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(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets, Reuters

U.S. livestock: Cattle futures limit up on better cash sales

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged by their three cents/lb. daily price limit on Friday, boosted by investment fund buying and better-than-expected sales in cash cattle markets, traders and analysts said. Feeder cattle futures also climbed by their daily limit, of 4.5 cents/lb., tracking the higher prices in the more […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hog futures higher on spreading

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures were narrowly higher in bull-spreading on Thursday as some investors exited positions in nearby contract months ahead of a quarterly government supply report that was released after the close of trading. The U.S. Department of Agriculture in the report said the U.S. hog herd as of June […] Read more
(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: CME hogs bounce back on bargain buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures finished higher on Tuesday after short-covering and bargain buying reversed recent market losses amid trade fears, analysts said. Hog farmers in the U.S. may face another wave of higher tariffs by China, which placed stiff retaliatory duties on U.S. pork imports in early April. CME hogs […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs sink on weak cash markets, packer margins

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Friday as falling cash hog prices and poor packer margins weighed on the market, traders said. Worries over slowed pork export demand due to threatened retaliatory tariffs by key trading partners, including Mexico and China, also weighed on the hog market. […] Read more
(CMEGroup.com)
Livestock, Markets, Reuters

U.S. livestock: Bargain buying pares some CME hogs’ losses

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures closed moderately higher on Thursday, with support from bargain buying and short-covering that pared some recent market losses amid U.S. trade worries, said analysts. U.S. hog farmers, still reeling from higher retaliatory tariffs on pork imposed by China in early April, are bracing for another round […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle pivot higher on bargain buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle turned up sharply on Friday, with support from short-covering and bargain buying after Thursday’s losses that were partly led by U.S. trade uncertainty, said analysts and traders. On Friday China said it planned to impose similar size tariffs soon after Washington announced duties on $50 billion […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Trade fears drag down CME live cattle, hogs

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures closed lower on Thursday, partly weakened by uncertainty over U.S. trade with China, traders said. China on Thursday urged the U.S. to make a “wise choice” on trade, saying it was ready to respond in case Washington chose confrontation, as U.S. President Donald […] Read more

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