted by firmer cash hog markets and position squaring ahead of a quarterly hog inventory report that was released after the close. Futures have been sliding for most of the past two months as hog supplies swelled due to numerous packing plant […] Read more

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

U.S. livestock: Cattle futures, beef prices decline

Lean hogs up amid technical buying

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell Thursday as boxed beef prices tumbled under pressure from rising production. Beef output has increased as meat companies increase slaughtering after temporarily closing processing plants in April and May because of outbreaks of the COVID-19 coronavirus among workers. Processors killed an estimated 120,000 cattle on Thursday, […] Read more


(Dragos Cojocari/iStock/Getty Images)

Hog sector hit hard by pandemic

Market weakness seen likely to push some farmers out of business

Reading Time: 2 minutes MarketsFarm — COVID-19 has hit the hog sector hard, with the double-edged sword of large supplies and reduced demand weighing heavily on the market. “The prospect of profitability at current forward prices and at current cash prices is nil… and there’s really no prospect of making anything this year,” said Tyler Fulton, director of risk […] Read more

CME July 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs down, cattle up on demand issues

Cash cattle values hint at increased demand

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures dipped on Tuesday, as questions continued to grow about whether pork export demand from China will surge and eat through massive domestic stockpiles, traders said. Meanwhile, cattle futures rose as the cash market showed hints of increased demand from packers hungry to supply grocery stores and restaurants […] Read more


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

U.S. livestock: Futures up as meat production grows

Live cattle up off last week's lows

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose on Monday, after plunging to their lowest price in more than a month last week, amid signs of meat production increasing — even as cash market prices continue to strain livestock producers’ profits. Chicago Mercantile Exchange August live cattle rose 0.675 cents, to 96 cents (all […] Read more

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

U.S. livestock: Live cattle futures touch one-month low

Improving production pressures hog futures

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures dropped to their lowest price in more than a month on Friday, weighed down by expectations for increasing meat production. Beef output has improved as slaughterhouses have resumed operations after closing temporarily in April and May due to outbreaks of the new coronavirus among plant workers. The […] Read more