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

U.S. livestock: Live cattle sag as traders eye lower boxed-beef prices

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended mostly lower on Monday as weak boxed beef prices fueled concerns about increasing supplies. Select-grade boxed beef was $189.21/cwt on Monday afternoon, down 2.7 per cent from a week ago, according to U.S. Department of Agriculture data issued after the close of trading […] Read more

CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs down on ample supplies

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Monday for a third straight session as plentiful U.S. hog and pork supplies continued to weigh on the market, analysts said. CME’s most-active August lean hogs contract ended down 0.975 cent at 76.075 cents/lb. after dipping to 75.575 cents, its lowest […] Read more


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

U.S. livestock: CME live cattle jump on firmer cash trade

Reading Time: < 1 minute Chicago | Reuters –– Chicago Mercantile Exchange (CME) live cattle futures settled higher on Friday and set a one-month top, buoyed by higher cash cattle trades in northern states including Nebraska and Iowa, traders said. The U.S. Department of Agriculture (USDA) confirmed that more than 22,000 head of cattle traded Wednesday in Nebraska, mostly from […] Read more

CME July 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. livestock: Nearby lean hogs firm on bargain-buying, China hopes

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) nearby lean hog futures closed higher on Tuesday for a second session on technical buying after last week’s multimonth lows and hopes that a resumption of U.S.-China trade talks could spur export demand for U.S. pork, traders said. U.S. President Donald Trump and Chinese President Xi Jinping […] Read more



CME August 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. livestock: Hog futures limit down on supply glut

Reading Time: 2 minutes Chicago | Reuters — Hefty supplies of American pigs pushed Chicago Mercantile Exchange (CME) lean hog futures down by the daily exchange-imposed limit on Friday. Prices tumbled as the U.S. Department of Agriculture reported that meat companies such as Tyson Foods and JBS USA slaughtered 462,000 hogs, up nine per cent from a year earlier. […] Read more


CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME lean hogs up on bargain buying

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Wednesday in light bargain-buying after last week’s slide to three-month lows, but soft cash markets and ample hog supplies hung over the market and limited rallies, traders said. CME July lean hog futures settled up 0.15 cent at 81.625 cents/lb. and […] Read more

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

U.S. livestock: CME live cattle closed mixed

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed mixed on Tuesday, with expectations for a weak cash trade pressuring the benchmark August contract while back months ended firm, traders said. Packers were not bidding aggressively for cattle, a factor that some traders took as a bearish signal. “The bids that were out […] Read more



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

U.S. livestock: CME live cattle futures end lower

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell Thursday for a second straight session, pressured by technical selling and expectations of ample U.S. summertime supplies of cattle and beef, traders said. “We’re still just in the middle of June, and we know we have a big supply coming in,” said Scott Varilek, […] Read more