U.S. live cattle futures posted modest losses on Thursday after profit taking in a technically overbought market pulled contracts from a fresh six-month high, analysts and traders said. Chicago Mercantile […] Read more
Profit-taking pulls U.S. live cattle from six-month highs
Cash hope floats U.S. live cattle to six-month high
U.S. live cattle futures rose to a six-month high for a second straight day on Wednesday fueled by cash cattle price optimism and rising wholesale beef values, analysts and traders […] Read more
U.S. live cattle jump to six-month high on fund buying
U.S. live cattle futures settled higher on Tuesday as fund buying and short-covering lifted the market to its highest level in six months, said analysts and traders. Chicago Mercantile Exchange […] Read more
U.S. hogs rally as shorts cover; live cattle mixed
U.S. hog futures rallied more than one per cent on Monday, boosted by short-covering and sentiment the market was overdone to the downside after plummeting to a 20-month low last […] Read more
U.S. live cattle post major weekly gain
U.S. live cattle futures were mixed on Friday with the October contract up on better-than-expected beef demand, posting the biggest weekly percentage increase in 15 months, said traders and analysts. […] Read more
Market glut drives U.S. hog futures to 20-month low
U.S. hog futures fell to a 20-month low on Thursday amid increased supplies, with producers rushing animals to market as the worst drought in more than half a century drove […] Read more
U.S. live cattle values spike amid cash optimism
U.S. live cattle futures on Wednesday ended firm, and at one point spiked to their highest level in more than five months, driven by cash cattle price optimism and improved […] Read more
U.S. hog slaughter surges to record as feed costs bite
Record-high feed costs caused by the worst drought in half a century are forcing farmers to slaughter more of their hogs, with the number reaching 9.9 million head in August, […] Read more
U.S. live cattle steady to firm with beef prices
U.S. live cattle futures settled steady to firm on Tuesday, supported by an upswing in wholesale beef prices and fund buying, analysts and traders said. Hog futures rose slightly and […] Read more
U.S. hogs post biggest monthly loss in 10 years
U.S. hog futures posted their biggest monthly loss in a decade as record high feed costs caused by the worst drought in 56 years forced herd liquidation. Chicago Mercantile Exchange […] Read more