CME October 2019 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. livestock: Live cattle fall as cash cattle, beef prices sag

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to contract lows on Thursday as cash cattle prices declined from last week and wholesale beef prices extended their slide, traders said. Cash cattle traded at $100/cwt in Texas and Kansas, traders said, down from $103 last week (all figures US$). “Boxed beef is […] Read more




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

U.S. livestock: CME cattle down as USDA launches beef market probe

Reading Time: 2 minutes Chicago | Reuters — U.S live cattle futures fell on Wednesday on large domestic supplies, analysts said, as the U.S. Department of Agriculture launched an investigation into the wide gap with beef prices. Cattle prices have weakened recently after a fire at a Tyson Foods slaughterhouse in Kansas temporarily eliminated a key buyer of livestock. […] Read more






U.S. livestock: Cattle futures up on larger-than-expected weekly slaughter

U.S. livestock: Cattle futures up on larger-than-expected weekly slaughter

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Monday after U.S. government data showed last week’s slaughter was bigger than the previous week’s, despite a fire that shuttered a Kansas beef plant. The U.S. Department of Agriculture estimated the weekly U.S. cattle slaughter through Saturday at 651,000 head, up from […] Read more


U.S. livestock: Cattle futures mixed, hogs firm

U.S. livestock: Cattle futures mixed, hogs firm

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures were mixed on Wednesday, with deferred months mostly higher on bargain buying after hitting multiyear lows on Tuesday. But nearby live cattle contracts continued to weaken. The front-month contract hit its lowest level since October 2016 on expectations that the shutdown of a major beef […] Read more

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied as much as four per cent on Wednesday in a technical buying and short-covering bounce following a string of losses triggered by worries over exports to China. The world’s largest hog and pork market has threatened to halt all U.S. agricultural product purchases […] Read more