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

U.S. livestock: Cattle climb on technical buying, demand optimism

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained about one per cent on Tuesday, lifted by technical buying and optimism for the continued robust demand for cattle and beef, traders and analysts said. Cattle futures shrugged off three straight sessions of declines to rise to the highest levels in about a week. […] Read more
CME February 2019 live cattle, with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures up slightly

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures closed modestly higher on Friday on short-covering after a four-session slide and concern that wintry weather in the central Plains in the coming days could slow cattle weight gain, traders said. Lean hog futures were mixed as traders awaited news on U.S.-China trade talks expected this weekend as […] Read more
CME February 2019 lean hogs, with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs sag on technical selling, soft cash

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, with the benchmark February contract declining for a third straight session on technical selling and weak cash values, traders said. Chicago Mercantile Exchange February lean hog futures settled down 0.55 cent at 64.5 cents/lb. after the contract dipped below its 50-day moving […] Read more
CME February 2019 lean hogs, with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs drift lower on weak cash values

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures closed mostly lower on Tuesday, with the benchmark February contract falling for the fourth session out of the last five after hitting a contract high last week. “The cash market continues to struggle. It’s a battle between reality and the ASF (African swine fever) headlines,” said Craig […] Read more
CME February 2019 lean hogs with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs decline as cash values soften

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures fell on Monday on softer cash values and reduced demand for hogs from packers who were cutting kills, traders said. Live cattle futures were modestly lower while feeder cattle ended mixed, with front-month January declining and back months firming. Chicago Mercantile Exchange lean hog futures fell despite […] Read more
CME February 2019 live cattle with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs gain in thin trading on demand optimism

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Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures were higher on Friday, with lean hogs rising sharply and cattle notching relatively smaller gains as each market was buoyed by hopes of better meat demand, traders said. Hog futures on the Chicago Mercantile Exchange continued to rise on expectations that the spreading African swine fever virus in […] Read more

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