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
U.S. livestock: Cattle mostly higher on technical buying
U.S. livestock: Hogs ease on weak cash markets, spreading
Chicago | Reuters — U.S. lean hog futures fell on Tuesday, pressured by weaker prices in cash hog markets and spreading as the market gave back a portion of the steep gains notched on Monday, traders and analysts said. Hog futures on the Chicago Mercantile Exchange on Monday jumped by their three-cent daily price limit […] Read more
U.S. livestock: Hogs limit up on U.S.-Mexico deal, China swine fever
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
U.S. grains: Wheat, soy fall on firmer dollar, rains
Chicago | Reuters — U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for U.S. supplies, traders and analysts said. Wheat prices notched some of the biggest declines among agricultural products, dropping after rising slightly during the previous session. […] Read more
U.S. livestock: Cattle drop on weak cash markets, rising supply
Chicago | Reuters — U.S. cattle futures fell on Monday, weighed down by weakness in the cash market, traders said. Weekly slaughter estimates showed supplies up from a year ago and last week, adding pressure to the market. Hog futures were firm, supported by rising values for the pork cutout. Chicago Mercantile Exchange August live […] Read more
U.S. livestock: Hog futures fall to new contract lows on heavy supplies
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures tumbled about 3 percent to fresh life-of-contract lows on Wednesday as cash hog and pork prices extended declines amid abundant supplies and worries of sagging demand, traders said. Most active October lean hog futures fell 1.575 cents to 48.400 cents per pound while front-month August […] Read more
U.S. livestock: Feeder cattle fall on technical selling; hogs mostly lower
Chicago | Reuters – U.S. cattle futures fell on Tuesday, with feeder cattle easing about 2 percent on pressure from technical selling and abundant supplies, traders and analysts said. Lean hog futures also were mostly lower on the Chicago Mercantile Exchange, weighed down by declining prices for hogs in cash markets and lower wholesale pork […] Read more
U.S. livestock: Cattle futures rise on better beef packer demand
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose sharply on Friday, lifted by better demand from beef packers who were bidding more aggressively to buy steers in cash markets, traders and analysts said. Technical buying also supported cattle futures, which broke out of a relatively narrow trade that had defined the market […] Read more
U.S. livestock: Feeder cattle jump as corn costs decline; hogs extend losses
Chicago | Reuters – U.S. cattle futures jumped over 1 percent on Wednesday, with feeder cattle prices leading the way higher after corn futures fell, traders and analysts said. Feed costs are a top expense for fattening cattle and Chicago Mercantile Exchange feeder cattle surged as corn futures turned lower from a roughly 1-1/2 month […] Read more
U.S. livestock: Hog futures tumble with pork belly prices, despite China hopes
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures fell sharply on Tuesday, weighed down by ample supplies and tumbling prices for pork bellies that are used for bacon, traders said. Front-month August lean hogs fell 2.175 cents to 61.125 cents per pound, dropping to a life-of-contract low for the fourth consecutive session. Most-active […] Read more
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