Reading Time: < 1 minute Chicago Mercantile Exchange live and feeder cattle futures dropped on Wednesday in a technical and profit-taking retreat following recent strong gains and as beef packer margins fell deeper in the red, analysts said.
Tag Archives U.S. livestock
U.S. livestock: Cattle futures recoil from highs as packer losses deepen
U.S. livestock: Feeder cattle hit highest levels since July
Reading Time: 2 minutes Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.
U.S. grains: Cattle futures up on strong demand, Mexico border closure
Reading Time: 2 minutes Chicago Mercantile Exchange live and feeder cattle futures rose on Wednesday as a strong cash market and a screwworm outbreak in Mexican cattle added support to futures, analysts said.
U.S. livestock: Cattle futures gain on shutdown of Mexican cattle exports
Reading Time: 2 minutes Chicago Mercantile Exchange live and feeder cattle futures were steady to higher on Tuesday owing to strong beef demand and the detection of screwworm in a cow in southern Mexico, which has temporarily shut down exports of Mexican cattle to the U.S.
U.S. livestock: Feeder cattle futures spike on news of screwworm outbreak in Mexican cattle
Reading Time: 2 minutes Chicago Mercantile Exchange feeder cattle futures shot to their highest point since July on Monday as a screwworm outbreak in Mexican cattle shut down feeder cattle exports from Mexico to the U.S. and propelled futures higher, analysts said.
U.S. livestock: Live cattle fall, feeder cattle rise ahead of USDA report
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures fell for a second day on Thursday after reaching three-week highs earlier in the week, as traders awaited the results of the U.S. Department of Agriculture's next Cattle on Feed report, due on Friday.
U.S. livestock: Lean hogs fall on technical selling
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures dipped Friday on technical selling and a lower pork cutout, while feeder cattle turned higher on strength in the cash market, traders said.
U.S. livestock: Lean hogs dip on profit-taking, wholesale meat prices
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures fell on Thursday on profit-taking following recent gains, according to analysts, while declining wholesale meat prices pressured both cattle and hogs.
U.S. livestock: Lean hogs weaken on wholesale pork prices, Goldman roll
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures lost ground on Wednesday on weakness in the pork cutout, according to analysts, while cattle futures also retreated on falling wholesale prices.
U.S. livestock: Live cattle recovers on technical trading
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures gained strength on Tuesday on technical trading, analysts said, while lean hog futures rose for a second day as traders anticipated growing export demand.