Chicago Mercantile Exchange hog futures dropped on Wednesday in response to lower cash hog prices that were pressured by a season increase in supplies, traders and analysts said. The U.S. […] Read more
CME hog futures slide as supplies seasonally increase
CME live cattle futures up with cash expectations
Chicago Mercantile Exchange live cattle futures gained modestly on Tuesday in anticipation of higher cash prices this week, traders and analysts said. Spot August live cattle ended up 0.2 cent […] Read more
CME live cattle futures mostly higher as corn surges
Chicago Mercantile Exchange deferred live cattle futures rose on Monday in reaction to ideas the surge in corn prices will slow cattle production, traders and analysts said. CME live cattle […] Read more
CME live cattle mixed, Merck news lifts back months
Chicago Mercantile Exchange live cattle futures on Friday settled mixed after a choppy session. August live cattle futures closed up 0.2 cent at 123.9 cents per pound and October settled […] Read more
Merck halts Zilmax sales, to study cattle feed additive
U.S. drugmaker Merck and Co. said on Friday it is temporarily suspending sales of its Zilmax animal feed additive in the U.S. and Canada following concerns about use of the […] Read more
Slumping cash, pork prices drop CME hogs to four-month low
Chicago Mercantile Exchange hogs Thursday slumped to a four-month low on profit taking following lower cash hog and wholesale pork prices, traders and analysts said. The wide disparity between the […] Read more
CME hogs climb on futures’ discount to cash prices
Chicago Mercantile Exchange hogs rose for a third consecutive session, driven by futures’ discount to cash hog prices, traders and analysts said. CME spot-August hogs followed the exchange’s hog index […] Read more
Cash optimism lifts U.S. live cattle to six-month high
Chicago Mercantile Exchange live cattle futures hit a six-month high on Tuesday in anticipation of higher cash prices this week, traders and analysts said. There were no cash cattle bids […] Read more
CME live cattle futures rally with cash, beef prices
Chicago Mercantile Exchange live cattle futures on Monday rallied with higher cash prices and improved wholesale beef values, traders and analysts said. The U.S. Department of Agriculture on Monday morning […] Read more
Tyson takes lead with Zilmax ban, higher beef prices may follow
When top U.S. meat packer Tyson Foods abruptly announced it would stop buying cattle fed with a widely used drug that can add more than 30 pounds to the average […] Read more