CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Plentiful supply pressures CME hogs

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures fell on Monday in a turnaround from a two-week high last week, as large inventories pressured prices. Meat packers slaughtered an estimated 496,000 pigs, up from 475,000 a year ago, putting extra pork on the market. U.S. hog supplies are large after farmers expanded their herds to supply […] Read more


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

U.S. livestock: Hog futures fall after weak export sales report

Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures eased on Thursday, pressured by a bearish pork export sales report, traders said. Cattle contracts were mixed, with live cattle rising on technical buying while feeder cattle eased. The U.S. Agriculture Department on Thursday morning said that weekly export sales of pork came in at a four-week […] Read more



CME February 2020 lean hogs with 10-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures drop on supply glut

Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures fell 2.4 per cent on Monday, weighed down by bearish supply concerns, traders said. “The hog market boils down to more of the same. Big supplies, record supplies,” said Don Roose, president of Iowa-based U.S. Commodities “With these trade talks still iffy, where are the Chinese? They […] Read more



CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME live cattle set contract high on winter storms

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures reached a contract high on Wednesday on expectations that wintry weather would hamper the movement of cattle to slaughterhouses. Two winter storms blasted parts of the United States, after parts of Colorado got up to 30 inches of snow on Tuesday. The storms could disrupt transportation and […] Read more

CME February 2020 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. livestock: Live cattle touch seven-month peak on weather woes

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, recording a seven-month high on expectations that a winter storm this week would slow the movement of cattle to beef packing plants and possibly curb the ability of feedlot cattle to gain weight, traders said. A powerful snowstorm swept across Colorado and into […] Read more