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

U.S. livestock: Cattle ease on profit-taking, lack of cash sales

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures eased on Friday as traders locked in profits following two straight sessions of higher prices and as beef packers bought few animals in cash cattle markets, traders and analysts said. Expectations that meat packers might pay prices roughly steady with cattle sales of about $109/cwt a week ago […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle mostly higher on technical buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were narrowly higher on Wednesday, lifted by light technical buying as traders awaited deals in U.S. Plains cash cattle markets, analysts said. Feeder cattle futures were slightly lower and lean hogs were mixed, with fresh news relatively scant. Most-active CME October live cattle ticked up […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle market softens

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $2-$5 lower on average while calf markets were relatively unchanged. Weakness in deferred live cattle futures, along with stronger barley prices, set a negative tone. Most of the Prairies have received less than 40 per cent of normal precipitation over the last 30 days, but this […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit up on U.S.-Mexico deal, China swine fever

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged by their daily three-cent price limit on Monday, buoyed by hopes of increased U.S. pork exports following news of a trade deal with top importer Mexico, traders said. Hog futures were further supported by the outbreak of African swine fever in China, which has […] Read more
(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs sag on uncertainty over trade talks

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Reading Time: 2 minutes Chicago | Reuters –– U.S. hog futures sagged on Wednesday for a third straight session on a perceived lack of progress in U.S. trade negotiations with key pork consumers China and Mexico, traders said. CME Group live cattle futures followed hogs lower, with burdensome supplies adding pressure. Most-active CME October lean hog futures settled down […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs ease for second day

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Reading Time: < 1 minute Chicago | Reuters — Front-month U.S. hog futures fell on Tuesday for a second straight session on technical selling and doubts about whether trade talks this week between China and the U.S. would ease tensions, traders said. CME Group live cattle futures settled modestly higher while feeder cattle futures declined. Most-active CME October lean hog […] Read more
(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Hogs close limit up on hopes of export pick-up

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Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures rallied on Thursday, with most contracts closing at their daily trading limit, on hopes that exports to China will pick up after Washington and Beijing agreed to open trade negotiations, traders said. China and the U.S. will hold lower-level trade talks this month, the two governments said, offering […] Read more

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